Travel and Holiday News latest 3rd Oct
A roundup of the latest holiday and travel news from the last week and over the weekend:
Tax burden on airlines needs to be reviewed: For airlines to continue to operate effectively the tax burden placed on them by the government needs to be reviewed said Tony Tyler, the Director General and Chief Executive of IATA according to TTG today. The industry is focused on reducing costs and increasing efficiency in order combat slow eceonomic growth, according to IATA, with figures suggesting the aviation industry is being hit hard by slowing passenger demand.
Fastjet transatlantic rumours:
Fastjet, Stelios’s new venture, is rumoured to be planning to launch transatlantic flights to long haul destinations rather than focusing on competing with Easyjet, according to the Sunday Telegraph. The entrepreneur is thought to be working in partnership with other business people looking to build an airline. It has not been confirmed that “Fastjet” is the chosen name for the new venture yet, there are also other names being considered.
El Hierro on volcanic activity alert:
El Hierro has been in the news this week due to the actions of the government there placing it on ‘yellow’ alert. There have bee na number of earthquake swarms and tectonic activity during the last few months, making scientists warn of a possible volcanic eruption in the future. El Hierro is a small island in the Canaries.
London to Sydney in 1hr 45mins?
A new spacecraft is being developed by KLM with Michiel Mol (owner of LBi digital agency amongst other ventures), to make long haul flights a thing of the past. It’s thought it will take 15-20 years to have commerical space journeys available, according to the Daily Mail. The first flight on a preliminary version of the spacecraft is planned for 2014 from the Caribbean island Curacao and so far 35 people have bought tickets. The spaceship will travel at 2200 miles per hour.