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Tag: joint venture

Is Air Arabia-Etihad joint budget airline set to fail from the onset?

Chief Assignment Editor Chief Assignment Editor- April 18, 2020 16:50

Etihad Airways and Air Arabia announced that they will not delay the launch of the joint venture low-cost carrier in Q2 2020, Such move can put the success of joint ... Read More

Le Méridien Hotels: European summer promotion

Dmytro Makarov Dmytro Makarov- June 13, 2019 20:47

Le Méridien is an upscale, international hotel brand with a European perspective, formerly headquartered in France and in the United Kingdom. The brand was acquired by US-based Starwood Hotels & ... Read More

SB Architects Unveils Seven New Hospitality Projects  in North America and Mexico

editor editor- June 4, 2019 01:37

Full-service global architecture firm, SB Architects, has been breaking ground in hotel, residential and mixed-use design for almost 60 years, and is delighted to announce seven new hospitality projects that ... Read More

No iPhone, no KFC, no Disneyland: Chinese firm bans workers from buying US goods, travel to USA

Chief Assignment Editor Chief Assignment Editor- May 23, 2019 17:30

As the US-China trade dispute gets uglier by the day some Chinese corporations seem intent to respond to Washington pressure by fair means or foul. The Jinggang Motor Vehicle Inspection ... Read More

Chinese CRRC exports Railway Vehicles for over 12 billion US Dollars

Juergen T Steinmetz Juergen T Steinmetz- May 23, 2019 07:31

For decades, Chinese rail giant CRRC Changchun Railway Vehicles has been working on the way to go global. With CRRC products already used in over 20 countries and regions, and ... Read More

Delta Air Lines to fly to Tokyo Haneda Airport from five U.S. cities

Chief Assignment Editor Chief Assignment Editor- May 17, 2019 00:45

Delta will be serving Tokyo’s preferred airport under a preliminary decision announced May 16 by the Department of Transportation, with new slot pairs for flights between Haneda Airport and Seattle, ... Read More

U.S. DOT approves United Airlines’ new service to Tokyo Haneda

Chief Assignment Editor Chief Assignment Editor- May 16, 2019 23:11

The U.S. Department of Transportation (DOT) today announced that United Airlines was tentatively granted a total of four daily nonstop flights to Tokyo Haneda Airport (HND). The slots will be ... Read More

Airbus announces senior leadership changes

Chief Assignment Editor Chief Assignment Editor- May 15, 2019 20:18

Airbus SE has appointed Antoine Bouvier, 59, Head of Strategy, Mergers & Acquisitions and Public Affairs, effective 1 June 2019. In this position, he will report to Guillaume Faury, Chief ... Read More

Tanzanian media mogul and philanthropist passes away

Apolinari Tairo - eTN Tanzania Apolinari Tairo - eTN Tanzania- May 2, 2019 19:55

Tanzanian billionaire, philanthropist and media mogul, Reginald Mengi, has passed away Wednesday night in Dubai, United Arab Emirates. Aged 75, Mengi was the leading local investor in media industry, owning ... Read More

Marriott to Open Ritz Carlton Bangkok

Andrew J. Wood - eTN Thailand Andrew J. Wood - eTN Thailand- April 30, 2019 04:10

Marriott International has signed an agreement for its first Ritz-Carlton hotel in Bangkok with the property owner, One Bangkok Co Ltd The joint venture between TCC Assets and Frasers Property ... Read More

Centel Announces all-times high and annual cash dividend

Juergen T Steinmetz Juergen T Steinmetz- April 25, 2019 08:15

Central Plaza Hotel Public Company Limited (“CENTEL”) (SET: CENTEL) today announced that the shareholders in their AGM 1/2562 have passed the resolution of an annual cash dividend on the company ... Read More

Avianca announces CEO retirement

Chief Assignment Editor Chief Assignment Editor- April 25, 2019 01:31

Avianca Holdings S.A. today announced that Hernán Rincón Lema has notified the Avianca Holdings Board of Directors that he plans to retire from the Company effective April 30, 2019 after ... Read More

