Report: Abu Dhabi fund’s Sydney hotels may yield $500M
The sovereign wealth fund Abu Dhabi Investment Authority could reap about $500 million from the planned sale of two Sydney,… Read More »
Consumer Groups Pressure White House Over Family Seating on Planes
Consumer advocates are pressuring the Biden Administration to have the Department of Transportation revisit its decision on how families are… Read More »
Southwest Airlines Launches Two-Week Sale on Fall Flights
Southwest Airlines is offering fall flights from under $100 roundtrip this September. The low-cost carrier’s latest sale runs Monday, September… Read More »
US Government to Provide $482 Million in Aid to Aviation Manufacturers
United States President Joe Biden and his administration announced a fund consisting of $482 million available to aviation manufacturers that… Read More »
Car Rental Shortage Predicted for Upcoming Holiday Season
The pandemic has changed a lot about how we live our lives and how we travel, but perhaps one of… Read More »
Enterprise Teaming With Microsoft on Connected Car Technology
Enterprise Holdings announced an expanded partnership with Microsoft to bring connected car technology to the company’s car rental, exotic vehicles… Read More »
Six Senses Belize to Open with Secret Beach and Private Island
Within just a few hours of the US, Belize is known for its warm and turquoise water, incredible snorkeling and… Read More »
Sandals Debuts Sandals Vacation Assurance Program
Sandals Resorts International, which comprises Sandals Resorts and Beaches Resorts, has created the Sandals Vacation Assurance program, which guarantees a… Read More »
Psychedelic Meets Fine Dining at The Cosmopolitan of Las Vegas’ New Restaurant
You’ve heard of Italian restaurants. You’ve heard of American restaurants. You’ve even heard of Italian-American restaurants. How about Italian-American-Psychedelic? The… Read More »
Nairobi unlikely to bailout cash-strapped Kenya Airways
Kenya’s National Treasury has neither budgeted for, nor received a call from cash-strapped Kenya Airways (KQ, Nairobi Jomo Kenyatta) for… Read More »
EC greenlights ITA, absolves it of illegal Alitalia aid
Concluding its investigation into two Italian state loans to Alitalia (AZ, Rome Fiumicino) in 2017 totalling EUR900 million euros (USD1.06… Read More »
LATAM garners over $5bn in bankruptcy exit financing offers
LATAM Airlines Group – and certain of its debtor-affiliates in Brazil, Chile, Colombia, Ecuador, the United States, and Peru –… Read More »
Wizz Air in talks about 100+ A320neo order
Wizz Air Holdings has been in talks with Airbus about a new order for at least 100 A320neo Family jets… Read More »
South Africa’s Comair reports $19mn capital inflow
Comair (South Africa) (MN, Johannesburg O.R. Tambo) has received a capital injection of ZAR270 million rand (USD19 million) through the… Read More »
Israel dangles $50mn more aid before El Al
Israel’s Ministry of Finance has told El Al Israel Airlines (LY, Tel Aviv Ben Gurion) that it can provide a… Read More »
US bankruptcy court greenlights PAL’s loan financing
Philippine Airlines (PR, Manila Ninoy Aquino Int’l) has announced it has won US court approval to access financing for its… Read More »
Japan Airlines to raise ¥300bn to bolster balance sheet
JAL – Japan Airlines (JL, Tokyo Haneda) parent JAL Group plans to raise around JPY300 billion yen (USD2.73 billion) via… Read More »
Mammoth Freighters launches B777 conversion programmes
Mammoth Freighters, a company backed by Fortress Investment Group, has officially launched conversion programmes for the B777-200(LR) and the B777-300(ER)… Read More »