IATA Cuts 2010 Loss Forecast in Half – Strong Start to 2010

The International Air Transport Association (IATA) halved its loss forecast for 2010 to US$2.8 billion (compared to the US$5.6 billion loss forecast in December 2009). The improvement is largely driven by a much stronger recovery in demand seen by year-end gains that continued into the first months of 2010. Relatively flat capacity translated into some yield improvement and stronger revenues.

U.S.-Cuba Travel Summit Features Senator Dorgan, Cuban Ministry Officials, Travel and Investment Specialists

The U.S.-Cuba Travel Summit, March 24-26 in Cancun, features a unique opportunity for travel professionals to connect with Cuban officials and travel specialists. U.S. travel professionals and others interested in being at the front of the opportunity when travel opens to Cuba will want to attend this one-of-a-kind conference. Presented by Alamar Associates in association with NTA and sponsored by USTOA, the U.S.-Cuba Travel Summit offers presentations from top Cuban officials and local travel specialists on the state of tourism and opportunity for investment in Cuba.