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vocheroThe seventh edition of Vallartazo Vochero begin on Saturday November 17 with a caravan along the waterfront, which will depart at 6:00 pm, the entrance of Marina Vallarta where the whale sculpture and depart the pier, Also on the 20th will have a full day of exposure in the API, from 8:00 am to 6:00 pm

In this regard, Alberto Soto, Volks Vallarta Club, said this is a group of friends with 16 years of existence that consists of people who have the same goal: "the love of cars Volkswagen line, vochos, safaris, combi and Jetta, to name a few and every weekend for live meet, exchange ideas and in turn, display our cars in different places in the city where we go. "

He stressed that for this exhibition is called all vocheros country clubs for their participation and in turn will have the opportunity to meet Puerto Vallarta, which is considered favorable to arrive destination whenever a large number of visitors who likewise represent an economic benefit to all sectors of the city.

Volks Vallarta Club is affiliated with the National Club of Mexico Vocheros AC. each club has to support these national events and visits involving the state or city where the organizing club.

In that context, he noted that despite the national crisis that crosses Mexico and that has affected everyone in general, with the participation and support of several clubs in the association, who have already confirmed their attendance.

There will be an exhibition and competition for all vehicles where the owners take pains to show the audience the general condition of their vehicles, "we must also emphasize that we are talking about old cars from the 50s to the latest edition, coming out in 2004, "hence the qualifying by reviewing self by self, performing difficult judges of the association and where all types classified in three categories, cars 100 percent original, modified and custom, which is a more personalized vehicle.

Those who obtain the highest score will be awarded with a recognition and a trophy created by the same members of the club, which recognizes their efforts and passion for car owners volkswagen line.

This will be on Sunday 18th, as the day before, on Saturday 17th, there will be a caravan entrance avenue up to the seawall, there will be a brief display and then go to the marine terminal, to make a welcome party.

During the exhibition are powers between the same vehicles in three categories which are: original, modified and custom, where the grade is the review of self by self.

[readon1 url="http://www.vallartaopina.net/index.php?mod=sec&cat=loc&ele=19196"]Source:www.vallartaopina.net - Translation by Suyapa Ajuria[/readon1]

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charloteThere are only 2 more shopping Saturdays this season as the market is closing on May 17th! So grab your eco-friendly bags and scoop up all your favorite “make it, bake it, grow it” products. From custom-made clothing to freshly baked breads and cookies, we’re doing it up right as we wrap up our 5th and most successful season.
Here are just some of this season’s highlights:

The Big Move – We kicked off Season #5 with a move to Vallarta's most notable town square, Lazaro Cárdenas Park. Not only did our shoppers enjoy the wide open spaces and proximity to the ocean, but our producer-only vendors were delighted by great increases in their sales. Congrats to all of the 80+ vendors!

The Young Entrepreneurs Program – This new program celebrates the entrepreneurial spirit of youths between 10 and 16 years of age. Our first program member – and the one to cut our opening day ribbon – is 12-year-old Mireya Amaral Uribe. She designs and sews her own clothing line – Poder de Niña/Girl Power – for girls and their 18-inch dolls. Joining Mireya as team support was her older brother Abraham. But it didn’t take long before he caught the spirit too. Seeing a niche in the market, Abraham began making and selling doll furniture. His company is Casa de Muñeca/The Doll House. (Both businesses are open year-round for custom orders.)

A Rockin’ Season – This season shoppers were “eatin’ to the beat” with lip-smackin’ international favorites and toe-tappin’ tunes from national and international musicians. And this Saturday, we’re doing it all over again.

Endless “Thanks” – So many people contributed to the success of this year’s OTFM-TC, and we want to say “gracias” to our vendors, volunteers and entertainers for their endless support. We’d also like to extend special thanks to the City of Puerto Vallarta, the Licensing Regimentos Tourism and Transito Department and the Emiliano Zapata neighborhood business association. We couldn’t have done it without you!

And don’t forget that Sunday is Mother’s Day, the day that we express our gratitude with “make it, bake it, grow it” goodness. Highlight your celebration with just-picked produce, elegant pastries, chic hobo bags, greeting cards, whiskey, well-being services and so much more.

