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Airline financing is quite complex, since airlines are highly leveraged operations. Not only must they purchase (or lease) new airliner bodies and engines regularly, they must make major long-term fleet decisions with the goal of meeting the demands of their markets while producing a fleet that is relatively economical to operate and maintain; comparably Southwest Airlines and their reliance on a single airplane type (the Boeing 737 and derivatives), with the now defunct Eastern Air Lines which operated 17 different aircraft types, each with varying pilot, engine, maintenance, and support needs.
Hi! I have fallen in love with the cyklades and have visited Santorini, Ios, Naxos and Folegandros in late june. Folegandros was the best, a fantastic island. We are now thinking about going to Paros the last week in September. Naoussa seem to be a great place. What’s the weather like in late September? Is it still quite warm? I also wonder about the sea conditions. May the sea be rough at that time of the year? I don’t like wavy ferry rides 😨 Thank you for a good sight!
A complicating factor is that of origin-destination control ("O&D control"). Someone purchasing a ticket from Melbourne to Sydney (as an example) for A$200 is competing with someone else who wants to fly Melbourne to Los Angeles through Sydney on the same flight, and who is willing to pay A$1400. Should the airline prefer the $1400 passenger, or the $200 passenger plus a possible Sydney-Los Angeles passenger willing to pay $1300? Airlines have to make hundreds of thousands of similar pricing decisions daily.
Who hasn’t been spellbound by images of Capri’s electric Blue Grotto? This glowing sea cave impresses even veteran globetrotters — and it’s only the beginning of the island’s marvels. Ash-white limestone cliffs, hidden slivers of beach, a towering natural arch: It’s no wonder Capri has been a tourist hub since ancient Roman times. Tip: Climb up to the ruins of Emperor Tiberius’ Villa Jovis, circa A.D. 27, for a heart-stopping vista.
The island’s next hotspot may be The Shore Club, the only development on Providenciales’ Long Bay Beach with 106 ocean view suites and six luxury villas on a nine-acre stretch. On popular, pristine Grace Bay Beach, Grace Bay Club’s tropical-chic redesign led by interior designer Thom Filicia includes redesigned lobby and guest rooms, the new Infiniti Restaurant and Raw Bar and The Residences, a trio of freestanding, beachfront villas. To get off the radar, the eco-conscious Sailrock Resort debuts this year on untouched South Caicos Island — secluded beaches are the buzz.
Culebra Island is beautiful. I just got back to Canada from Puerto Rico. I was there for a month. I loved Culebra so much I went back twice. On my second trip I spent two nights camping at Playa Flamenco. I paid $20 USD per night for a sweet little camping spot (section E). I saw turtles, amazing, colourful fish and met some wonderful people. The snorkelling was okay in terms of being able to see under water but the reefs are not healthy. There was plenty of coconut to pick to drink the water inside and eat the meat. I found passion fruit, mangoes (not ripe), almonds (not ripe) and another really weird looking fruit I don’t know the name of. While I didn’t enjoy the main island of Puerto Rico as much as I’d hoped, I would go back to Culebra if the opportunity ever arose. I made some friends (Perri and Hector–owners) at a little place in town called, “Aqui Me Quedo” who I will never forget their kindness and hospitality.
Located on the eastern coast of Malaysia, the Perhentians consist of two islands. Both are stunningly covered with a lot of palm trees, wide beaches, and crystal blue water. There’s not much to do here, and visitors typically lay on the beach all day, resting from last night’s drinking. It’s the perfect place to put up a hammock. A strong monsoon season limits when to go to between March and October. During the other times, it’s best to head to Thailand, where the weather is nicer.
Nine weeks in Greece is a dream itinerary it certainly gives you lots of flexibility. As you seem to have Athens and the Peloponnese sorted, you just need to sort out your five weeks on the islands. What you need to realize, however, is that the islands are not all mutually interconnected, but rather they are ‘grouped’ – both administratively and from the point of view of transport routes. Here are the main groups.
Lefkada is the island that’s not an island. You can drive to it across the causeway from the mainland, but it feels every bit an island. Aristotle Onassis bought the satellite island of Skorpios here as his own bit of getaway paradise. Beaches, windsurfing, boat hire, good food and wine are all here and there are few built-up package resorts. The main tourist area is centred on Nydri.
