Air Travel May Double


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Bloomberg.com: Latin America Updated: New York: Dec 28 17:46 London: Dec 28 22:46 Tokyo: Dec 29 07:46 US AU BZ FP GR HK IM JP LN SM IND : Regions Top Worldwide Regions Asia Australia & New Zealand Canada Europe Germany Japan Latin America U.K. U.S. Markets Economy/Politics Commentary Sports Culture Bloomberg RSS RESOURCES: Bloomberg TV Bloomberg Radio Markets Latin America E-Mail This Story Printer-Friendly Format Venezuelan Economy Grew 9.4 Percent in 2005, Fueled by Government Spending Codelco Union Workers Delay Strike at Chile Copper Mines for Wage Talks Brazilian Central Bank Expects 4 Percent Growth in 2006, Faster Inflation Mexican Air Travel May Double in 3 Years on Discounts (Update2) Dec. 23 (Bloomberg) -- Mexico is preparing for domestic airtravel to double in as few as three years, predicting newdiscount airlines such as Interjet will pull 20 millionpassengers off the bus, the country's aviation chief said. Interjet, the first low-cost carrier to begin service fromthe Mexico City area, introduced fares this month that beatpremium bus travel. Almost 40 million people annually travel 400kilometers or more on buses equipped with televisions, airconditioning, and washrooms between cities served by airports,said Gilberto Lopez Meyer, Mexico's civil aviation director. ``We can double the number of domestic air passengers ifhalf these people begin flying,'' Lopez Meyer said in aninterview in Mexico City on Dec. 20. The first discount fares introduced in Mexico areencouraging, he said. Mexico City-based Interjet, one of fivestartup projects, began flying four routes on Dec. 5 with pricesthat are as little as a quarter of those charged by the nation'slargest airlines, Mexicana and Aeromexico. They can be cheaper than the bus, too. Traveling to thebeach resort of Cancun from Mexico City on a luxury bus run byAutobuses ADO costs 1,284 pesos ($120) and takes up to 23.5hours. Interjet's fares to Cancun from the Toluca airport, 69kilometers from downtown Mexico City, start at 1,205 pesos,including taxes. The flight is two hours long. A round-trip ticket to Guadalaraja from Toluca can be ascheap as 1,144 pesos on Interjet, compared with 5,145 pesoscharged by Mexicana or Aeromexico. ``I hope these prices are here to stay,'' Lopez Meyer said.``If the discount fares are on average 50 percent cheaper thanthe legacy carriers, we'll have achieved our goal.'' Temporary Subsidies Avolar Lineas Aereas SA began flying from the northern cityof Tijuana to four towns in September. Another two carriersprobably will start operations by June, Lopez Meyer said. One issponsored by Mexican billionaires Carlos Slim and EmilioAzcarraga and the other is backed by Brazil's Gol Lineas AereasInteligentes SA. Mexico is Latin America's second-largest aviation marketafter Brazil, with 20 million passengers a year. To help lower fares, the Mexican government is expandingairport capacity and giving the startup carriers temporarysubsidies on services such as fuel delivery that reduceoperating costs by about 10 percent, Lopez Meyer said.Passengers get 50 percent off on airport tax when flying fromsecondary airports. Competitor Reaction Interjet, owned by the son and grandson of former MexicanPresident Miguel Aleman, can break even in a year by maintainingthe current fare structure so long as the planes fly 65 percentfull, Chief Executive Officer Jose Luis Garza said in aninterview in Mexico City. The carrier has a five-class faresystem with a 50-peso difference between them, he said. The Alemans spent $230 million to buy seven Airbus SAS'sA320 from insolvent Italian airline Volare Group SpA and putdown $60 million in equity capital to start Interjet, Garzasaid. Interjet placed firm orders for 10 new Airbus planes andhas options to buy another 10, which would demand investments of$1.2 billion, he said. Interjet has no debt. Reacting to increasing competition, Mexicana and Aeromexicointroduced promotional fares and expanded service to Toluca.Government-owned Aeromexico began flying to the industrial cityof Monterrey from Toluca on Dec. 14 for as little as 822 pesos.At Interjet, fares to Monterrey start at 745 pesos. ``I can make money at this price, but they can't,'' saidGarza, who served as chief