IATA forecasts airline industry to hit record profits in 2018

Strong demand, efficiency and reduced interest payments will help airlines improve net profitability in 2018 despite rising costs, says the International Air Transport Association (IATA)…..

International tourist arrivals increase 11% year on year with Asia leading that growth

Tourism Australia has reported 8.3 million international arrivals to Australia in 2016, an increase of 11% year-on-year. Managing Director John O’Sullivan reported that tourism arrivals from key markets…..