26 Mar 2014
TUI Travel share price climbs on upbeat trading update
"We wanted to come up with an algorithm to identify quiet spots without paying to sit in a lounge. In addition to that, when we land, we wanted the person who is picking us up to be kept up to date, allowing them to be at the exit on time and in the correct location. By creating something that automated this entire process, we allow the traveling experience to be much less stressful, and a better experience for all." As the winners, creators of Breeze each received a round-trip ticket on Emirates from Boston to Dubai. Second and third place winners received $750 and $500 cash prizes, respectively. The judging panel included Christina Warren , Mashable's senior tech analyst; Alex Mozdzanowska, director of research at Hopper (a Boston travel startup); Vinayak Ranade , former directer of engineering at KAYAK Mobile and Eric Ahlgren , senior associate at Bessemer Venture Partners .
For the original version including any supplementary images or video, visit http://mashable.com/2014/03/25/mashhacks-travel-recap/
Is Air Travel Too Safe?
In Malaysia, there are seven; in Kenya, 87more than 60 times the rate in the U.S., compared with about a fivefold gap in air safety. Given how often people drive, and how indispensable car travel is in most countries, the gap in developing countries road safety records is far more troubling than their air safety records are impressive. Sadly, this is not new news. Twenty years ago, a team of U.S. public health officials put together a collection of 500 life-saving interventions and their estimated cost per year of life saved . They estimated smoke detectors in airplane lavatories cost $30,000 per life-year saved and emergency signs $54,400 per life-year. Since then, the regulations have gotten more expensive: All planes must now carry automated external defibrillators (if they want to land in the U.S., at least), at a cost of almost $100,000 per life-year saved.
For the original version including any supplementary images or video, visit http://www.businessweek.com/articles/2014-03-24/is-air-travel-too-safe
H1 guidance restated The robust trading performance has given TUI Travel confidence that it would deliver first-half results comparable to last year and meet its target for annual profit growth. We remain on track to deliver an H1 result broadly in line with last year, excluding the timing of Easter, and are confident of achieving a full-year performance in line with our target of growing underlying operating profit by seven to 10 percent, Long stated. Comparative periods for airlines and travel companies are often skewed by the timing of Easter, one of the key trading periods for the sector. Easter fell during TUI Travel's fiscal first half in 2013, but this year falls in its second half. Its financial year runs From October 1 to September 30.
For the original version including any supplementary images or video, visit http://invezz.com/news/equities/9927-tui-travel-share-price-climbs-on-upbeat-trading-update