financial officer of Aeromexicobetween 1988 and 1990. Airline Sale Discount airlines reduce investor interest in theprivatization auction for Mexicana and Aeromexico last month.The government sold just Mexicana and rejected bids forAeromexico, saying they were too low. Grupo Posadas SA, Mexico'slargest hotel chain, bought Mexicana for $165.5 million plusassumption of $1.27 billion in debt. Shares of Cintra SA, the holding company for Mexicana andAeromexico, tumbled 20 percent the day after the bids wereplaced Nov. 21 and another 18 percent in the three daysfollowing the auction results were announced Nov. 30. Thegovernment plans to put Aeromexico on the block again in early2006. ``We couldn't artificially halt the entry of the low-costairlines because of the sale of Cintra,'' Lopez Meyer said. ``Ifthere's interest in new carriers and all the requirements aremet, we have to issue a license by law.'' To contact the reporter on this story:Adriana Arai at aarai1@bloomberg.net Last Updated: December 23, 2005 13:57 EST ©2005 Bloomberg L.P. All rights reserved. Terms of Service Privacy Policy Trademarks Site Map Help Feedback About Bloomberg Log In/Register Advertising ??????
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Official website Watch a classic clip, "Lady Tutor": High quality | Low quality (Quick Time) The Latest -- Japan Zone is the only site that brings you regular news and gossip in English from the Japanese entertainment world. Noriko's Fashion Choice Talento Kato Noriko (32) is to get married on New Year's Day, according to her agency yesterday. The lucky man is Wakatsuki Yoshio (43), a creative director in the fashion world. The fax announcement of the engagement caught the media by surprise as the two have only been going out since the spring, though they've been living together for the last couple of months. They have known each other for several years, and met when Kato took a break from showbusiness to study in Paris in 2000. Wakatsuki was working on the Paris Collection at the time. Rock band Mr. Children finished up their first nationwide "dome tour" with a show last night at Tokyo Dome. They played to 45,000 fans, bringing the tour total to about 390,000. Vocalist Sakurai Kazutoshi (35), who battled with serious illness in 2003 that saw the band take a 6-month hiatus, said 2005 was the best year ever. Kabuki actor Onoe Matsusuke died of cancer at a Tokyo hospital on Monday. He was 59. A survey has shown that people are pretty evenly divided about whether national broadcaster NHK should take legal action against those who refuse to pay their license fee. The number of those refusing to pay has increased to over a million following a series of scandals involving NHK employees. December 28, 2005 Recent Headlines Noriko's Fashion Choice (December 28) All Eyes on Women Skaters (December 27) Ryoko Polishing Her Bridal Skills (December 26) Boyz of Summer? (December 24) More news available on our News page . (powered by Movable Type 3.15 ) Syndicate this site Content Picks Planning a trip to Japan? ROYALTY : With the marriage of Princess Sayako, the Imperial Family lost one of its members. 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Europe Travel - A European Vacation Travel Guide You are here: About > Travel > Europe for Visitors Travel Go Europe Essentials European Vacation Planning Map Europe Travel 101 - Before you Go European Distances The Best of Europe European Photo Gallery Articles & Resources Europe Travel Planning What to do In Europe Lodging - Hotels and More European Travel Maps Sex and Nudism Travel Photography Transportation Benelux Countries France Germany Austria Switzerland Greece Italy and Malta Travel Info Scandinavian Travel Spain and Portugal United Kingdom and Ireland Buyer's Guide Before You Buy Top Picks Italy Travel Guidebooks Europe Travel Guidebooks German Travel Guidebooks Product Reviews Forums Help FREE Newsletter Sign Up Now for the Europe for Visitors newsletter! See Online Courses Search Europe for Visitors From James Martin , Your Guide to Europe for Visitors . FREE Newsletter. Sign Up Now! Antwerp Pictures Antwerp is a fashion and diamond center for Belgium and the world, it has one of the most beautiful train stations in Europe, and it was home to artist Peter Paul Rubens in the 17th