Category - Business

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Frankfurt Airport: New airlines and growing seat capacity in summer 2017

7 years ago

Frankfurt Airport’s (FRA) new Summer Timetable 2017 – which goes into effect on Sunday, March 26 – features 96 scheduled passenger airlines flying to 299 destinations in 97 countries. According to ANNA.aero, the renowned industry portal tracking aviation route trends, this extensive network makes FRA the leading airport for nonstop destinations. Indeed, Frankfurt Airport’s vital role as a global aviation hub is underscored by the 139 intercontinental destinations being offered this summer. The...

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Etihad Airways reassures passengers of service following directive on US-bound flights

7 years ago

Etihad Airways is reassuring passengers of its highest level of service to minimize disruption following the introduction of a new US travel directive on electronic devices. Effective March 25, passengers on all US-bound flights from, or transiting through, Abu Dhabi International Airport will not be permitted to carry electronic devices bigger than a smart phone or mobile into the aircraft cabin. Items such as laptop computers, tablets including iPads, gaming devices, cameras and e-readers...

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Hong Kong’s first sightseeing restaurant bus launched

7 years ago

Crystal Bus is Hong Kong’s first-ever sightseeing restaurant bus to drive through the city. Paired with stylish interiors decorated with crystals, high quality sound systems, and special facilities, guests can admire the beautiful views of the city while enjoying delicacies from local Michelin starred restaurants. Crystal Bus Holding Limited held the “Crystal Bus Debut Launch” on 14th March 2017 with the attendance of press, councillors, commercial elites, and partners from...

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CALC 2016 annual results achieve record high

7 years ago

China Aircraft Leasing Group Holdings Limited, a full value-chain aircraft solutions provider for airlines globally, is pleased to announce the Group’s annual results for the year ended 31 December 2016. Financial Highlights • Total revenue and other income increased by 58.0% to HK$2,448.1 million on the back of continued expansion of the aircraft leasing business and gains from the disposal of finance lease receivables. • Net profit grew 67.9% to HK$638.4 million. • Basic earnings per share...

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Eastern Airways to launch Glasgow – Isle of Man service

7 years ago

Eastern Airways has announced a new route from Glasgow to the Isle of Man, less than two weeks after securing the future of the island’s routes to Northern Ireland and North East England. The UK regional airline, which moved quickly on Monday 13 March 2017 to provide a continuation of links to the Isle of Man from Belfast City and Newcastle, following Citywing’s liquidation, will now offer a daily weekday link from Scotland with a new Glasgow service. The Glasgow service will be introduced from...

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Benchmark appoints new Director of Marketing for Orlando resorts

7 years ago

Benchmark, a global hospitality company, has named Kristina Turner area director of marketing for the Forbes Four Star-rated Villas of Grand Cypress, a Gemstone Collection property, and The Grove Resort & Spa Orlando, a Benchmark Resorts & Hotels property that opened its first phase on March 10, 2017. Both resorts are located near Walt Disney World® in Orlando, Florida. Ted Davis, chief sales & marketing office for Benchmark, made the announcement. “It is a pleasure to welcome...

GenY

How will Generation Y and Z affect the global tourism and hospitality industry?

7 years ago

HotelsPro, a global technology and hotel reservation solutions provider for travel industry professionals investigated the possible effects of Generation Y and Z to the tourism sector. Generation Z is also known as Post-Millennials, the iGeneration. The Generation Y is considered people born during the 1980s and early 1990s. Dwelling upon several suggestions on how tourism industry can touch Generation Y, which will hold the biggest share of spending power as of 2020, and Generation Z, which...

accelya

John Johnston appointed Chief Executive Officer of Accelya and Mercator

7 years ago

Accelya, a leading provider of financial and commercial solutions to the airline industry, and Mercator, a global provider of product-enabled solutions to the travel and transportation industry, today announced the successful completion of their combination, creating a leading global technology-enabled solutions provider to airlines, travel agents and transport companies. The combined group has a broadened product portfolio with complementary offerings including revenue accounting, revenue...