Season 5 at the OTFM

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millionaires-mexicoMexico currently has a population of 145 billionaires and two thousand 540 multimillionaires, according to the investigation firm WealthInsight, dedicated to monitoring the wealthy people of the world.

In a report circulated this Tuesday, WealthInsight precised that such Mexicans have a wealth of 736 billion dollars, which is equal to 43 per cent of the total individual wealth of the country.

The investigation firm explained that the wealth and the number of millionaires and multimillionaires are known after a wide investigation that covered the wealth management market in Mexico thorough a period of five years.

The report is centered in the yield of the individuals of High Individual Net Value (HNWI), in between the ending of 2007 (the peak before the global financial crisis) and the ending of 2012.

A person is considered HNWI when an individual possesses financial assets -without including main residence- for more than a million dollars.

WealthInsight determined that, after revising the wealth and asset assignments that in the ending of 2012 existed in Mexico, there are 145 thousand people with high patrimony (HNWI) and two thousand 540 with very high patrimony (UHNWI).

The report outlined that Mexican millionaires surpass the average of the HNWI in the whole world during the analyzed period.

It pointed out that the HNWI Mexicans has increased in 32 per cent during the last five years, while the volume of people in the world who posses large patrimonies has reduced in 0.3 per cent.

By the ending of 2012, the Mexican millionaires had 21.9 per cent of their wealth (about 161 billion dollars) outside of the country, in comparison to the 23.2 per cent of 2007.

According to the report, the two thousand 540 multimillionaires in Mexico possessed by the ending of 2012 about 364 billion dollars of total combined wealth.

Among these multimillionaires, there are 16 people with more than a billion dollars, 252 individuals with more than 100 million dollars and two thousand 272 considered rich millionaires, having more than two million dollars.

Te Mexican capital is the city which has most millionaires and multimillionaires in Mexico, by being the home of a thousand 88 people possessing high patrimony, which represents 43 per cent of the total of the country.

There are also considerable UHNWI populations in Monterrey (208 very high patrimonies) and Guadalajara (129 very high patrimonies).

[readon1 url="http://www.prensaglobal.com/notas/48529.html"]Source:Prensaglobal.com Translated by Rene Tripp[/readon1]

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PeopleGettingOnBusThe current government of Jalisco which ends on February 28 next, rejected the possibility of re-promote or authorize a weight increase in the rate of urban buse in Jalisco.

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Puerto Vallarta Municipal governement is launching the “Looking for job program” using technology, to publish jobs offered by businesses with which they have signed an agreement.

“One of the things the Office of Economic Development is actually doing is, precisely, launching our program “Looking for Jobs”. People looking for jobs can log in to desarrolloeconomico.puertovallarta.gob.mx and attain information on vacancies which different companies offer, without having to go directly to our offices”, specified Alvaro Mora Maciel, chief of that department.

This program lets people know of all the vacancies available around the area and, by looking at a map, are able to locate where the jobs openings are, and access the data base from a computer. Currently there are about 150 available jobs; the site is being updated everyday.

When you log in to the site given above, you will see a tab for “busqueda de empleo” in that tab you will find “Sistema Municipal de Busqueda de Empleo” (Town System for Looking for Jobs), you will see a map and at the left you will see a tab where you will find a list of available jobs divided by types of work; underneath you will find the job application to be downloaded and taken to your place of interest. This system will help every one to visualize the job, learn who the contact person is, the requirements for the job and many a times, even the salary. Explained Mora Maciel.

This program is available to all companies willing to publish their job vacancies free of charge. There is a space in the web for companies to post all the information regarding the company and positions available; the Economic Development Office will then, inmediately publish the information via Gogle maps.

What this system does is to save peple the expenses that generates a visit to the Economic Development offices; however, those who do not have access to Internet or those that preffer doing it personally, can approach our offices at any time and there will be people ready to help. Affirmed Alvaro Mora.

“Those looking for jobs can come directly to our offices to enroll in a workshop where you can learn tips on how to present yourself at an interview, how to write a curriculum vitae, how to fill out a job appication and what to do and not to do when looking for a job. To this date the workshops are scheduled every Friday at 12:00 p.m.”