century. What's not to like about this Belgian port city? See what it's all about in our latest photo Gallery: Antwerp Pictures . More Antwerp Travel: Antwerp Travel Directory | Antwerp Lodging | Antwerp Museums Wednesday December 28, 2005 | permalink Like to Travel Well? Follow the CIA! I really should have paid attention when the CIA came recruiting at my college. Operatives really get to live it up when they travel, apparently. Imagine, the lucky seven of the "Surveillance Team" sent out to case the joint before kidnapping 39-year-old Muslim preacher Osama Moustafa Hassan Nasr, also known as Abu Omar, managed to spend "$39,995, not counting meals, parking and other services" for a week at Milan's Principe di Savoia ( check prices ), where a room goes for a mere $588 a night, according to Newsday . Once Abu Omar was behind bars in Cairo the CIA folks broke up and went their various ways, some to the renowned Grand Hotel Baglioni ( check prices ) in Florence , a few in cozy pairs to save the taxpayers money, no doubt. Travel Resources: Milan Profile | Florence Profile Tuesday December 27, 2005 | permalink Tapas from Cans? Ok, so you wander into one of Barcelona's most celebrated tapas bars thinking, "wow, I'm gonna down me some fine, fresh seafood this evening--non of that canned stuff like we get at home..." Well, Quimet and Quimet is one of Barcelona's best tapas bars, recommended by just about anyone. Joaquim Perez, owner of Quimet and Quimet, has been called Barcelona's culinary king of canned food. That's right, a tapas king devoted to high-quality goods preserved in metal. I had heard about the increasing interest in vintage sardines , whose flavors are said to increase in intensity and complexity with aging. But Mr. Perez has extended this idea of unlikely gourmet tinkering; he buys "fresh" Galician navajas (clams) from the cannery and sets them to aging for a year or two before serving them (plain) to his customers. And they love 'em. Maybe you should go and see what this canned gourmet thing is all about. There are worse places to spend time on a research expedition. More: Gastronomic Route: Barcelona, a tapas town? Travel Resources: Barcelona Guide | Barcelona Pictures Thursday December 22, 2005 | permalink North Holland: Noah's Ark Redux A pious north Holland businessman took out a 300 000 loan and turned his investment into a "faithful reconstruction of Noah's Ark in scaled down form on the basis of biblical texts," according to the Mail & Guardian . Spring is the expected launch date. No word on where the animals will come from. Travel Resources: North Holland Travel | Holland Map | Benelux Rail Passes Thursday December 22, 2005 | permalink Appreciate Long John Shivers? Head for the Alps I know I frequently extol the virtues of off season travel, but there's a whole bunch of adventurers willing to go the extra mile in their long johns to enjoy icier surroundings than I'd care to experience. Those would be the Ice Hotel People. Word from Vagablond is that "a new ice hotel is being constructed 7,000 feet up into the German Alps." HotelChatter says this ice hotel might well be part of the Iglu-Dorf chain, who specialize in things like Inuit igloos in Switzerland. Like it cold? Get you thrills in the Alps this winter. I'll toast your bravado at the hearth with a steaming hot toddy. Travel Resources: Germany map and Travel Essentials | Switzerland Map and Travel Essentials . Tuesday December 20, 2005 | permalink Europe Travel in the Off Season Why travel in the off season? Well, you know the reasons: fewer tourists, lower prices, and cooler temperatures, to name a few. But there's another reason for me, and that's the warm, slanting light that brings photos alive. See what I mean by taking a gander at: Liguria Pictures - Picture Gallery of Liguria in Autumn . And if you still want to see more pictures of Italy , try out Italy for Visitors Florence Pictures , taken in November. Travel Resources: Off Season Travel Tips | Italy Travel Map Sunday December 18, 2005 | permalink Travel Gifts Ok, you're thinkin' it's too late to post some ideas for gifts at this late date. Hey, you can chalk it up to sloth and indolence, but I don't start burdening my mind with thoughts about winter holidays in May like the rest of my family. The crunch