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China to build 136 new airports by 2025

7 years ago

China aims to build 136 new airports by 2025, government sources said on Wednesday. The facilities could become a world-class airport complex of international and regional transport hubs, according to a plan by the National Development and Reform Commission and the Civil Aviation Administration of China. China began an airport construction boom in 2008 when the government began spending on infrastructure to offset the global financial crisis. Service improved remarkably, but current airports...

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Airbnb doubles investment in China, changes name for Chinese market

7 years ago

Home-sharing giant Airbnb is adopting the name “Aibiying” (“爱彼迎” in Chinese characters) in China, one that translates as “welcome each other with love,” as it doubles investment in the country and triples its local workforce to serve the world’s largest population of travelers. The startup intends to ramp up its Chinese business after more than doubling listings in the country to about 80,000 in 2016, Chief Executive Officer Brian Chesky said. This year, it plans to offer customers in Shanghai...

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American Airlines to acquire stake in China Southern Airlines

7 years ago

American Airlines Group, the world’s largest carrier, is in advanced talks to acquire a stake in China Southern Airlines through a USD 200 million investment. The negotiations focus on an investment of about USD 200 million by Fort Worth, Texas-based American in China Southern’s Hong Kong-listed shares. The sale will likely take place via a private placement. China Southern has a market value of about USD 10 billion. Under the discussions, American would nominate to the Chinese company’s board...

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South African Airways introduces Airbus A330-200 on Victoria Falls Route

7 years ago

With the expansion of the Victoria Falls International Airport in Zimbabwe, South African Airways has increased capacity between Johannesburg and the popular leisure destination of Victoria Falls. The recent introduction of Airbus A330-200 wide-body aircraft on the route, adds 60% more capacity in each direction, on a daily basis. South African Airways Airbus A330-200 aircraft accommodates 222 passengers, in a dual-class configuration of 36 Premium Business Class seats and 186 Economy Class...

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Seattle’s iconic Art Deco gem joins Benchmark’s Gemstone Collection

7 years ago

Seattle’s iconic Art Deco gem, the Hotel Deca, is the newest member of the Gemstone Collection, a dynamically expanding portfolio that is part of Benchmark, a global hospitality company. The historic 158-guestroom property, featuring three Penthouse Suites, is situated in Seattle’s spirited University District, close to the campus of the University of Washington and just minutes from the attractions of downtown Seattle. Benchmark includes 70 domestic and international properties under two...

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Princess Cruises adds guest experience platform to two more cruise ships

7 years ago

As a new era of cruise personalization and game-changing guest service nears, Carnival Corporation & plc’s international premium brand, Princess Cruises, will soon prepare two more vessels with the world’s first interactive guest experience platform as the Caribbean Princess and Regal Princess transition into Medallion Class ships during dry docks taking place over the next six weeks. Carnival Corporation’s proprietary xIoT network, which is enabled by the Ocean...

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Viceroy Hotel Group introduces three brand tiers

7 years ago

Viceroy Hotel Group (VHG) today announced the segmentation of its portfolio into three tiers: The Viceroy Icon Collection, The Viceroy Lifestyle Series and Urban Retreat Collection. This new structure is a natural evolution for the modern luxury hotel brand. As it continues to create unique and diverse experiences, the tier structure will help guests find what they are looking for more easily. “We celebrate the differences in our portfolio and know that our guests love diversity...

CALC delivers two Airbus A320 to AirAsia Group

7 years ago

China Aircraft Leasing Group Holdings Limited is pleased to announce that the Group has completed the deliveries of one Airbus A320 each to AirAsia Berhad and Thai AirAsia. Mr. Mike POON, Chief Executive Officer of CALC, said, “CALC is very pleased to partner with AirAsia Group to support their business development. Since our foray into Southeast Asia market in 2015, we have made continued efforts to seek partnerships with key players in the region. We are very honored to start our business...

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BTS: US-NAFTA freight totaled $88.0 billion in January 2017

7 years ago

US-NAFTA freight totaled $88.0 billion in current dollars as all five major transportation modes carried more freight by value with North American Free Trade Agreement (NAFTA) partners Canada and Mexico in January 2017 compared to January 2016, according to the TransBorder Freight Data released today by the US Department of Transportation’s Bureau of Transportation Statistics (BTS). The 6.7 percent rise from January 2016 was the largest year-over-year increase since the September 2014 increase...

