$25 billion at Farnborough Airshow
The tally of plane orders by the close of third day of the Farnborough Airshow has passed the $25 billion mark, as a resurgent commercial aviation sector offset severe cut backs to government defence expenditure.
Though the show remains a long way off the record-breaking $88.7 billion of bookings announced at Farnborough in 2008, sales are well above the $7 billion placed at last summer’s sister airshow in Paris.
Airbus enjoyed the bulk of today’s bookings, including Thai Airways making a commitment to buy seven A330-300s worth around $1.5 billion, as well as sales to Berlin-based Germania, which signed a contract for five Airbus A319s.
Indonesian flag carrier Garuda has purchased of six long-range A330-200s, worth $1.1 billion at catalogue prices, to expand its new premium service “to more international destinations in a profitable and efficient way.”
Boeing’s sales included Air Austral ordering two long-range 777-200s, worth $501 million at catalog prices. Qatar Airways had ordered two 777-200LRs for the same price. Read the rest of this entry »



Winter is not perpetual and a new tourist season will come in summer. Millions of people will take vacations and live in hotels. But many of them do not clearly understand the difference between 3 and 4 stars hotels. Why is it advantageous for hotels to raise stars sometimes? Why do they lower stars in other cases? Let’s try to reveal the secrets of hotel stars and advise on how to choose the right hotel.
Google has marked its entry into the travel search market by buying the aggregator ITA Software for $700m (£461m). The cash deal, which represents the six-largest in Google’s history, will position the technology giant against the likes of Expedia, Cheapflights, Kayak.com and Microsoft’s Bing Travel.
British Airways has struck a £3.7 billion deal with the trustees of the New Airways Pension Scheme (NAPS) and Airways Pension Scheme (APS) in an attempt to redress spiraling deficits at the airline.