BOEING REDUCED ITS NET LOSSES BY HALF INCREASING AIRCRAFT QUALITY

Gary Diskin -
Boeing has reduced its net loss by 55.6% in 2023 to $2.242 billion, compared to a loss of $5.053 billion the previous year. The company's revenue increased 17% over 2022 to $77.794 billion, up from $6 ...

THE TOURISM AUTHORITY OF THAILAND DOWNGRADED ITS FORECAST FOR THE TOURISM REVENUE 2024

Justin N. Froyd -
The TAT (Tourism Authority of Thailand) has stated that Thailand will not be able to achieve its previous tourism goals in 2024 due to multiple crises. The government had aimed to attract 40 million i ...

JAMAICA'S TOURISM EXPECTS US$4.5 BILLION IN REVENUE THIS YEAR

James Morris -
According to Tourism Minister Edmund Bartlett, Jamaica is expected to earn $4.5 billion from tourism in 2023, a substantial increase from the $3.64 billion earned in 2019 before the COVID-19 pandemic. ...

ITALY IS THE LEAST ATTRACTIVE EU COUNTRY FOR TAX-FREE SHOPPING

Bill Alen -
Non-EU tourists can benefit from tax-free shopping by recovering the VAT on the products purchased, but the Italian legislation provides for a minimum spending limit (Minimum Purchase Amount) to take ...

GALAPAGOS ENTRY FEE INCREASES TO FIGHT MASS TOURISM

Richard Moor -
According to Ecuador’s local media reports, the cost of entering the Galapagos National Park, a natural heritage site located off the coast of Ecuador, will increase in 2024. The purpose of this measu ...