They are located north of Australia and east of Bali and offer stunning tropical scenery, a remarkable history, friendly villages, and some of the globe’s most pristine, biologically diverse coral reefs. The only way to reach them is to island-hop the Indonesian archipelago by small planes, ferry services, or eco-friendly cruises for serious divers but it is more than worth the trouble.
Zakynthos is an island of certain extremes: beauty and crass, mass tourism of the worst sort. The islands – like all the Ionian islands is lush and verdant and boasts the now famous ‘shipwreck beach’ (Navagio) that many seek to travel to and swim at. Yes, it’s worth it and numerous excursion boats make the run from ports on the west side of the island. Environmentalists and capitalists clash daggers at Laganas where the mass tourism trade is carried out to the detriment of the Caretta Caretta, or loggerhead turtle that loves the beach as much as British tourists on a binge. Read this page for the background. There is an alternative scene to Laganas at Vasilikos over to the east, but it is much more low-key and less busy.
Which of these great locations would you recommend for a family with teenagers who like to dive and surf? We have been to Hawaii, Costa Rica and Tahiti. We are looking for a safe, yet different, cultural experience with exotic plants, fish and animals. We would prefer to stay in one villa, as opposed to multiple rooms in a hotel. We don’t mind if it is far away from Southern California. I realize this may be painful financially.
Despite all those staycations, the Channel Islands are as close as you get to the UK when it comes to water-surrounded land masses: you prefer to cast your net wider, to the warmer Indian Ocean, Caribbean or Mediterranean – and, increasingly, as far as the Philippines, which has more than 7,600 islands to choose between. The Greek Islands were the classical winners though, and this year’s overall number one, scoring highly for scenery and people, though Sicily’s food was tastier and the Maldives has better places to stay.
The Island of Hawaii (i.e., the Big Island) contains 10 of the world’s 14 climate zones — the only spot on the planet with so many condensed into one small region. Lush tropical terrain rules the green, wet, windward side of the island (see Akaka Falls and Waianuenue/Rainbow Falls), while more arid beauty is on display at Hapuna Beach Park. You can even enter an ice climate at the mystical summit of Mauna Kea volcano, as well as Lake Waiau, one of the highest lakes in the United States.
Kefallonia was severely shaken by an earthquake in 1953 and thereafter lost its quaint gloss. The picturesque northern port of Fiskardo however, escaped much of the destruction and remains to this day one of the main focal points for visitors to the island, so is a good spot for a stay of 2-3 days. Pretty, waterfront cafés and restaurants and a cosy, folksy feel predominate. Asos, between Fiskardo and Argostoli is a west coast ‘resort’ village that pulls in its fair share of visitors and the view down to Asos from the main island road is one of the most photographed spots on Kefallonia.
Sports and Recreation: There are many sport and recreation activities, including running in the woods, walking along the bays, and team sports such as volleyball, basketball, soccer or handball on Sotorišce beach. Additionally, visit the complex Mirta to try out table tennis or rent a small boat. For the more adventurous type, Silba is a great place for windsurfing.
my Name is Julie. for those of view who have never visited tahiti you are seriously missing out. its beautiful and wild and the people are so nice and the weather is great. we got to eat a giant freshly caught tuna and had a big cook out wih tahitian dancers who tell a story about their islands and history. if your looking for paradise tahiti is it do not forget the passports though. you go out and watch the golden sun dance on the water as you watch it set for the night as it gently washes away the stress of busy cities that we live in. i can’t wait to go back what an adventure yahoo!
Analysis of the 1992–1996 period shows that every player in the air transport chain is far more profitable than the airlines, who collect and pass through fees and revenues to them from ticket sales. While airlines as a whole earned 6% return on capital employed (2–3.5% less than the cost of capital), airports earned 10%, catering companies 10–13%, handling companies 11–14%, aircraft lessors 15%, aircraft manufacturers 16%, and global distribution companies more than 30%. (Source: Spinetta, 2000, quoted in Doganis, 2002)
I think that’s a great plan. Santorini is a must and Milos and Naxos are two islands that have both great beaches and lots to do and see away from the beach. Renting a car and exploring the interior villages of Naxos is a must-do and so is a boat tour around Milos. If you’re willing to cut Athens to 2 days, I would recommend Santorini 5 days, Milos 3 days, Naxos 3 days, and Athens 2 days.
