Tag: stake
Accor hospitality group: Significant growth in North & Central America
Chief Assignment Editor- June 11, 2019 21:53Global hospitality group Accor continues to present record growth figures in North & Central America, a key region for the Group’s global development strategy. Accor’s North & Central America portfolio ... Read More
Fraport AGM: Well Positioned for the Future, Nationally and Internationally
Juergen T Steinmetz- May 28, 2019 08:01Fraport AG's executive board chairman, Dr. Stefan Schulte, struck a positive note at the company's Annual General Meeting (AGM) today: "We can look back on a very successful 2018. Supported ... Read More
Maritime security the Seychelles way
Alain St.Ange- May 25, 2019 02:42Africa’s smallest nation is setting a standard for safe sustainable seas through the prosecution of pirates, international maritime cooperation, and proactive measures to protect its exclusive economic zone. As the ... Read More
Fraport Raises Stake in Lima Airport to 80 Percent
Juergen T Steinmetz- May 24, 2019 09:10Fraport AG has purchased a further 10-percent stake in Lima Airport Partners S.R.L. (LAP) – operator consortium of Jorge Chavez International Airport Lima – from AC Capitales’ Infrastructure Fund, which ... Read More
African Tourism Board appoints UNWTO leader Cuthbert Ncube: Repackaging Tourism in Africa
Juergen T Steinmetz- April 28, 2019 21:11Cuthbert Ncube, the World Tourism Organisation (UNWTO) regional vice-president was appointed today as the Vice President of the African Tourism Board Mr. Ncube is based in Pretoria, South Africa. In ... Read More
Accor leverages expanded brand portfolio to accelerate Africa development plans
Chief Assignment Editor- April 25, 2019 17:59Accor is fast-tracking its development plans in Africa, leveraging its expanded portfolio to consolidate its leadership position in North and West Africa, and achieve rapid growth in Sub Saharan and ... Read More
India: Jet Airways’ demise leads to spike in airfares, massive hotel cancellations
Chief Assignment Editor- April 19, 2019 22:45The abrupt shutdown of Jet Airways operations has left Indian tourism industry a worried lot as it has led to an average 25 percent spike in airfares across the sectors ... Read More
Qatar Airways: Investment in Air Italy fully compliant with US-Qatar Open Skies Agreement
Chief Assignment Editor- April 11, 2019 15:45Following recent false accusations relating to Qatar Airways’ shareholding in Air Italy, such baseless statements and consistent inaccuracies need addressing as a matter of urgency. Qatar Airways holds a 49 ... Read More
South East Asia Hotel Investors’ Summit returns to Westin Grande Sukhumvit, Bangkok
Chief Assignment Editor- April 11, 2019 15:16The South East Asia Hotel Investors’ Summit returns for its third edition in May and will again feature top executives from both hotel owning groups and management companies and a ... Read More
Jet Airways leader gives in to pressure to quit
Anil Mathur - eTN India- March 25, 2019 21:35In a major, although not unexpected development, Jet Airways founder and chairman, Naresh Goyal, and his wife, Anita, have resigned from the board. The pioneer aviation leader, who founded the ... Read More
Boeing announces trio of leadership moves
Chief Assignment Editor- March 20, 2019 19:30Boeing 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
“Plan For Our Kids” and “African Earth Lung” to launch at WTM Africa
editor- March 19, 2019 21:21eTN Publisher Juergen Steinmetz talks to Professor Geoffrey Lipman Co-Founder of SUNx - STRONG Universal Network, about the development of “Plan For Our Kids” and the signature “African Earth Lung” ... Read More
Fraport 2018 Fiscal Year: Revenue and Earnings Increase Significantly
Juergen T Steinmetz- March 19, 2019 08:10Boards propose dividend increase to EUR2 - Outlook remains positive In the 2018 fiscal year (ending December 31), Fraport AG continued on its growth path, achieving new records in revenue ... Read More
Boeing’s reputation, billions of dollars at stake as 737 MAX 8 investigation launched
Chief Assignment Editor- March 12, 2019 15:40Boeing 737 Max 8 jet operated by Ethiopian Airlines crashed six minutes after take-off on Sunday en route from Addis Ababa to Nairobi, killing all 157 people on board. The ... Read More
Why President Trump loves Boeing Max 8 and why grounding may not be an option?