[readon1 url="index.php?option=com_sobipro&pid=1&sid=703:mar&Itemid=212"]Source:www.VallartaToday.com-by MAR Translation Services[/readon1]

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2012-rough-for-latin-american 590x395In 2011 Latin American stock exchanges fared worse than the S&P and the Dow Jones Industrial Average. Most analysts agree that 2012 will be a volatile year.
Getty Images

Last year was a turbulent one for stocks around the world. First, an earthquake in Japan led to anxiety and economic losses. Then, the Standard & Poor’s downgraded the U.S. credit rating. Next, Congress deadlocked over a debt ceiling discussion in Washington. And finally, the debt crisis intensified in the euro zone.

Yet the S&P 500, the main index of broad market performance, closed the year flat (technically, it fell 0,003 percent). The Dow Jones Industrial Average, one of the most closely watched benchmark indices, meanwhile, gained 5.5 percent in 2011.

In Latin America, though, most stock markets didn’t fare as well as Wall Street. While the region’s major economies continued to grow last year, their main stock indexes slid in 2011. Brazil’s Ibovespa declined 18 percent, while Mexico’s IPC fell almost 4 percent.

Investors in other Latin American countries also avoided stocks, which are considered risky assets. As the Colombian economy grew by 6 percent last year, its Colcap stock index ended 14 percent down. Argentina, Chile, and Peru’s stocks also finished the year lower.

Looking ahead, Latin America’s economy is forecasted to expand only by 3.7 percent in 2012, down from over 4 percent last year, according to the United Nations Economic Commission for Latin America and the Caribbean. Only Brazil - where a boost in investment is expected ahead of its hosting of the 2014 World Cup and the 2016 Olympics - is estimated to grow faster in 2012 than it did last year.

Also, the European crisis might begin to take a toll on Latin America, whose economies (and stocks) rely heavily on exports of commodities. Most economists think that the euro zone is heading into recession, which would put pressure on Latin America.

Still, the region is likely to outperform the developed world in 2012. And China - with its already robust economy expected to grow at 9 percent - will remain a large market for Latin American commodities.

While corporate profits are likely to push share prices higher, Europe hasen’t solved its currency crisis, Americans have no clue who their next president will be, and uncertainty still reigns in the Middle East, where the Arab Spring lives on.

Not surprisingly, most analysts agree 2012 is set to be a volatile year.

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After a decade of remarkable growth, the Brazilian economy stagnates

sao-paulo-brasil-619x348Brazil has been the star in the spotlight on the international stage over the past decade. Sustained economic growth above 5% it was placed as the sixth largest economy in the world.

Today, the South American country that became the benchmark for social policy to combat poverty under the charismatic leadership of Luiz Inacio Lula da Silva and the sweetness of success in the host won the World Cup in 2014 and the Games Olympics in 2016, presents indicators suggest a slowdown in its economy.

In recent months, Guido Mantega, Minister of Economy of the South American country, has repeatedly pointed out that the long-awaited return growth. However, the figures have denied: the Brazilian economy grew by 0.6% during the third quarter of this year, half of what Mantega predicted, while in the previous quarter growth was only 0.2%.

In its edition of December 8, the British publication The Economist even suggested to President Rousseff, in case you want to re-election, should dismiss Mantega as their optimistic projections have meant the loss of investor confidence.

Prices of export commodities drove the "boom" of the Brazilian economy have stopped rising, while investment has fallen. According to several experts, the so-called "Brazil cost" (derived from an overvalued currency, poor infrastructure, high cost of credit and a complex tax system, among other factors) makes this a very expensive country to do business.

Since 2008, the annual growth of the Brazilian economy has fallen from 4.5% to less than 2%. As noted by Ruchir Sharma in the latest issue of Foreign Affairs magazine this was a common phenomenon in the countries of the group of so-called "BRICs": Russia's growth has increased from 7% to 3.5%, the India of 9 % to 6%, while growth in China fell from double digits to less than 8% for the first time this century.

In its forecast for 2013, the IMF anticipates a rebound in economic growth in Brazil, supported by significant stimulus measures implemented recently.

Meanwhile, ECLAC states that Brazil will grow 4% in 2013, while growth in the region will be 3.8%.

The world will continue to monitor the fate of Brazil during the 2013. Will we hear the drums of the Latin American giant?

