Volaris, the ultra-low-cost airline serving Mexico and the US, today reported its preliminary traffic results for April 2014. The total number of booked passengers in April 2014 reached 790 thousand, an 18.2% increase compared to the same period in 2013.
European airport trade body, ACI Europe released its traffic results for Q1 across the European airport network. Overall, passenger traffic at Europe’s airports reported a healthy increase of +4.6% compared to Q1 2013.
Mexico plans to invest 180 billion pesos ($13.8 billion USD) in tourism infrastructure to turn the country into a global power in the industry, President Enrique Peña Nieto announced during the Tianguis Turístico Cancún 2014.
David Evans, who assumed leadership duties on April 22, 2014, acknowledged taxes are important to reinvest in aviation infrastructure, but he would like to see governments fully examine the overall economic and social impact of LIAT.
TripAdvisor has today announced it has acquired Vacation Home Rentals, a Massachusetts-based vacation rentals website. VHR runs over 14,000 properties in the world.
Walt Disney Company (DIS) is betting big on its prospects in mainland China, after it announced today that it would spend an additional $800 million to expand capacity and increase the number of attractions at its upcoming Shanghai Disney Resort.




