Car Rental News For November 2008

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27/11/2008 – Sixt reports third quarter profit decline
The German rental car company has cut its full-year profit forecast after a third quarter net income drop of 23 percent.

24/11/2008 – Nostalgic holidays in Britain increase in popularity
Many UK holidaymakers are planning breaks with their children to places they remember fondly from their youth.

20/11/2008 – September premium air travel declines
The number of air travelers buying premium-class tickets dropped in September by eight per cent.

17/11/2008 – Improved profits for TUI Group travel units
The TUI Group has reported “substantial increases” for the third quarter in turnover and profits in its travel business.

13/11/2008 – Rental car company stocks fall after downgrading
On Wednesday shares in Avis Budget and Hertz dropped after downgrading by an industry analyst.

10/11/2008 – Government to push for rapid Heathrow runway approval
A full-scale debate is set for Tuesday to signal the government’s intention to proceed on the airport’s expansion.

06/11/2008 – BAA pledges funds to Crossrail project
The new rail link project, linking Heathrow and Canary Wharf, has gotten a £230m commitment from BAA.

03/11/2008 – Air Europa charter skids off Lanzarote runway
A plane with dozens of UK holidaymakers on board skidded off the runway at the Canary Islands airport on Friday.

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