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AAA: Thanksgiving travel to decline in Texas (BizJournals)
Economic woes are causing individuals to cut their travel plans for the Thanksgiving holiday.
Airline Stocks: Business-class travel skids; Southwest eyes LaGuardia slots (Market Watch)
Airline stocks trade broadly lower, pressured in part by industry data showing an accelerating drop-off in international business travel.
Airlines record sharp drop in business travel (Reuters via Yahoo! News)
Business and first-class air travel dropped sharply in September due to the global financial crisis, the airline industry body IATA said on Wednesday.
Lawyer: Michael Jackson may be too sick to travel (Miami Herald)
Michael Jackson might be too sick to travel to London to testify in a suit claiming he owes an Arab sheik $7 million, the pop star's attorney said Tuesday.
Thanksgiving air travel expected to drop 10% (Los Angeles Times)
Car travel is likely to decline too, says AAA. Penny pinchers are expected to stay close to home and use cheaper ways to visit family such as trains and buses. The slumping economy is keeping Americans closer to home for Thanksgiving as travel by planes and automobiles is expected to drop for the first time in six years.
Houston Thanksgiving air travel to mirror last year (BizJournals)
About 1.2 million passengers are planning to make their way through George Bush Intercontinental Airport and William Hobby Airport during the 14-day Thanksgiving travel period, according to early estimates from the Houston Airport System.
Air Travel For Business Falls 8% In September: IATA (Fox News)
Air Travel For Business Falls 8% In September: IATA
Thanksgiving travel expected to be down (The Capital Times)
Holiday travel at Thanksgiving is expected to be down this year, the first time in six years Americans won't be traveling as much for the holiday, according to a report from AAA. About 41 million people are expected to travel 50 miles or more from home on the Thanksgiving holiday weekend, a decrease of 600,000, or 1.4 percent, from the 41.6 million who traveled at Thanksgiving last year. It's ...
Moody's cuts Orbitz outlook on weak travel demand (AP via Yahoo! Finance)
Moody's Investors Service lowered its outlook on Orbitz Worldwide Inc., citing softening travel demand. Moody's cut the online travel operator's outlook to negative from stable on Wednesday and maintained a "B2", or junk, corporate family rating.
Wynn supports government travel measures in Macau (AP via Yahoo! News)
Casino mogul Steve Wynn said Wednesday he couldn't tell when Macau's slowdown might let up, but expressed confidence in its long-term fortunes and backed government measures to curb travel to the Chinese gambling city.
