*JATA survey shows bright prospect for the travel market this summer

Japan Association of Travel Agents (JATA) reported on June 28 that both of the overseas and domestic travel markets enjoyed higher DI (Diffusion Index) than originally expected in its latest travel market trends survey. Also, the survey finds that higher DI will be expected this summer from July to September mainly because of favorable recovery of the Japanese economy.

This Week Headline
*JATA survey shows bright prospect for the travel market this summer
*The market scale of B to C accommodation and travel reached 359.5 billion yen
*Japanese departures resulted in the highest monthly record in May
*JAL PAK gave up resumption of dividend due to operating loss for FY2005
*UAL and COA follow NWA and AAL to cut commissions to travel agents
*Narita enjoyed 4% increase of passengers for May
*Kansai resulted in 4% growth of passengers for May
*JAL Ways suffered from 98.6% reduction of net profit
*ANA to introduce LOSA for the firsttime in Japan