Tag: transaction

48 million Americans would skip a credit card payment over a vacation

48 million Americans would skip a credit card payment over a vacation

Chief Assignment Editor Chief Assignment Editor- May 15, 2019 20:20 0

48 million Americans say they would skip a credit card payment before they’d skip a vacation, according a new survey published today. Survey Key Findings: ... Read More

WestJet Airlines to be acquired by Onex

WestJet Airlines to be acquired by Onex

Chief Assignment Editor Chief Assignment Editor- May 13, 2019 23:56 0

WestJet Airlines Ltd. announced today it has entered into a definitive agreement that provides for its acquisition in an all-cash transaction. Under the terms of ... Read More

Washington’s new short-term rental law to ‘even playing field for local hotels’

Washington’s new short-term rental law to ‘even playing field for local hotels’

Chief Assignment Editor Chief Assignment Editor- May 10, 2019 18:50 1

Washington Governor Jay Inslee signed Substitute House Bill 1798, concerning short-term rentals, into law. This bill was a top priority for the Washington Hospitality Association ... Read More

Qatar Airways: Investment in Air Italy fully compliant with US-Qatar Open Skies Agreement

Qatar Airways: Investment in Air Italy fully compliant with US-Qatar Open Skies Agreement

Chief Assignment Editor Chief Assignment Editor- April 11, 2019 15:45 0

Following recent false accusations relating to Qatar Airways’ shareholding in Air Italy, such baseless statements and consistent inaccuracies need addressing as a matter of urgency. ... Read More

Vista Global to acquire JetSmarter

Vista Global to acquire JetSmarter

Chief Assignment Editor Chief Assignment Editor- April 10, 2019 15:01 0

Vista Global, a world leader in business flight solutions, announces that it has entered into an agreement to acquire JetSmarter, creating the global On Demand ... Read More

Wynn Resorts ends takeover talks with Australia’s Crown Resorts

Wynn Resorts ends takeover talks with Australia’s Crown Resorts

Chief Assignment Editor Chief Assignment Editor- April 9, 2019 18:05 0

Wynn Resorts released the following statement today: "Following the premature disclosure of preliminary discussions, Wynn Resorts has terminated all discussions with Crown Resorts concerning any ... Read More

Airbus received 58 orders for jets in March

Airbus received 58 orders for jets in March

Juergen T Steinmetz Juergen T Steinmetz- April 4, 2019 16:23 0

Airbus received orders for 58 jetliners in March – led by the A350 XWB widebody family in transactions that included a new customer; while delivering ... Read More

Boeing announces trio of leadership moves

Boeing announces trio of leadership moves

Chief Assignment Editor Chief Assignment Editor- March 20, 2019 19:30 0

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 ... Read More

Fraport 2018 Fiscal Year: Revenue and Earnings Increase Significantly

Fraport 2018 Fiscal Year: Revenue and Earnings Increase Significantly

Juergen T Steinmetz Juergen T Steinmetz- March 19, 2019 08:10 0

Boards propose dividend increase to EUR2 - Outlook remains positive In the 2018 fiscal year (ending December 31), Fraport AG continued on its growth path, ... Read More

Queensgate Investments acquires four Grange Hotels for £1 billion

Queensgate Investments acquires four Grange Hotels for £1 billion

Chief Assignment Editor Chief Assignment Editor- March 15, 2019 16:54 0

Queensgate Investments has completed the acquisition of the Grange St Paul's EC4, Grange Tower Bridge E1, Grange City EC3, and Grange Holborn WC1 for circa ... Read More

Bombardier appoints new Senior VP, General Counsel and Corporate Secretary

Bombardier appoints new Senior VP, General Counsel and Corporate Secretary

Chief Assignment Editor Chief Assignment Editor- March 15, 2019 00:27 0

Bombardier today announced the appointment of Steeve Robitaille as Senior Vice President, General Counsel and Corporate Secretary, Bombardier Inc., effective May 1, 2019. Mr. Robitaille ... Read More

Ebix offers to buy India’s largest corporate travel exchange

Ebix offers to buy India’s largest corporate travel exchange

Chief Assignment Editor Chief Assignment Editor- March 11, 2019 19:05 0

Ebix, Inc. today announced that it has sent a letter to the Board of Yatra Online, Inc., outlining its offer to acquire 100% of the ... Read More

India launches National Common Mobility Card for seamless travel

India launches National Common Mobility Card for seamless travel

Chief Assignment Editor Chief Assignment Editor- March 8, 2019 16:15 0

National Common Mobility Card 'One Nation, One Card' for transport mobility was launched by Indian Prime Minister Narendra Modi at a function in Ahmedabad. The ... Read More

Boeing and Embraer partnership now approved

Boeing and Embraer partnership now approved

Juergen T Steinmetz Juergen T Steinmetz- February 26, 2019 14:05 0

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 ... Read More

All Nippon Airways takes stake in Philippine Airlines

All Nippon Airways takes stake in Philippine Airlines

Chief Assignment Editor Chief Assignment Editor- February 23, 2019 18:20 0

Philippine Airlines (PAL) is planning further rapid expansion of its international operation over the next few months as it launches services to Hanoi, New Delhi ... Read More

