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Read the Digital Issue: Travel Weekly, June 29, 2009

ON THE COVER
The Incredible Shrinking Airline
Gone are the days of freewheeling growth built on unprofitable expansion designed to flood markets and capture market share.

Now, carriers are scrambling to see who can shrink the fastest as they discover that small is beautiful, and maybe even profitable.
By Michael Fabey

NEWS
6 Supporting the troops
Veterans Affairs has OK’d use of the Travel Institute’s TAP test for members’ job-training purposes

8 River ships for sale
The new attempt to sell the American Queen and Empress of the North raises old questions

10 Fearful of fee hike
An increase in Britain’s Air Passenger Duty fee could cripple Caribbean tourism

14 Buying spree
Republic Airways added two regional carriers to its stable last week

15 Shake-up at ACTE
President, two board members step down after NBTA merger talks end

21 A show of confidence
At Vacation.com confab, predictions of a return to pricing normalcy in 2010

30 Cruise industry suits up
Carnival chief warns Alaska it’s preparing for a legal fight over the state’s head tax

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