Asia to fuel air travel growth
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Global air travel is set to be boosted by an increase in travel between Europe and Asia, thanks to growth in both China and India.
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Business jet makers from Boeing  to Bombardier  are winging their way to Asia, hoping to cash in on increasing wealth and economic growth in a region that still views private planes as needless excess.
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By Karen Vigil, The Pueblo Chieftain, Colo.  Feb. 11--Travel and tourism comprise the world's largest industry and one of the fastest growing economic sectors.
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Global aircraft makers battling for business are likely to get billions of dollars of passenger aircraft orders from India where air travel is poised for massive growth, industry officials said.
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GENEVA : International air passenger traffic should record its strongest growth in 12 years in 2004, climbing by 11 percent for the year as a whole, the International Air Transport Association said Tuesday.
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Germany's Deutsche Lufthansa  said it planned to offer 5.7 percent more seating capacity on its global flight network for the winter season, boosted by increases on U.S. and Asian routes.
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LaSalle Investment Management is raising investment in Asia over the next three to four years to up to $20 billion as investor appetite for the region grows despite a credit squeeze, an executive said on Friday.
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Australian airline Qantas unveils plans to open a pilot training unit to meet demand in the Asia Pacific region.
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China will continue to drive East Asia&#39;s growth next year, but the world&#39;s fastest-growing region may have reached its peak in expansion, according to the World Bank.
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Qantas Airways said it will increase the number of flights from Australia to Britain with stopovers in Hong Kong and Singapore.
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Asia is set to overtake Europe's early lead in adopting mobile television broadcasting.
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A new report says developing Asian economies are expected to enjoy stronger growth despite high oil prices. However, the report warns, a slowdown in China could hurt its neighbors.
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The International Air Transport Association (IATA) has released cargo and passenger traffic forecasts for 2004-2008 indicating a 6% growth annually for international passengers and 6% annually for international cargo tonnage.
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A new report says that pressures on fuel supplies are growing, in part, because booming Asian economies are using more fuel to power their manufacturing industries.
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AirAsia, the first budget carrier to be listed in Southeast Asia, made a solid debut Monday on the Malaysian stock exchange, while company officials said they&#39;ll decide within two months on plans to acquire 40 new aircraft.
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It's looking to grow through franchising abroad. First stops: Singapore and Malaysia.
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JAKARTA - Association of Southeast Asian Nations (ASEAN) member countries are planning to boost regional cooperation in investment amid tight international competition - especially in the sector of infrastructure.