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BETHESDA, Md.- The takeover of the EDITION Hotel Waikiki early Sunday morning by the hotel's owner and affiliated partners was illegal and a blatant violation of Marriott's contractual agreement with
Chilean airline LAN's takeover of Brazil's TAM could be completed by the end of this year, chief operating officer Ignacio Cueto said.
Some of the United Kingdom’s most high-profile travel and tourism brands could be purchased by wealthy Middle Eastern businessman, predicts the WTM Global Trends Report today (Monday 8 November).
LUXEMBOURG - Irish low-cost airline Ryanair Holdings PLC Tuesday lost its court battle with the European Commission over whether it can take over rival Aer Lingus Group PLC.
The German Federal Cartel Office has decided that Air Berlin will be allowed to take over the city flights network of the Hapag-Lloyd Fluggesellschaft mbH (TUIfly) airline, starting with the 2009/10 w
The European Commission (EC) approved today the takeover of Austrian Airlines by Deutsche Lufthansa AG of Germany after Lufthansa promised a set of remedies to remove the EC's competition concerns.
China Eastern Airlines Corp., releasing details of its agreed takeover of Shanghai Airlines Co., offered about 9 billion yuan ($1.3 billion) as it seeks to dominate air travel in the nation’s financ
European Union regulators charged Friday that Lufthansa AG has not done enough to allay antitrust concerns over its bid for Austrian Airlines, and they are now unlikely to approve it by the end of the
FRANKFURT - Deutsche Lufthansa AG said Wednesday the European Commission will start an in-depth anti-trust probe into Lufthansa's planned takeover of Austrian flag carrier Austrian Airlines AG.
In a hotel conference room in Tokyo, the heads of some of the world’s biggest airlines - Lufthansa, United, All Nippon and SAS - were discussing their biggest headache.
The Alitalia takeover bid by French airline Air France-KLM broke down and the Italian company are now holding an emergency board meeting.Alitalia chairman Maurizio Prato has resigned after the talks between Alitalia's unions and Air France-KLM management fell apart.
Italian riot police and several hundred Alitalia Airline maintenance employees have clashed in Rome as workers protested job losses threatened by the Airline's pending sale to Air France-KLM.
ROME — The board of Alitalia after a marathon meeting approved early Sunday a formal takeover offer put forward by Air France-KLM, placing a very low value on the struggling Italian flag carrier.The operation is seen as critical to the troubled Italian airline's survival and a key first issue for the new government in Rome to be elected next month.