Centre for Asia Pacific Aviation reports that the airline industry’s general exasperation about the impact of high fuel prices on profitability is increasingly unsupported by figures from its own peak industry body. Forecast average fuel prices for the year have steadily risen by 28% since the Dec-05 IATA forecast for a USD4.3 billion industry loss for 2006. But that loss has since been cut by more than half, to USD1.7 billion, according to IATA’s latest estimate. According to the Center’s Executive Chairman, Peter Harbison, “the improved outlook […]

- Today in Bali History: 1906 Dutch expeditionary force arrive in Bandung Strait as show of force, setting stage for "Puputan" 2 days later., 2012/09/12
- You are the cherry in a canned fruit salad. @petewentz Hmmm...artifically sweetened and colored, added only for effect?, 2012/09/12
Links
Bali Travel Information
Jalan Raya Puputan 41, Renon, Denpasar, Bali – Indonesia 80235
Phone: 62 (361) 235 600; FAX. 62 (361) 239 200
E-Mail: [email protected]