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Luxury travel bills contradict Tories' frugal image (Toronto Star)
Federal politicians and public servants are blowing the bank on travel – taking a multitude of trips at high-class prices to London, Paris, Geneva, Sydney and various North American destinations.
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Air China reports US$454m in fuel hedge contract losses (Channel NewsAsia)
SHANGHAI : Flag carrier Air China said Saturday it was facing fuel hedging contract losses of up to 454 million dollars at the end of October as global oil prices tumbled, state press said.
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AAA sees dropoff in holiday travel (The Post and Courier)
CHARLOTTE — AAA Carolinas said Friday fewer people in the Carolinas plan to travel this Thanksgiving as economic concerns outweigh the benefits of falling gas prices.
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Air China fuel hedging losses rise to $454 mln (Reuters via Yahoo! Philippines News)
HONG KONG, Nov 22 (Reuters) - Air China <0753.HK><601111.SS> warned that potential losses from its fuel hedging contracts had tripled to $454 million from the third quarter as energy prices slumped on the back of the global economic slowdown.
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Despite drop in gas prices, fewer expected to travel (The Morganton News Herald)
Despite a dramatic drop in the price of gasoline of more than $2 a gallon in just two months, fewer Carolinians are planning to travel on the road or by airplane this Thanksgiving. The drop in Thanksgiving holiday travel is the first downturn since 2002, according to AAA Carolinas.
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Gas Prices Lower But Holiday Travel Still Down (CBS4 Miami)
With Thanksgiving less than a week away, many people will hit the road to visit family and friends but that road trip won't be quite as expensive thanks to falling gas prices.
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Delta Air, Southwest Add D.C. Flights for Obama Inauguration (Bloomberg)
Nov. 21 (Bloomberg) -- Delta Air Lines Inc. , Southwest Airlines Co. and other carriers will add dozens of flights to and from Washington in mid-January to take advantage of travel demand for the inauguration of President-elect Barack Obama .
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Fewer holiday air travelers means seats, deals available (Wausau Daily Herald)
MOSINEE -- Good deals still can be had on air travel, as fewer people are expected to take to the skies locally and nationally during the Thanksgiving holiday.
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Air China reports 454 mln dlrs in fuel hedge contract losses: report (TODAYonline)
An Air China plane takes off from Beijing in late August. The Chinese airline has said it is facing fuel hedging contract losses of up to US$454 million at the end of October as global oil prices tumbled.
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Air China reports $454 mln of fuel hedging loss by Oct. (People's Daily)
Air China, the country's largest international carrier, said its loss in the fair value of fuel hedging contracts jumped to 3.1 billion yuan (454 million U.S. dollars) by the end of October. The Beijing-based airline said on Oct. 29 it booked a loss of 1.94 billion yuan in the third quarter due to weak travel demand and fuel hedging loss of 961 million yuan. In a statement to the Shanghai Stock ...
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