Figures published by the Department for Transport suggest that more cyclists die on the UK’s roads during times of recession than when the economy is more buoyant. The statistics show that during three of the last four recessions the number of cyclists being killed has gone up as more people decide to save the money [...]

Low-cost carrier Ryanair has said that it would continue along a path of expansion as it announces a significant rise in profits for the second quarter. Results were up by 23 per cent, and the airline said it expected full year results to be better than previously forecast. In the three months ending 30 September, [...]

Airline analysts are expecting there to be strong orders at the Paris Air Show this week for Boeing’s new giant 747-8. The intercontinental jetliner will go head-to-head with the Airbus A380, which is also expected to sell well. Boeing’s jumbo is currently being delivered as a freighter with is passenger configuration to go out to [...]

A new study indicates that golf tourism could potentially generate some £300 million for the Scottish economy over the next 10 years. The research shows the potential for the home of golf to grow the value of the sport by around 30 per cent over the next decade. Researchers found that even though Europe was [...]

Like many carriers across Europe, Aer Lingus announced that 2010 saw a return to profit, but that the coming year is bound to be a challenging one. The Irish flag carrier managed to turn round a loss of €130 million during 2009 to report that it made €47 million in 2010. It managed this even [...]

The latest official figures for tourism in Cyprus show that revenues rose by 3.8 per cent through 2010. The data seems to suggest that economic recovery may be underway in the EU state. In 2009, revenues from tourism were 1.49 billion euros; in 2010 this figure rose to 1.54 billion euros. Last year was the [...]

Companies that were forced to cut down the cost of business-class air travel during the economic downturn are now planning to maintain the lower cost flights in a bid to save money and employees looking for flights are required to look for the lowest cost fares, the Civil Aviation Authority (CAA) revealed on Tuesday. The [...]

Economists are predicting that a royal wedding next year will bring a much needed boost to the country’s finances through extra tourism; as well as lift some of the gloom left over from the global recession. Hoteliers, restaurateurs, merchandisers and broadcasters can also look forward to the added bonus of the Summer Olympics the following year. [...]

The worldwide economic crisis has left the travel industry in the Asia – Pacific region largely unscathed. Though numbers did fall in the recession, the economies of Australia, India and China remained steady, and the region is now firmly within the sights of international travel operators. Any signs of last year’s descent have been removed [...]

The ongoing effects of the economic downturn have once again impacted on sales of new cars. New vehicle sales declined in August, with further falls predicted for the remainder of the year as Britain steels itself for an increase in VAT and watches its spending following the austerity budget. Last month saw a total registration [...]