There are many picturesque villages to explore, and the beaches are always far from crowded. If you like walking, the lush vegetation and cliffs are ideal, while if you like to do some underwater exploration, there are many scuba diving and fishing opportunities, too. Additionally, Dugi Otok is home to one of Croatia’s best sandy beaches, Sakarun, which some compare to the beaches of the Caribbean, making it a great family spot.
During the era of decolonization, newly born Asian countries started to embrace air transport. Among the first Asian carriers during the era were Cathay Pacific of Hong Kong (founded in September 1946), Orient Airways (later Pakistan International Airlines; founded in October 1946), Air Ceylon (later SriLankan Airlines; founded in 1947), Malayan Airways Limited in 1947 (later Singapore and Malaysia Airlines), El Al in Israel in 1948, Garuda Indonesia in 1949, Japan Airlines in 1951, Thai Airways International in 1960, and Korean National Airlines in 1947.
Crete, Santorini, and Naxos look quite doable within the 12-day block, but Crete’s beaches are scattered throughout a very LARGE island, Santorini really only has Kamari and Perissá (and some southern coast bays) and Naxos does have nice places to swim. If you choose only to visit those three islands in your relatively short time, you will do well.
Wowzers! Tahiti is beautiful! The sunset just completes the picture along with tahiti’s beautiful scenery! All of these destinations are extremely beautiful but my choice out of all of them would definitely be tahiti! I love tahiti because you get your own little hut to stay in! The huts are placed on top of the the bay of water and it would be so beautiful to wake up in the morning to an ocean right beside you! You’d look down and all you would see is ocean! Its so amazing how gorgeous things are! Tahiti will definitely be on my wish list of places to go in the future. Just need a little more money!
The location to the convention center is amazing. it's close enough to the strip, but if you have a car it's really close. For a cheap hotel this one has giant rooms that are quite private.I had a great price point for this hotel is it just can't be beat $5 for a resort fee is unheard of in Las Vegas and I commend this property. My bed was very comfortable and there was a couch in the living room which was nice to sit at.
Many countries have national airlines that the government owns and operates. Fully private airlines are subject to a great deal of government regulation for economic, political, and safety concerns. For instance, governments often intervene to halt airline labor actions to protect the free flow of people, communications, and goods between different regions without compromising safety.
The only ferry from Kusadasi to Greece goes to the Greek island of Samos. It’s a great island and certainly worth a few days. From Samos, there are usually direct ferries to Mykonos and Syros. These are very different islands that have a very different vibe – but both appealing in their own way. From Mykonos there will be direct flights to Western Europe (most likely Rome, Paris, Amsterdam, and London) though not every flight flies every day so requires some planning. Santorini would be another ferry ride from Mykonos. And Crete farther still. So you wouldn’t have time to get to either island.
With a history dating to the Stone Age, Hvar is as fascinating as it is beautiful. Thirteenth-century walls surround Hvar Town, with its red-tiled roofs, and the ancient stone ruins of Stari Grad Plain became a UNESCO World Heritage site in 2008. A jaunt to the interior reveals rugged mountains, lush vineyards and fragrant lavender fields. Embark on a boat trip on the Adriatic to snorkel, swim in sea caves, and wander secret beaches and seaside hamlets.
Major airlines dominated their routes through aggressive pricing and additional capacity offerings, often swamping new start-ups. In the place of high barriers to entry imposed by regulation, the major airlines implemented an equally high barrier called loss leader pricing. In this strategy an already established and dominant airline stomps out its competition by lowering airfares on specific routes, below the cost of operating on it, choking out any chance a start-up airline may have. The industry side effect is an overall drop in revenue and service quality. Since deregulation in 1978 the average domestic ticket price has dropped by 40%. So has airline employee pay. By incurring massive losses, the airlines of the USA now rely upon a scourge of cyclical Chapter 11 bankruptcy proceedings to continue doing business. America West Airlines (which has since merged with US Airways) remained a significant survivor from this new entrant era, as dozens, even hundreds, have gone under.
But Indonesia has more than just Bali. The nearby Gili Islands are another incredible island getaway. Both destinations make for a more active tropical vacation and the weather remains pretty constant all year round (though April to October sees slightly drier weather). Both Bali and the Gili Islands are close enough that you should be able to visit them both on your trip to really get the most out of this idyllic corner of the world.