Juergen T Steinmetz- March 11, 2019 10:54The management at Boeing Headquarter is waking up to a week that will bring great challenges and a PR a nightmare that is already unfolding big times. So far the ... Read More
President Trump loves Boeing Max 8: Vietjet means America First but Ethiopian Airline and China show leadership
Juergen T Steinmetz- March 11, 2019 10:40The management at Boeing Headquarter is waking up to a week that will bring great challenges and a PR a nightmare that is already unfolding big times. So far the ... Read More
‘Huge loss’: New York City’s iconic tourist landmark to be sold for $150 million
Chief Assignment Editor- March 9, 2019 19:15Once the tallest building in the world, New York’s landmark Chrysler Building will be sold for a fraction of the price it was purchased for, according to media reports citing ... Read More
‘Unnecessary and potentially damaging’: TSA union opposes Atlanta Airport legislation
Chief Assignment Editor- March 9, 2019 00:20Yesterday, over the opposition of the Atlanta City Council, Atlanta community groups, and the nation's largest federal employee union, the Georgia State Senate voted to pass SB 131 – the ... Read More
Eccelsa Aviation ensures travelers arrive in Costa Smeralda in style
Chief Assignment Editor- March 6, 2019 20:10Stretching along the exquisite Sardinian coastline, Costa Smeralda has long been known as one of the world’s most popular tourist hotspots. Now, thanks to Eccelsa Aviation, it has been transformed ... Read More
Boeing and Embraer partnership now approved
Juergen T Steinmetz- February 26, 2019 14:05The 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
All Nippon Airways takes stake in Philippine Airlines
Chief Assignment Editor- February 23, 2019 18:20Philippine Airlines (PAL) is planning further rapid expansion of its international operation over the next few months as it launches services to Hanoi, New Delhi and Phnom Penh and adds ... Read More
RIU Hotels & Resorts and TUI: A safety concern for German travelers?
Juergen T Steinmetz- February 19, 2019 22:09RIU Hotels & Resorts just bought 10 million Euros in the form of 1.1 million shares in TUI AG, holding now a stake of 3.56%. TUI Group is headquartered in ... Read More
RIU Hotels & Resorts increases stake in TUI Group
Chief Assignment Editor- February 19, 2019 15:25The hotel chain RIU Hotels & Resorts has just completed the purchase of a block of 1,100,000 shares in TUI AG for a price of 10,359,830 euros, increasing its stake ... Read More
East African regional airlines battle to take over the African skies
Apolinari Tairo - eTN Tanzania- January 19, 2019 06:21East African regional airlines are now fighting a winning and losing battle over the African skies which Kenya Airways, Ethiopian Airlines and South African Airways have been commanding for decades ... Read More
Brazilian government approves Boeing-Embraer joint venture
Chief Assignment Editor- January 11, 2019 01:30Embraer 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
Italian Air Traffic Control strike will affect thousands of passengers
Chief Assignment Editor- January 10, 2019 19:332019 is already off to a bad start for travelers with The first national ATC strike taking place in Italy tomorrow afternoon is heralding a bad start of 2019 for ... Read More
London Gatwick Airport Sold for 2.9 Billion British Pounds
Juergen T Steinmetz- December 27, 2018 08:49The second largest airport in the United Kingdom, London Gatwick Airport has been sold to France’s Vinci for £2.9 billion. Under the terms of the deal, a consortium led by ... Read More
Ghanaian Tourism Ambassador: Sex is a tourism booster
Chief Assignment Editor- December 27, 2018 00:30Ghanaian radio and TV presenter, Abeiku Aggrey Santana, who in 2016 was announced as a Tourism Ambassador for Ghana, has stressed the need to encourage and promote sex as a ... Read More
Air Austral announces new flights from Reunion to Madagascar
Alain St.Ange- December 10, 2018 17:03The partnership between Reunion’s home airline Air Austral – a French registered airline – and Air Madagascar has been filled with yet more life Read More
Seven hotels and resorts in Seychelles honored at Annual World Luxury Hotel Awards Gala Ceremony
editor- December 10, 2018 14:03Once again, the Seychellois hospitality is fêted as seven establishments in Seychelles have been recognized for their excellence in the tourism industry at the Annual World Luxury Hotel Awards Gala ... Read More
8 BBQ teams to throw down at 2nd Guam BBQ Block Party
editor- July 4, 2014 05:58TUMON, Guam - The Guam Visitors Bureau (GVB) announces that 8 local and international teams have been selected to compete during the 2nd Annual Pleasure Island Guam BBQ Block Party ... Read More
International chefs & local grillmasters to throw down at Guam BBQ Block Party
editor- June 27, 2014 09:37TUMON, Guam - On July 5, visiting chefs from Russia and South Korea will compete against local BBQ teams in Guam for the Champion Grillmaster title at the second annual ... Read More
Gulf carriers eye investing in Indian airlines
editor- April 23, 2012 08:07Rapidly-expanding Gulf airlines could invest in Indian carriers such as SpiceJet and Kingfisher Airlines, as the government in Delhi considers easing restrictions on stake-building by foreigners in lo Read More
Foreign airlines to take stakes in Indian carriers
editor- April 11, 2012 04:14NEW DELHI, India - After 16 years, the government is set to again allow foreign airlines to take stakes in Indian carriers later this week. Read More
Village fiesta introduces visitors into the homes of local Guam families
editor- December 28, 2011 07:27The Guam Island Fiesta Tour (GIFT) introduces visi¬tors into the homes of local families for village fiesta celebrations. Read More
Mercury Air Group acquires 50 percent stake in Trans Asia Charters
editor- September 10, 2011 05:24LOS ANGELES -- Mercury Air Group, Inc., a worldwide aviation services company specializing in jet fuel, air cargo and U.S. Read More