Soap bars around the world get a new life from Red Lion Hotels

editor editor- April 22, 2019 23:43

Based on US market statistics, the combined hospitality segment produces close to 440 billion pounds of solid waste per year. A great amount of this waste is made up of ... Read More

Thomas Cook selling its travel business: Chinese investment fund interested

Alain St.Ange Alain St.Ange- April 22, 2019 22:01

Thomas Cook is the world’s oldest tour operator and was founded in Market Harborough in 1841 by businessman Thomas Cook. It started off with organized railway outings for members of ... Read More

Japan’s first domestic passenger plane since 1960s to challenge Boeing and Airbus

Chief Assignment Editor Chief Assignment Editor- April 19, 2019 00:20

Mitsubishi Aircraft Corporation, an aviation unit of Japanese industrial giant, is planning to start deliveries of Japan's first domestically-produced passenger plane since the 1960s as soon as next year. The ... Read More

Italian Exhibition Group returns to China to promote international tourism

Chief Assignment Editor Chief Assignment Editor- April 17, 2019 20:15

Italian Exhibition Group (IEG) is returning to China to promote international tourism business. The appointment is at the Shanghai World Travel Fair (SWTF), one of the major tourism industry expos ... Read More

China launches world’s first 5G smart hotel

editor editor- April 17, 2019 01:48

A strategic cooperation agreement was signed today to create the world's first 5G smart hotel in China by InterContinental Shenzhen, Shenzhen Telecom, and Huawei. By introducing the hotel industry’s first ... Read More

Viking and China Merchants Group to build cruise line for Chinese cruise market

Chief Assignment Editor Chief Assignment Editor- April 10, 2019 22:36

Viking Cruises and China Merchants Shekou, representing China Merchants Group, announced they have signed a memorandum of understanding to form a joint venture focused on building a cruise line with ... Read More

Korean Air and the Hanjin Group Chairman and founder of Skyteam died in Los Angeles

Juergen T Steinmetz Juergen T Steinmetz- April 8, 2019 06:16

Yang Ho Cho, 70, Chairman and CEO of Korean Air and the Hanjin Group, died peacefully April 7 in a Los Angeles hospital after a brief illness.  He was considered ... Read More

Boston-Logan Airport: New international routes

editor editor- April 2, 2019 02:42

The last 24 hours have brought 2 new international flights to Boston Logan International Airport, thanks to Delta joint venture partners KLM and Virgin Atlantic - setting the stage for ... Read More

Delta resumes flights from Venice to NY and Atlanta

Mario Masciullo - eTN Italy Mario Masciullo - eTN Italy- March 29, 2019 00:11

Beginning March 31 Delta Air Lines will resume summer flight services from Marco Polo airport in Venice, Italy, with connections to JFK International Airport in New York and Hartsfield-Jackson Atlanta ... Read More

Boeing announces trio of leadership moves

Chief Assignment Editor Chief Assignment Editor- March 20, 2019 19:30

Boeing today announced three leadership moves aimed at further strengthening the company's global presence and partnerships: - Marc Allen named senior vice president of Boeing and president of Embraer Partnership ... Read More

Dubai welcomes Premier Inn Al Jaddaf

Chief Assignment Editor Chief Assignment Editor- March 14, 2019 16:03

The Chairman and Chief Executive of Emirates Group, His Highness Sheikh Ahmed bin Saeed Al Maktoum, inaugurated Premier Inn Al Jaddaf, the seventh property of the brand within the UAE. ... Read More

WelcomHeritage opens new hotel in Rajasthan

Anil Mathur - eTN India Anil Mathur - eTN India- March 12, 2019 00:50

WelcomHeritage has opened Kalyan Bhawan, in the desert city of the Thar, Jaisalmer, in Rajasthan. It is a joint venture between the ITC and the Maharaja of Jodhpur, Gaj Singh. Kalyan ... Read More