[readon1 url="http://noticierostelevisa.esmas.com/especiales/537176/la-samba-termino/"]Source:noticierostelevisa.esmas.com - Translation by Suyapa Ajuria[/readon1]

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acarrotToyota Motor Corp. said Wednesday it has reached a settlement worth more than $1 billion in a case involving hundreds of lawsuits over acceleration problems in its vehicles.

The company said in a statement that the deal will resolve cases involving motorists who said the value of their vehicles plummeted after a series of recalls by the Japanese automaker stemming from claims of sudden acceleration defects.

Lawyer Steve Berman, a plaintiffs' attorney, said the settlement is the largest settlement in U.S. history involving automobile defects.

"We kept fighting and fighting and we secured what we think was a good settlement given the risks of this litigation," Berman told The Associated Press.

The proposed deal was filed Wednesday and must receive the approval of U.S. District Judge James Selna, who was expected to review the settlement Friday.

Berman said the total value of the deal is between $1.2 billion and $1.4 billion. Toyota said it will take a one-time, $1.1 billion pre-tax charge against earnings to cover the estimated costs of the settlement.

The case was filed two years ago and divided into two categories: economic loss and wrongful death. Claims by people who seek compensation for injury and death due to sudden acceleration are not part of the settlement.

The first trial involving those suits is scheduled for February.

Cash payments to certain customers

As part of the economic loss settlement, Toyota said it will offer cash payments to eligible customers who sold vehicles or turned in leased vehicles between September 2009 and December 2010.

The company also will launch a program for 16 million current owners to provide supplemental warranty coverage for certain vehicle components, and it will retrofit about 3.2 million vehicles with a brake override system. An override system is designed to ensure a car will stop when the brakes are applied, even if the accelerator pedal is depressed.

The settlement would also establish additional driver education programs and fund new research into advanced safety technologies.

"In keeping with our core principles, we have structured this agreement in ways that work to put our customers first and demonstrate that they can count on Toyota to stand behind our vehicles," said Christopher Reynolds, Toyota vice president and general counsel.

Toyota has recalled more than 14 million vehicles worldwide due to acceleration problems in several models and brake defects with the Prius hybrid.

The company said plaintiffs' lawyers have been unable to prove that a design defect — namely its electronic throttle control system — was responsible for vehicles surging unexpectedly. Both the National Highway Traffic Safety Administration and NASA were unable to find any defects in Toyota's source code that could cause problems.

Toyota has blamed driver error, faulty floor mats and stuck accelerator pedals for the unintended acceleration.

Plaintiffs' attorneys have spent the past two years deposing Toyota employees, poring over thousands of documents and reviewing software code. The results of their efforts have not been made public.

"We are extraordinarily proud of how we were able to represent the interests of Toyota owners, and believe this settlement is both comprehensive in its scope and fair in compensation," Berman said.

[readon1 url="http://news.ca.msn.com/world/dollar1b-settlement-in-toyota-recall-case-1"]Source:news.ca.msn.com[/readon1]

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The official revenue published by the Riviera Nayarit Convention and Visitors Bureau Barometer for 2013 is $1,684,626,492.20 USD, only $200 million USD less than what was generated in 2008.

The Riviera Nayarit Convention and Visitors Bureau (CVB) Barometer published the official revenue for 2013, which came to a total of $1,684,626,492.20 USD.

This amount is the sum of all the expenditures made by visitors to San Blas, Compostela and Banderas Bay, including transportation, accommodations, food and beverage, entertainment and other tourism services.

These numbers reinforced the current tendency towards recovery, as it was noted the total annual revenue for 2008 was $200 million USD less than that generated in 2013.

Another relevant average was revealed by the Riviera Nayarit CVB Barometer was the average expenditure per person during their visit. Taking into consideration the fluctuation between the low and high seasons, on average the international visitor spends $19,379.10 Mexican pesos per visit, while the domestic visitor spends $6,676.02 pesos per visit.

The results regarding the Riviera Nayarit’s average annual room rates per day was established at $1,720.48 Mexican pesos.

The average rate for Banderas Bay was $2,036.32 pesos; Compostela’s average rate was $1,052.70 pesos; and San Blas came in at $560.28 pesos per day.

