(IN SHORT) T’way Air is launching a non-stop route from Vancouver to Seoul, South Korea, starting July 12, 2025. The new service, operated four times a week with an Airbus 330-300, will cater to the growing demand for travel between Canada and South Korea, especially in Vancouver, home to a large Korean community. This year-round… Read the full news article
Tag Archives: Economic Impact
IATA Highlights the Vital Economic Role of Aviation in Kenya, Supporting Billions in GDP and Hundreds of Thousands of Jobs
(IN SHORT) IATA’s “Value of Air Transport” study for Kenya reveals that the aviation sector contributes USD 3.3 billion to the national GDP and supports 460,000 jobs. The study highlights Kenya’s potential for growth in air transport, emphasizing infrastructure development, digitalization, and workforce training as key priorities for sustaining future success. IATA projects a 3.7%… Read the full news article
Wizz Air’s New Base in Yerevan to Offer 1.2 Million Seats Annually and Expand Regional Connectivity
(IN SHORT) Wizz Air’s new base in Yerevan, launching October 2025, introduces eight new routes to six countries, reinforcing the airline’s leadership in Armenia’s aviation sector. The Airbus A321neo aircraft will offer sustainable travel options, while the base’s expansion is expected to create 100 direct jobs and 800 indirect jobs in Armenia. With over 1.2… Read the full news article
RSAC™ 2025 Conference Returns to San Francisco with Unprecedented Growth, Innovation, and Investment
(IN SHORT) RSAC™ 2025 will return to San Francisco from April 28 to May 1, with more than 40,000 attendees expected. The expanded event, incorporating Yerba Buena Center for the Arts, will feature enhanced networking, new programs, and a record-breaking investment initiative in the RSAC Innovation Sandbox. The conference is expected to surpass the 2024… Read the full news article
WTTC Forecasts Türkiye’s Travel & Tourism Sector to Soar in 2025, Cementing Its Status as a Global Powerhouse
(IN SHORT) According to the World Travel & Tourism Council (WTTC), Türkiye’s Travel & Tourism sector is set for exceptional growth in 2025, contributing ₺5.2TN to the national economy, and supporting 3.3 million jobs. The sector’s performance will be driven by a surge in both international and domestic visitor spending, with Türkiye’s tourism industry continuing… Read the full news article
Air France-KLM’s Socio-Economic Impact: A Comprehensive Study
The Group generates 1.9% of French GDP and 2.3% of Dutch GDP; • An estimated 552,570 jobs in France and 267,996 jobs in the Netherlands depend directly or indirectly on Air France-KLM; • For each job created by Air France-KLM in France, 11 jobs are created in the French economy. For each job created in… Read the full news article
New Research Underscores Significant Economic Impact of Hotel Industry
WASHINGTON, USA, 2019-Sep-10 — /Travel PR News/ — Underscoring the significant economic impact and strong growth of the hotel industry, a new study released today (September 9, 2019) finds that hotels support more than 1 in 25 American jobs—8.3 million in total—and contribute nearly $660 billion annually to U.S. GDP. Conducted by Oxford Economics, the study was… Read the full news article