WestJet launches inaugural flight between its Calgary hub and Atlanta

Chief Assignment Editor Chief Assignment Editor- March 4, 2019 18:05

WestJet gas become the only airline connecting Calgarians non-stop to Atlanta, Ga. with its inaugural flight between Calgary International Airport (YYC) and Hartsfield–Jackson Atlanta International Airport (ATL). Atlanta is the ... Read More

Boeing and Embraer partnership now approved

Juergen T Steinmetz Juergen T Steinmetz- February 26, 2019 14:05

The proposed strategic partnership between Boeing and Embraer was approved today by Embraer's shareholders during an Extraordinary General Shareholders' Meeting held at the company's headquarters in Brazil. At the special meeting, ... Read More

Miami’s historic Raleigh Hotel sold for $103 million

Chief Assignment Editor Chief Assignment Editor- February 25, 2019 19:05

The historic Raleigh Hotel property in Miami was purchased today by a joint venture between Deutsche Finance America, Bilgili Holding and SHVO. The partnership purchased the property for $103 million ... Read More

Delta proposes flights between Tokyo-Haneda airport and 5 new US cities

editor editor- February 22, 2019 00:01

Delta today filed an application with the U.S. Department of Transportation to launch daily daytime service between Tokyo-Haneda airport and Seattle, Detroit, Atlanta, and Portland, Ore., as well as twice-daily ... Read More

United Airlines to serve Tokyo Haneda Airport from six leading US hubs

Chief Assignment Editor Chief Assignment Editor- February 21, 2019 22:25

United Airlines announced today it has filed an application with the U.S. Department of Transportation (DOT) for a total of six daily nonstop flights to Tokyo Haneda Airport (HND) from ... Read More

Routehappy launches new codeshare UPAs with 5 Star Alliance airlines

editor editor- February 4, 2019 23:28

Routehappy by ATPCO, the industry standard for airline rich content, today announced the launch of new codeshare Universal Product Attributes (UPAs) on Travix-owned websites. Codeshare UPAs are now available for ... Read More

Briar Barn Inn officially debuts in historic Rowley

Chief Assignment Editor Chief Assignment Editor- January 24, 2019 20:08

Bramble Hospitality, the team behind Willowdale Estate, officially announced that sister property Briar Barn Inn is now open in historic Rowley, Massachusetts. Briar Barn Inn offers guests a distinctive farmhouse ... Read More

Ascott crosses 100,000 lodging units globally

Dmytro Makarov Dmytro Makarov- January 21, 2019 07:04

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), has secured contracts for another 26 properties with over 4,600 units across 18 cities and 11 countries. The new additions ... Read More

Myanmar-India Business Summit indicates tourism cooperation

Juergen T Steinmetz Juergen T Steinmetz- January 15, 2019 06:57

There are growing links between India and Myanmar in tourism. Visiting Consul General of India Mr Nandan Singh Bhaisora ppointed out the growing ties, trade and business links between the ... Read More

Dusit International to operate Myanmar’s first ASAI-branded hotel in Yangon

Chief Assignment Editor Chief Assignment Editor- January 11, 2019 18:06

Thailand's hotel and property development company, Dusit International, has signed a hotel management agreement with Rich Mandalay Group of Co.,Ltd. to operate ASAI Yankin, one of the first properties to ... Read More

Brazilian government approves Boeing-Embraer joint venture

Chief Assignment Editor Chief Assignment Editor- January 11, 2019 01:30

Embraer and Boeing have welcomed approval by Government of Brazil of the strategic partnership that will position both companies to accelerate growth in global aerospace markets. The government's approval comes ... Read More

Aviation hub in Nairobi or Addis Ababa? Kenya Airways is taken the initiative

Juergen T Steinmetz Juergen T Steinmetz- December 27, 2018 11:19

Competing with Addis Ababa, Nairobi wants to become a regional aviation hub in East Africa. This became clear when SkyTeam Member Kenya Airways is now competing with Star Alliance Member ... Read More