How citizens of Singapore can replace paper currency with these popular credit cards

How citizens of Singapore can replace paper currency with these popular credit cards

editor editor- January 29, 2019 19:20 0

Currency is the lifeline of every country. It comes with various forms and utility. Let us take a look at the future of currency. The ... Read More

Choice Hotels to develop 27 new WoodSpring Suites hotels

Choice Hotels to develop 27 new WoodSpring Suites hotels

Chief Assignment Editor Chief Assignment Editor- January 24, 2019 18:15 0

Choice Hotels International, Inc. signed an agreement with CHECO Purchase Company, LLC, a subsidiary of Concord Hospitality, which has newly formed Common Oaks Lodging LLC, ... Read More

Contour Airlines nearly doubles the size of its regional jet fleet

Contour Airlines nearly doubles the size of its regional jet fleet

Chief Assignment Editor Chief Assignment Editor- January 24, 2019 16:05 0

Contour Airlines announced today that it has completed the acquisition of five additional Embraer ERJ-135 regional jets, bringing its ERJ fleet size to 11, and ... Read More

Enterprise car rental to take over Deem

Enterprise car rental to take over Deem

editor editor- January 17, 2019 21:32 0

Enterprise Holdings will acquire travel technology company Deem. Read More

Air Canada’s new loyalty program launches in 2020

Air Canada’s new loyalty program launches in 2020

Chief Assignment Editor Chief Assignment Editor- January 11, 2019 19:19 0

Air Canada announced today the successful closing of its purchase of Aimia Canada Inc., owner and operator of the Aeroplan loyalty business, from Aimia Inc. ... Read More

Brazilian government approves Boeing-Embraer joint venture

Brazilian government approves Boeing-Embraer joint venture

Chief Assignment Editor Chief Assignment Editor- January 11, 2019 01:30 0

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 ... Read More

IATA Pay: Latest trend in paying for airline tickets?

IATA Pay: Latest trend in paying for airline tickets?

Juergen T Steinmetz Juergen T Steinmetz- January 8, 2019 09:12 0

IATA Pay is an industry-supported initiative to develop a new payment option for consumers when purchasing a ticket directly from an airline website. It is ... Read More

Brazil’s GOL airline accelerates fleet renewal

Brazil’s GOL airline accelerates fleet renewal

Chief Assignment Editor Chief Assignment Editor- December 27, 2018 18:05 0

GOL Linhas Aéreas Inteligentes S.A. announced today a further acceleration of its fleet renewal and modernization plan and the execution of sale and leaseback agreements, ... Read More

London Gatwick Airport Sold for 2.9 Billion British Pounds

London Gatwick Airport Sold for 2.9 Billion British Pounds

Juergen T Steinmetz Juergen T Steinmetz- December 27, 2018 08:49 0

The 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 ... Read More

Air Asia sells 29 planes only to lease them back

Air Asia sells 29 planes only to lease them back

Juergen T Steinmetz Juergen T Steinmetz- December 25, 2018 21:12 0

Air Asia is selling 29 planes – Airbus’ A320-200ceo and A320neo to Castlelake. Castlelake will lease the same aircraft back to the Malaysia based budget airline ... Read More

Xenia Hotels & Resorts sells Residence Inn Denver City Center

Xenia Hotels & Resorts sells Residence Inn Denver City Center

Chief Assignment Editor Chief Assignment Editor- December 20, 2018 18:08 0

Xenia Hotels & Resorts, Inc. today announced it has sold the 228-room Residence Inn Denver City Center in Denver, Colorado for a price of $92 ... Read More

Chorus Aviation expands leasing arrangement with Ethiopian Airlines

Chorus Aviation expands leasing arrangement with Ethiopian Airlines

Chief Assignment Editor Chief Assignment Editor- December 20, 2018 01:03 0

Chorus Aviation Inc. announced today that Chorus Aviation Capital will lease an additional Bombardier Q400 aircraft to Ethiopian Airlines Group. In December of 2017, CAC ... Read More

RIU confirm commitment to Canary Islands with new hotel purchase

RIU confirm commitment to Canary Islands with new hotel purchase

Chief Assignment Editor Chief Assignment Editor- December 18, 2018 15:20 0

RIU Hotels & Resorts has completed its purchase of Hotel Riu Buena Vista, located in southern Tenerife, with spectacular views of the Atlantic from its ... Read More

Japan Love Hotels come with mirrored ceilings, jacuzzi, and flavored rubbers

Japan Love Hotels come with mirrored ceilings, jacuzzi, and flavored rubbers

Juergen T Steinmetz Juergen T Steinmetz- December 16, 2018 22:59 0

dult only hotels, like the Hawaiian themed Moana Hotel, are becoming popular all over Japan. They are called "Love Hotels" Other names are fashion hotels, ... Read More

iAero Group to Acquire Swift Air

iAero Group to Acquire Swift Air

Dmytro Makarov Dmytro Makarov- December 12, 2018 10:19 0

iAero Group, a leading integrated aviation business, has signed a definitive agreement to purchase Swift Air, the leading independent US airline charter business. The transaction ... Read More

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