London, Aug 23 2010 (ANI): Looking to go for a holiday and wondering when's the right time to book your tickets to get the best deal?
You may now take a breather as a Japanese economist has come up with a formula that can get you the cheapest flight.
Experts have suggested that you are likely to get the best deal on your airline tickets if you book eight weeks in advance, reports the Daily Mail.
They have devised a mindboggling mathematical formula -A =gUG + min(k - g, (1 - g)(1 - r))- that can make your holiday cheaper.
But although the formula from Makoto Watanabe and Marc Moller will be invaluable to holidaymakers, it's not an ultimate answer to our uncertainty.
The formula has been published in the latest edition of The Economic Journal. (ANI)
Get Cheapest Holiday Flights
World's Most Dangerous Airport - Toncontin International Airport
World's Most Dangerous Airport
The name of the airport is Toncontin International Airport in Tegucigalpa, Honduras.
Plane Crashes in Denali National Park in Alaska
ANCHORAGE, Alaska — A large cargo-type plane crashed in Alaska on Sunday and burst into a deadly fireball that sparked a forest fire at Denali National Park, officials said.
Park spokeswoman Kris Fister said there are fatalities, but it's unclear how many because "the plane pretty much disintegrated."
The fire was challenging responders, who did not immediately know who owns the multiengine aircraft. The plane went down near the park's eastern edge at 3:15 p.m., about 100 yards of the only major road in the park.
No missing planes were immediately reported and military officials have said none of their planes were involved.
Clint Johnson with the National Transportation Safety Board said there are a number of large transport planes operating in Alaska. The NTSB was expected to arrive on scene Monday morning.
George Clare, of Las Vegas, said he saw the plane flying very low and slowly while he was walking toward the visitor's center near the park entrance. He thought the plane was going to land on a local airstrip, so he proceeded to the visitor's center. Within minutes, people came running in and saying a plane had crashed.
He said the crash caused a column of smoke a few miles west of the visitor's center.
Clare said the aircraft looked like a military plane to him.
"It was a military khaki green kind of color," he said. "It was propellor-driven. It was a fixed wing aircraft and it had kind of a flat underbelly."
Doug Stockdale with the Alaska Fire Service said the fire was initially estimated at two square acres but could have grown larger. Smokejumper fire crews were flown to the scene, he said.
The crash happened just four days after a military cargo plane crashed at Elmendorf Air Force Base in Anchorage, killing four people onboard.
The victims were Maj. Michael Freyholtz, 34, of Hines, Minn.; Maj. Aaron Malone, 36, of Anchorage; Capt. Jeffrey Hill, 31, of York, Pa., and Master Sgt. Thomas Cicardo, 47, of Anchorage. Cicardo was posthumously promoted to senior master sergeant Friday.
The four airmen were on a training mission Wednesday evening for a weekend air show at the Air Force base, which wrapped up Sunday. The C-17 crashed about a minute after taking off.
Malaysia Airlines Hire Cabin Crew from Frankfinn
Malaysia Airlines will recruit cabin crew for its international operations from Frankfinn Institute of Air Hostess Training in India.
'The selected candidates will join the airline's cabin crew team and will be based in Kuala Lumpur, Malaysia,' the institute said a statement here, but did not specify how many will be hired this year.
With about 100 training centres across the country and overseas, the institute trains air-hostesses and flight stewards for global airlines.
'A number of international airlines conduct campus interviews to recruit air-hostesses and flight stewards at our institute,' the statement noted.
The institute awards BTEC (Business & Technology Education Council) higher national certificate, a vocational qualification by Edexcel of Pearson in Britain.
BTEC is a level five qualification in the British education system, which is recognised in 110 countries worldwide, including Australia, Britain, Canada and the U.S.
IATA says European Airline Profits will be Worst hit this Year
Following a massive economic downturn from late 2008 to 2010, an ash cloud that crippled air travel across Europe and a generally depressed travel market, airlines around the world are finally getting some good news, the IATA expects they’ll make a profit this year.
ort Association said Friday it was expecting global airlines to report a $2.5 billion profit for 2010, which is a huge improvement over a few months ago when it said the world’s airlines were likely to see a $2.5 billion loss.