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Tag: consolidation

Fraport traffic figures – May 2019: Frankfurt Airport reports solid growth

Dmytro Makarov Dmytro Makarov- June 14, 2019 05:45

Frankfurt Airport (FRA) welcomed 6.2 million passengers in May 2019, an increase of 1.4 percent year-on-year. The growth rate would have been one percentage point higher, if FRA had not ... Read More

American travelers reduce budgets, still spend more than Europeans

Chief Assignment Editor Chief Assignment Editor- June 4, 2019 17:34

The results of GGA 19th annual Holiday Barometer were released today. This year’s barometer found that the number of Americans who indicated that they would be taking vacation this summer ... Read More

IATA forecast for global aviation in 2019 is not so good for reasons listed

Juergen T Steinmetz Juergen T Steinmetz- June 2, 2019 02:30

The International Air Transport Association (IATA) announced a downgrade of its 2019 outlook for the global air transport industry to a $28 billion profit (from $35.5 billion forecasts in December ... Read More

Dubai to host second edition of World Tolerance Summit

Chief Assignment Editor Chief Assignment Editor- May 27, 2019 16:15

Under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the International Institute for Tolerance in Dubai ... Read More

Sudan Tourism Industry: ATB President St. Ange wants Africa to stand by Sudan

Juergen T Steinmetz Juergen T Steinmetz- April 23, 2019 21:48

People in Sudan are tasting freedom for the first time. It will be impossible to go back and tourism is a way to eventually rebuild the confidence and economy of ... Read More

Sarovar signs on new hotel in Indore

editor editor- April 12, 2019 00:20

Sarovar Hotels & Resorts announced the signing of a new hotel in the most populous and largest city of Madhya Pradesh, India - Indore. The group has signed Sarovar Portico ... Read More

Travel Leaders Network embarks upon major international expansion

Chief Assignment Editor Chief Assignment Editor- April 10, 2019 22:25

Travel Leaders Network, North America's largest travel agency organization, in partnership with sister company Travel Leaders Corporate, has embarked upon a large-scale international expansion program to expand opportunities and provide ... Read More

Egypt Tourism Minister: Tourism is key to rapprochement and peace

Chief Assignment Editor Chief Assignment Editor- April 10, 2019 22:15

Egyptian Tourism Minister Rania al-Mashat and winner of IIPT Award said that Tourism and travel are the key to peaceful borders, cultural exchanges, bridge-building, communication, rapprochement and peace, especially in ... Read More

What is the discussion at the UNWTO / ICAO Ministerial Conference on Tourism and Air Transport?

Juergen T Steinmetz Juergen T Steinmetz- March 28, 2019 06:47

A Panel discussion is ongoing and a packed program are planned today for delegates in Sai Island, Cabo Verde attending the First UNWTO/ ICAO Ministerial Conference Tourism and Air Transport. ... Read More

FlyersRights asking DOT to regulate airline change fees

editor editor- March 23, 2019 00:35

When Congress deregulated airline prices, routes, and schedules in 1978, Congress preserved the DOT’s responsibility to ensure that international prices and fees remained “reasonable.” This little-known provision of U.S. law ... Read More

Iberostar announces 7 new hotel openings in 2019

editor editor- January 31, 2019 02:07

Last year proved crucial in the consolidation of Iberostar’s positioning strategy, with the hotel chain making major progress in this area. Iberostar Group’s turnover for 2018 surpassed 3 billion dollars, ... Read More

Milan Malpensa Airport: Record-breaking 2018 traffic

Chief Assignment Editor Chief Assignment Editor- January 25, 2019 23:05

The history books have been rewritten as SEA’s Milan Malpensa Airport (MXP) confirmed the continuation of its positive traffic growth, with 24.6 million passengers being handled in 2018, seeing the ... Read More

UNWTO: International tourist arrivals reach 1.4 billion two years ahead of forecasts

Chief Assignment Editor Chief Assignment Editor- January 21, 2019 17:25

International tourist arrivals grew 6% in 2018, totalling 1.4 billion according to the latest UNWTO World Tourism Barometer. UNWTO’s long term forecast issued in 2010 indicated the 1.4 billion mark ... Read More

Hotel industry: Saying goodbye to 2018, ready for strong 2019

Chief Assignment Editor Chief Assignment Editor- December 10, 2018 07:30

With the year coming to an end, Hotelbeds has prepared some testimonials about 2018, with insights about how the year has been for the hotel industry and forecast for 2019. ... Read More

H.I.S. reports full year results

editor editor- December 9, 2016 21:20

H.I.S. Co., Ltd., a leading travel and airline ticket agency, has announced results for the full year ended October 31, 2016. Read More

UK events industry: British Airways has never been the best friend

editor editor- September 7, 2010 04:39

Events industry figures have shared price increase fears after British Airways chief executive Willie Walsh revealed hopes for further consolidation. Read More

SkyWest to pay $133M for ExpressJet in latest airline merger

editor editor- August 5, 2010 01:23

The consolidation of the U.S. airline industry continued Wednesday as two of the largest regional carriers announced plans to combine. Read More

Virgin Atlantic, Qantas join the club, open to merger proposals

editor editor- June 8, 2010 07:12

Qantas Airways Ltd. and Virgin Atlantic Airways Ltd. said they’re open to merger proposals as efforts to cut costs and boost traffic push carriers to combine. Read More

Airline consolidations – who will US Airways pick?

editor editor- May 24, 2010 04:44

US Airways chief executive officer Doug Parker favors more consolidation among airlines and has said his Arizona-based company wants to be part of either a merger or a strategic partnership ... Read More

ALPA president: Consolidation in US airline industry inevitable

editor editor- February 25, 2010 04:52

Consolidation in the U.S. airline industry is "inevitable," the president of the Air Line Pilots Association union said on Wednesday. Read More

New cruise industry consolidations a possibility

editor editor- December 23, 2008 02:42

There are signs that the recession is taking its toll on cruise operators, and in fact bookings are looking bleak enough to have some industry analysts on Wall Street speculating ... Read More

Virgin Atlantic boss Branson warns of more consolidation in airline industry

editor editor- May 20, 2008 04:07

According to Sir Richard Branson casualties of rising fuel prices could increase in the airline industry. The Virgin Atlantic boss warned that rising costs could offset earnings, forcing small companies ... Read More

Giovanni Bisignani: “The United States is in an urgent state”

editor editor- April 21, 2008 06:45

GENEVA - The global airline industry is fragmented and suffers from over-capacity, the head of the industry association IATA said on Saturday, urging speedy approval of a proposed takeover of ... Read More

What China can learn from U.S. airline consolidation

editor editor- February 19, 2008 04:54

The normally astute (and often erudite) BusinessWeek falters a tad in analyzing the value of the coming wave of airline mergers in the United States. Read More

Airline execs eye consolidation

editor editor- January 27, 2008 11:06

PHOENIX — As U.S. airlines pressure each other with low fares, executives are keeping an eye on consolidation efforts as the one sure way to squeeze profits out of an ... Read More