Port of New Orleans still plans third cruise ship terminal

Port of New Orleans still plans third cruise ship terminal
The decision by Carnival Corp. to delay indefinitely the arrival of its 2,758-passenger Triumph vessel to the Port of New Orleans will not affect plans to erect the city’s third cruise ship terminal, the port’s head says.But with fewer cars using the port’s new garage, the state agency is bracing for a blow to its bottom line, port president Gary LaGrange said. (Vancouver Sun)

FBI searches U.S. HQ of Japanese airline
FBI agents raided the U.S. headquarters of Japan’s All Nippon Airways on Thursday, authorities said. Agents executed a federal search warrant at ANA’s North American customer relations and services office in Torrance early Thursday morning, said FBI spokeswoman Laura Eimiller. She declined to say why the office was under investigation because the search warrant was under seal. (Forbes)

Cuban tourism industry continues decline
Relatively high prices, a warm winter in Europe and the sale of a Spanish tour company to a U.S. competitor is hurting Cuba’s tourist trade this year after a 3.6% decline in 2006, travel industry sources said Wednesday. Cuba’s economy relies heavily on tourism for foreign currency earnings that totaled $2.4 billion in 2006. (USA Today)

Hertz posts quarterly profit On cost-cutting, higher rentals
Hertz Global on Monday posted a quarterly profit helped by cost savings and solid performance in its car and equipment rental units. Operating expenses were cut by more than two percentage points of revenue compared with the year-ago quarter, even as advertising spending increased, Chief Executive Mark Frissora said in a statement.The rental-car operator said net income for the fourth quarter was $39.8 million, or 14 cents a share, compared with a loss of $27.6 million, or 12 cents a share, in the year-ago quarter. On an adjusted basis, income for the quarter rose to $81.7 million, or 25 cents a share, from (CNBC)

US Airways shares millions with workers
US Airways Group Inc. on Wednesday will distribute $58.7 million in 2006 profit to more than 35,000 of its employees, furloughees and retirees. US Airways, which is the product of a 2005 merger between US Airways and America West, sets aside 10 percent of its annual pretax profit, excluding special items, for its profit-sharing program. (AOL Money)

Security ’surge’ ends at Orlando airport
The three-day security “surge” at Orlando International Airport ends on Thursday, meaning that many of the 800 Transportation Security Administration workers used to screen all 16,000 airport employees will be pulled out. Airport officials told Local 6 News that they will pick up the slack and continue to screen all the workers but didn’t say how that would be accomplished. (Internet Broadcasting Systems, Local6.com)


Carrie Charney, Christopher Elliott, John Frenaye, Charles Leocha, Marge Purnell, Valerie Schneider, Mary Staley, Stephanus Surjaputra, Richard Wong.

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