Brazilian aerospace conglomerate, Embraer sees a market demand of 310 jets in the 60-120 passenger jet segment in the Middle-East in the period 2011-2030. According to reports, the aircraft maker has forecast a market potential of 14 billion dollars during the period in the region.
International flights by state-run carrier Aerolineas Argentinas resumed Monday after a weekend disruption over a labour dispute with comptrollers which the government of President Cristina Fernandez resolved by ordering the Air Force to take control of air operations.
In the last eleven days the Argentine Peso has fallen almost 20% in neighbouring Uruguay where it has sounded alarm bells ahead of the coming season when hundreds of thousands of Argentines flood Uruguayan beaches.
The Iguazú Falls located on the border of Argentina and Brazi and consisting of approximately 257 individual falls over 2.7 kilometres were chosen as one of the new natural seven wonders of the world in a contest in which thousands of people voted via text messages, by phone and online. The result will be made official in 2012 with a big celebration.
The St Helena Government this week entered into a contract with South Africa’s Basil Read (Pty) Ltd in the amount of £201.5 million for the design and construction of the airport, an additional up to £10 million in shared risk contingency, and £35.1 million for ten years of operation.
“Sea Spirit” with 94 passengers and heading for South Georgia was the first cruise ship of the 2011/2012 to call in the Falkland Islands, reports the Penguin News.
The 2011/2012 cruise season in Buenos Aires officially opens next Wednesday with the arrival of the Norwegian flagged ‘Fram’. Until next May, 158 calls are expected in the port of Buenos Aires totalling 400.000 visitors which represents a 15% and 21% increase respectively over the previous season.
The Boeing 787 Dreamliner, the world’s first carbon-composite airliner, flew to Hong Kong from Tokyo carrying its first paying passengers this week.
Gibraltar’s new iconic £50m Air Terminal, flagged as an architectural symbol of the Government’s program of infrastructure development and a pivotal piece of the expansion of the local aviation industry, will be opened for viewing to the general public on November 3rd.
The Inter-American Development Bank (IDB) approved a loan for 5 million dollars to promote tourism in six Uruguayan departments with the aim of boosting foreign exchange earnings, income, and employment.