Barbados is a vibrant island with a great nightlight. Bridgetown is one of the nightlife capitals of the area, so if you’re looking to stay up until the wee hours then this might be the island for you! Like Bermuda, you’ll find amazing beaches and caving here. You’ll also find some world-class surfing. The food here is amazing, and you’ll be able to enjoy expensive, delicious meals alongside cheap local food.
In the 1950s, the De Havilland Comet, Boeing 707, Douglas DC-8, and Sud Aviation Caravelle became the first flagships of the Jet Age in the West, while the Eastern bloc had Tupolev Tu-104 and Tupolev Tu-124 in the fleets of state-owned carriers such as Czechoslovak ČSA, Soviet Aeroflot and East-German Interflug. The Vickers Viscount and Lockheed L-188 Electra inaugurated turboprop transport.
Located in Las Vegas, a 15-minute walk from Crystals Shopping Center, Homewood Suites By Hilton Las Vegas City Center has barbecue facilities and rooms with free WiFi access. We booked the 2 bedroom suite which was perfect for a family of 5. Spacious rooms, very clean. Staff was nice and helpful. They have a shuttle bus service, and it took only few minutes to the strip area. Good breakfast included in the price. Highly recommend.
Great list Matt! Indeed, there obviously there are some spots on this globe I have to visit. Can confirm the Maldives though. Has changed over time, but then again, the first time they were still “exploring” their “tourist economy” potential. Been there twice now and although definitely more crowded still holds its appeal. Be prepared for culture shock though. If you return to the “civilised world” you will wonder about the rest of the grubby world and catch yourself day dreaming regularly. 😉
Like Imperial Airways, Air France and KLM's early growth depended heavily on the needs to service links with far-flung colonial possessions (North Africa and Indochina for the French and the East Indies for the Dutch). France began an air mail service to Morocco in 1919 that was bought out in 1927, renamed Aéropostale, and injected with capital to become a major international carrier. In 1933, Aéropostale went bankrupt, was nationalized and merged into Air France.
My boyfriend and I will be traveling to Greece on August 1-11th. We have 10 days. Is this a feasible itinerary for a couple in their early 30s who want beach, relaxation, good food, boating, and some history? Fly into Athens have one full day there then fly to Naxos for a day and a half, Milos for 3 nights, then Santorini for 3 nights, then back to Athens for our flight? We chose Milos over Naxos at first, but after reading your blog it seems the beaches in Naxos may be better?
What’s most stunning in Bali — dazzling beaches like Nusa Dua, Seminyak and Jimbaran Bay? Ubud’s terraced rice fields, sacred forest and ancient monuments? Or the island’s 10,000 intricate temples, including Pura Empul (the one you bathe in) and Uluwatu sea temple? Experience all of the above and decide for yourself. The Land of the Gods also boasts a loveliness that is more than skin-deep, thanks to its warm people and ubiquitous, inclusive spirituality.
When Condé Nast Traveller first appeared in 1997, Ibiza was trancing out many of you – so much so that it utterly failed to make the top 20 in our debut awards. This year the Balearics came second, for all-round good times; though when it comes to beaches and hotels you'd rather go the distance to the Maldives, and thought Malta best value for money. And while the appetite for Sicily's food was hearty, the Greek Islands hauled in first place overall thanks to its extraordinary scenery and people. Here are the 20 best islands in the world, as voted for by you.
Tisno on the island of Murter is one of the two major electronic music festival locations in Croatia. Over the summer months people flock to Tisno to attend such festivals as Suncebeat, Electric Elephant and Love International festivals. Aside from music, Murter is strikingly beautiful and you can easily do a day trip to the Kornati Islands from Murter.
I liked the price and the hotel is perfect for kids. I stayed in a bungalow close to the pools and that room was great! You can park your vehicle close to your room so you don’t need to walk like 2 blocks to get to your car. The hotel offers great facilities for the kids, but if you are planning to walk around Las Vegas strip this is not a good location.
On July 31, 1946, a chartered Philippine Airlines (PAL) DC-4 ferried 40 American servicemen to Oakland, California, from Nielson Airport in Makati City with stops in Guam, Wake Island, Johnston Atoll and Honolulu, Hawaii, making PAL the first Asian airline to cross the Pacific Ocean. A regular service between Manila and San Francisco was started in December. It was during this year that the airline was designated as the flag carrier of Philippines.