starts now. So I've made up a list of recommended Travel Gifts . Of course, you could buy some of the stuff for yourself as well. Take a look. You've got language help, a deep, inside look at the Vatican, and more, not to mention that Tyrolean Boiled Wool Jacket like you've always wanted. More Stuff You Need: Top Travel Photography Gear Friday December 16, 2005 | permalink Joe Torre carries the Olympic Torch in Florence New York Yankee manager Joe Torre carried the Olympic torch 400 yards to the foot of the Ponte Vecchio in Florence yesterday as part of "American day" in the two-month Olympic torch relay. It was the first time he'd been to Italy in 20 years, despite the fact that his mother was born in the village of Patina near Naples. (Source: Indystar.com ) The torch Joe carried was designed by the folks at Pininfarina , who've banged out quite a few sexy Italian auto bodies in their time. The Olympic torch is designed to work in rain, snow and wind up to 74.56 miles per hour, not to mention temperatures from -4°F to +77°F. According to what I've heard, the torch suffered much less than Mr. Torre during the run. Travel Resources: Florence Travel Directory | Florence Pictures: Views from the Arno | Naples Travel Directory Photo above: Ponte Vecchio, Florence by Martha Bakerjian, Italy for Visitors ; click "read more" to see it larger. Read more... Thursday December 15, 2005 | permalink Sunny Valencia It's cold here in my corner of California, prime time to think of warmer climes. Valencia pops to mind. Host to the 2007 America's cup, the sunny Spanish port city has been spiffing itself up lately, and many travelers have remarked that Valencia seems to be passing Barcelona as Spain's city of tourist choice. What's not to like? The spring La Fallas festival is a not to be missed attraction (plan now if you're going), the City of Arts and Sciences holds 87 acres of fascinating art, science and architecture, and the Barrio del Carmen is chock full of music, restaurants and clubs. Find out more about Valence by taking a peek at our latest: Valencia Spain Travel Information - Valencia Profile , or peruse our Valencia Travel Directory . Wednesday December 14, 2005 | permalink Hey Santa! Take That! Scroogy Musings: So a couple guys in Germany get asked what they want for Christmas by Santa, who happens to be waiting for a train home. They've been out shopping all day, unsuccessfully one assumes, because the next thing you know they've latched on to Santa's sack and "beat him over the head with it, breaking his fingers as he tried to protect himself." ( Santa - Germany's new stress buster ) Santa on a train? in Germany? A bit early, isn't it? Has the Christmas spirit been so commercialized that the little people like us suffer with the stress of plunking down good cash for stuff we think people might like but probably won't? Where is the joy of it all? Everyone remembers the magical experience of visiting Santa in the mall when they were kids and the smile it brought to your face. Unfortunately over the last few years it seems the spirit of Christmas is slowly being lost due to many different reasons including political correctness, busier lifestyles and many more issues. Hold on a sec. Now I'm angrier than a red-nosed reindeer. Everyone doesn't remember. Some of us are way too old to conjure the disgraceful vision of mall Santas in their mothball costumes and fake beards. The statement above comes from Live From Lapland (dot com). For a bit less than 15 dollars they'll make a custom video staring Santa, who'll be talking to your kids using the words you put in his mouth via the web site's control panel. Their Santa evidently lives in a paneled room and wears mall Santa clothes and beardage. It's in the sample flick. He could be in Kansas. Still, where else you gonna get a five minute flick to your specs for $14.95? Travel Resources: Lapland (the real one) | Chrismas in Europe Tuesday December 13, 2005 | permalink Display Latest Headlines | | | Read Archives powered by Movable Type Advertisement Most Popular Europe Map - Distances Between Cities in Western Europe Europe's Best Nudist Beaches Europe Picture Galleries Italy Pictures Europe Travel 101 - Before You Travel to Europe for the Firs... 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