Inflation, interest rates cited as red flags for hotel buys
Rising inflation and interest rates are cooling the ardor of small-to-medium-size hotel investors despite the heat-up of leisure travel, a… Read More »
Hopes rise along with occupancy for Chicago Loop hotels
Hotel occupancy in the Chicago Loop has reached its highest level since the pandemic started, and a board member of… Read More »
MCR secures $420M in refinancing for 30 hotels
Four firms have combined to provide hotel owner-operator MCR with a $420 million refinancing package for 30 Marriott- and Hilton-affiliated… Read More »
Dallas’ NewcrestImage continues growth after sell-off year
Dallas-area chain NewcrestImage is expanding its portfolio by nearly 700 rooms with the purchase of four La Quinta-branded properties in… Read More »
Colo. community looks to hotels for transit worker housing
Transportation officials in Glenwood Springs, Colo., plan to acquire a hotel for conversion to housing for employees and may make… Read More »
Goh will leave CEO role at Star Alliance in 2022
Jeffrey Goh will step down from the CEO position at Star Alliance this year, leaving after five years at an… Read More »
Canada restarts random COVID-19 testing
Canada will resume random COVID-19 testing starting July 19 for passengers arriving at four major airports who are fully vaccinated,… Read More »
Fla. pilot joins in Ukrainian relief effort
Pilot John Bone of Apalachicola, Fla., is volunteering with Ukraine Air Rescue to bring Ukrainian refugees to safety in Germany… Read More »
Project to advance hybrid-electric aircraft propulsion
Pratt & Whitney and Collins Aerospace have launched a hybrid-electric propulsion technology program, to be based at the Raytheon Technologies… Read More »
Delta plans service between New York and Berlin
Delta Air Lines will launch service between New York’s John F. Kennedy International Airport and Berlin next May. The airline… Read More »
American confirms commitment to buy eVTOL aircraft
American Airlines has agreed to delivery slots and payment arrangements for 50 electric Vertical and Take Off Landing (eVTOL) aircraft…. Read More »
Japan’s Feel Air Holdings orders up to 36 ATR aircraft
Brand new Japanese regional airline, Feel Air Holdings, signed a Letter of Intent (LoI) with ATR for up to 36… Read More »
Airbus teams up with airlines to explore carbon removal solutions
Aircraft manufacturing giant Airbus has joined forces with with more than half a dozen airlines, including Air Canada, Air France-KLM,… Read More »
Pratt & Whitney GTF Advantage™ Engine Certification testing begins
Pratt & Whitney today announced that it has started FAR33 certification testing of the GTF Advantage engine. The company continues… Read More »
L3Harris selected as pilot training centre provider for Air Astra
L3Harris Technologies has been selected as the pilot training provider for Air Astra, a new airline based in Bangladesh. L3Harris will… Read More »
AirAsia X adds three new key routes to Australia and New Zealand
AirAsia X (AAX), the medium to long-haul affiliate airline of AirAsia Aviation Group announces its latest services to Melbourne (Tullamarine)… Read More »
De Havilland Canada launches cargo conversion solutions utilising Dash 8-400 Aircraft
De Havilland Aircraft of Canada Limited (“De Havilland Canada”) today announced the launch of three cargo conversion solutions for the… Read More »
Future Flight Challenge announces projects to help revolutionise regional aircraft networks
The Future Flight Challenge at UK Research and Innovation has announced the 17 projects sharing £73 million in funding to… Read More »
Rolls-Royce announces leading-edge hydrogen programme and developments in hybrid-electric research
Rolls-Royce has announced a new leading-edge hydrogen programme and given a further update on its research into hybrid-electric power as… Read More »
Rolls-Royce in final build phase for world’s largest aero-engine technology demonstrator
Rolls-Royce has entered the final build phase for the world’s largest aero-engine technology demonstrator, UltraFan®, providing a suite of technologies… Read More »
Flights briefly suspended at London Luton Airport after runway damaged
Extreme heat in the U.K. on Monday caused runway damage and disrupted military and civilian flying, airport officials said. A… Read More »
Boeing CEO says won’t ramp up 737 Max production because of supply chain constraints
Boeing CEO Dave Calhoun on Monday Jul. 18 said the manufacturer won’t ramp up production of its bestselling 737 Max… Read More »