A study titled “Tourism in the Mexican Economy” emerged from the numbers and statistics emitted by official sources such as INEGI, IMSS, SECTUR and others. It states that thanks to the tourism industry, Nayarit has maintained itself above the national average in regards to an increase in Gross Domestic Product; the marginalization index was also reduced overall versus the national average.

This study indicated that on the domestic level tourism is the main job creator for women, since it was found 57.9% of employees in this branch were female.

With tourism as one of the principal economic activities in the state, these numbers reflect an increasing benefit for the citizens of Nayarit, one of the main objectives of the Riviera Nayarit CVB and the State Government.

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Solve the riddle, if you can....

What has ten legs and five wheels, tickles funny bones, makes toes tap, fingers snap and soothes the soul? Give up?—The multi-talented cast of "BeDazzled," that sellout show that captivated Vallarta audiences last season with its wonderful medley of songs and scenes from landmark Broadway productions. Reprised for five encore (Wednesday) performances November 14th through December 12th at Santa Barbara Theater.

This year's production includes new show-stopping songs from Phantom of the Opera, Dr Jekyll and Mr.
Hyde, and Dream Girls, in addition to the original array of melodies from landmark musicals such as Cats, Rent, Joseph and the Amazing Technicolor Dreamcoat, Chicago, Chess, Les Miserables, Aspects Of Love, and Annie Get Your Gun, to name a few. All totaled, this sparkling musical review delivers over two dozen memorable tunes from twelve timeless Broadway musicals.

With the combined lung power and extensive performance credits of five of Vallarta's finest singers, including Sharon Baughman-White, David White, PT Ringness (all three part of the original cast) and BeDazzled newcomers—Graciela Ringness and Cathy Overly, performances promise a night of non-stop, top notch entertainment. Tickets are just $350 pesos for both dinner and the two-hour show, available at the box office (351 Olas Altas) or on-line:

Oh, about the ¨5 wheels¨ mentioned in the opening question of this article... Just weeks before the show's debut, one of the ensemble members took a nasty spill while on vacation and broke an ankle. But, the show must go on! So with the help of a cane, some ingenious teamwork, and an office chair, (Get it? -¨five
wheels¨) Bedazzled will open as promised, bigger and better than ever. Don't miss this stellar show, a treat for all ages. For further information, call 223-2048.

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1hotel bedsBedsonline, the wholesaler tour-operator, brought its ninth consecutive annual FAM trip once again, making this year’s trip the first to include agencies from around the country.

From October 2nd through the 5th, a group of 100 domestic travel agents participated in several site inspections in the Riviera Nayarit and Puerto Vallarta as part of a FAM trip brought to the destinations by Bedsonline, which has been hosting it for nine consecutive years.

Bedsonline is on online wholesaler tour-operator for travel agents, and is considered the largest retail platform in Mexico with four thousand agencies to its name; the Riviera Nayarit is the destination that generates the most sales. The wholesaler is part of the worldwide TUI Travel PLC group.

This is the first time the travel agent FAM trip includes agents from other states, having been previously the jurisdiction of agents from the Bajío region. This time, the top-selling retailers from Puebla, Mexico City, Guadalajara, San Luis Potosí, Aguascalientes, Guanajuato, Monterrey, Tijuana and Querétaro were invited.

The inspections took place in Paradise Village, Rancho Banderas, Grupo Buenaventura and Grupo Velas Resorts; the group stayed at the Grupo Marival, Riu Jalisco and Paradise Village.

The VP of Velas Resorts, Juan Vela, noted that it’s always a good thing to keep agents updated in order to refresh their perspective on the region, but the most important point is to have a commercial partner such as Bedsonline, as it promotes on an international level.

He also added that this wholesale operator holds an event that includes all of Latin America, where it exhibits its product before more than 500 travel agents. Both the Riviera Nayarit and Puerto Vallarta have South America in their sights, so hosting the event will truly be right on target.

Vela acknowledged the keen interest in this market, which has shown an marked but gradual response as the area awaits the connectivity needed to spark the arrival of tourism from the southern cone.

He ended his speech by highlighting the importance of all the FAM trips that have taken place recently, something that has been accomplished thanks to the synergy of the different sectors.

