
Virgin Atlantic is asking the UK government to force short haul flights to take a greater share of the tax burden as industry stakeholders continue to protest the unbalanced air passenger duty (APD).

U.S. airlines are opposing a proposal to increase airline passenger taxes as part of an effort to deal with the looming national debt limit, saying that such a tax could have a chilling effect on air travel and the economy.

Brazil Hospitality Group announces the approval by unanimous decision of the Registered Instrument of Promise of Purchase and Sale established on August 26, 2010, and amended on September 2, 2010, between BHG and Veplan Hoteis e Turismo S.A. ("Veplan"), a company in bankruptcy reorganization (Chapter 11) for the acquisition of the Hotel Rio Palace (currently operated with the "Sofitel" brand). The decision was announced yesterday.

Economic activity in the Cayman Islands has dropped for the third consecutive year, according to the 2010 Economic Report released by the Economics and Statistics Office.

STR and STR Global have formed a partnership with Tourism Economics, an Oxford Economics’ company dedicated to quantitative analysis of the travel industry. The partnership will allow STR and STR Global to combine historical data with Tourism Economics’ rigorous modeling with industry knowledge to produce the ultimate resource for market forecasting.

There’s concern that Dr Jean Holder’s departure from LIAT could have a negative impact on the Antigua-based airline as it prepares to make some major decisions.