Thursday December 13, 2018
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IATA forecasts 10th year of profit for airlines in 2019

IATA is forecasting a decade in the black for airlines by the end of 2019, with the global airline industry achieving a net profit of $35.5 billion next year.
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Air travel demand bounces back from eight-month low: IATA

Global passenger air traffic rebounded in October, with demand (measured in revenue passenger kilometers, or RPKs) up 6.3% compared to October 2017, says IATA.
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Agents show resilience in the face of Costco Travel’s alleged extreme rebating

Evidence of the latest threat to the Canadian retail travel sector is probably right in your own wallet. It’s your Costco membership card.
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TICO signs on with new education partner

TICO says it’s moving to a new education provider effective Jan. 2, 2019. 
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Canada & U.K. sign new agreement to support air transport

A new Open Skies-type agreement has just been signed between Canada and the United Kingdom, which encourages long-term, sustainable competition and the development of international air services.
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Participate in Fee Survey for a chance to win a $25 gift card

Agents can win a US$25 gift card simply by participating in Host Agency Reviews’ third annual Fee Survey.
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Who owns the client? Agents push back against supplier ‘comeback’ programs

Nine out of 10 travel advisers don’t want suppliers contacting their clients after a stay or trip to offer discounts for booking future travel directly with the suppliers, according to a DWHSA poll surveying Canadian and U.S. travel agents.
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3 ways agents can stay successful and some good ‘by the numbers’ stats for the trade

Travel agents have made it through the Internet and OTAs, commission caps and cuts and direct booking channels. They’re not only surviving, they’re thriving. So what should a travel agent do to stay successful in the years ahead?
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Airlines left “completely in the dark” about Brexit contingency plans, says IATA

IATA is calling for urgent action by the UK and the European Union to put in place contingency planning for the continuation of air services in the event of a ‘no-deal Brexit’.
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Sinorama collapse included in TICO Board’s latest Comp Fund update

TICO’s Board of Directors has approved a payment of $5,696.12 from the Travel Industry Compensation Fund to assist six consumers who did not receive the travel services for which they had paid, due to the closures of Canadian Fares Inc. in Toronto ($1,596.16) and Transaero Airlines in Russia ($4,099.96). 
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