NEW Riviera Nayarit Logo March 2013

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Jan 4, 2013

Did you hear about one man's bizarre way to avoid overweight luggage fees? Before his flight from China, he somehow managed to dress himself in just about everything he owned, including 60 shirts and 9 pairs of pants.

Not sure how he worked it out with his shoes, but it just goes to show that saving on airline fees is an international obsession.

Which brings me to my first air travel prediction for 2013. I've dragged out my crystal ball and here's what I see (and be sure to check out my last prediction -- it's something fun for all of us).

Fee Bundle Mania

It's not that airlines are raising fees; they'll actually lower some but you may wind up spending more. Confused? It's all about the bundling; airlines will package two or more fee-based services and discount the bundle. Maybe you only want one of the services but you may have to take the "bundle."

American did this last month with its Choice Essential and Choice Plus options (airlines love buzzwords like "choice"), which provide such options as early boarding and a free bag. Delta has something similar with its Lift and Ascend programs, which also began in December. Both can be great for frugal-minded business travelers who want some of the comforts of business class without the steep price tag, though I suspect the vast majority of vacation flyers will exercise their right to choose no fees at all.

 A Merger, Maybe

In early 2012, as American Airlines was just beginning its slog through bankruptcy, a merger seemed unlikely; AA sure as heck didn't want one. But times and circumstances change, and by summer a merger looked like a 50-50 proposition. I now think after American emerges from bankruptcy a union with US Airways is highly likely (let's say I'm nearly 70 percent sure it'll happen). If it does, watch for it to happen soon.

Higher Ticket Prices? Positively

No surprise here, really. For one thing, a merger means less competition, and as we all know, healthy competition is key to keeping prices down. In 2012 there were seven successful airfare hikes (one launched by Delta, the others divvied up between Southwest and United) and I expect to see at least as many this year.

Oil is one reason for more hikes; I don't expect the price of a barrel of oil to drop to levels where the airlines could lower prices; oil would have to be in the $70 to $75 range, down from its current $92. Plus it would have to stay in that range for about four to six months in order for airlines to really feel it in lower jet-fuel bills.

By the way, one reason airlines want to raise some ticket prices is that they're already dirt cheap. Skeptical? Consider that a winter flight to Europe goes for around $750 to $800 round-trip. About $450 of that cost is a fuel surcharge and another $150 or so is for government and airport taxes, so the cost of the airfare itself can be less than a hundred bucks each way!

Finally, there's the matter of demand for air travel. At larger airports it's been holding relatively steady and when people want to fly, there is no incentive to drop ticket prices. If you're looking for a silver lining, I suppose you could say the economy is on a better footing so more of us can afford higher ticket prices.

Smaller City Blues

This is a trend that'll continue: smaller cities will lose airline options as carriers continue a course of cutbacks and consolidation. Harrisburg, Pa., Sarasota, Fla. and White Plains, N.Y. found this out after losing AirTran service in the wake of its merger with Southwest. Watch for more flyers driving further to bigger airports for cheaper tickets.

More Airline Profits
Southwest Plane Veers Off NY Runway Watch Video
'The Hobbit' Joins Journey for Air Safety Watch Video
Dying Woman Humiliated During TSA Patdown Watch Video

I do expect more headlines proclaiming airline profitability, but to be fair, we've seen precious little of that over the past decade. A lot of airlines folded in the 2000s, and as I said, competition is good for our wallets -- not to mention that extinct airlines can't fly us anywhere.

Better Flying Experience

At this point you're probably thinking, "Hey, Rick, is there anything in your predictions for us?" and the answer is yes. This year several airlines will be welcoming new additions to their fleets and you too will welcome these sparkling planes because of the larger bin spaces, better lighting and, in a lot of cases, more comfortable seats. Entertainment-wise, you may not see more seatback screens but you just might see flight attendants passing out tablets for your viewing pleasure.

Best of all, these jets will be fresh and clean. There's nothing quite like that "new plane smell." Am I right?  

[readon1 url="http://abcnews.go.com/Travel/2013-air-travel-prediction/story?id=18132379#.UOhZV6ywX5Q"]Source:abcnews.go.com-By RICK SEANEY Jan 4, 2013[/readon1]