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Airberlin welcomes new Vice President of Customer Experience and Innovation Division

7 years ago

To further strengthen airberlin’s Commercial Division, Elisabeth Jesse will become Vice President of airberlin’s Customer Experience and Innovation Division at the beginning of July. Her main task will be to promote innovative service and customer offers as part of the transformation of airberlin. Elisabeth Jesse will report directly to the Chief Commercial Officer, Götz Ahmelmann, who joined airberlin from Etihad at the beginning of March. CCO, Götz Ahmelmann, said of the...

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Milan Bergamo Airport adds 14 new routes and welcomes two new airlines

7 years ago

Milan Bergamo Airport is on course to continue the robust growth it witnessed last year, adding 14 new routes, resuming 11 seasonal links and welcoming two new airlines for the S17 timetable. Having recorded 7.2% passenger traffic increase in 2016, the expanding summer schedule further consolidates the gateway’s position as Italy’s third busiest airport in terms of annual passengers. Kick-starting S17 by launching six new connections in the first week, the Italian airport welcomes a new link to...

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2016 Vienna meetings industry – new records across the board

7 years ago

Vienna’s record year for tourism in 2016 is equaled by the city’s meetings industry, which reported top results in all relevant key indicators: the number of events rose 11%, triggering a 2% increase in bednights, which saw induced economic impact advance some 3% to pass the one billion euro mark for the second year in succession. President of the Vienna Tourist Board and the Vienna City Councilor for Finance, Economic and International Affairs Renate Brauner, Director of Tourism Norbert...

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Marriott International debuts Four Points by Sheraton brand in Auckland, New Zealand

7 years ago

Marriott International today announced it expects to debut its booming Four Points brand in New Zealand with the opening of Four Points by Sheraton Auckland in late 2017. Owned by Russell Property Group and Lockwood Auckland Properties, the 255-room hotel will be located in the heart of the city at 396 Queen Street, Auckland’s main retail and dining strip. Today’s signing marks Marriott’s continued expansion in New Zealand following the signing of The Ritz-Carlton, Auckland...

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Union Square landmark hotel commemorates its 30th anniversary with $60 million renovation

7 years ago

Hotel Nikko San Francisco, located steps from Union Square in the heart of the city, unveils a sweeping $60 million renovation commemorating its 30th anniversary this year. Following a three-month renovation, spearheaded by Hirsch Bedner Associates, the contemporary and sophisticated interior design elevates the entire guest experience, complemented by the genuine and intuitive service Hotel Nikko San Francisco has long been known for. The new design, which takes inspiration from the...

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Commonwealth Hotels acquires four Alabama properties

7 years ago

Commonwealth Hotels has added four Alabama hotels to their portfolio, effective March 10, 2017. This brings the hotel management company’s nationwide portfolio to 44 properties with over 5,400 rooms. “We are excited to bring these award-winning hotels into the Commonwealth Hotels family,” said Brian Fry, President of Commonwealth Hotels. “The associates deliver world class service with casual charm and we are delighted they have joined our team.” The four Hilton...

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MSC Cruises elevates dining at sea with greater flexibility

7 years ago

MSC Cruises — the Swiss-based world’s largest privately-owned cruise line and market leader in Europe, South America and South Africa — revealed today new dining concepts that will be available first to guests on MSC Meraviglia and MSC Seaside. Designed to meet the needs of today’s cruise guests, the two ships — the first two of a total of 11 new mega-ships due to come into service starting this year, in June and December, respectively — will introduce highly flexible dining options...

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Sunwing resumes summer services to three Caribbean destinations from Vancouver

7 years ago

Sunwing will be offering a summer service to three popular Caribbean destinations from Vancouver via Toronto for a third consecutive year. From May 17 to September 03, 2017 inclusive, West coast travelers can enjoy convenient access to Punta Cana, Dominican Republic; Montego Bay, Jamaica and the island of St. Maarten. From June 1st until September 1st, 2017, flight connections to Punta Cana are available on Thursdays and Sundays, and Montego Bay is accessed via weekly service departing each...

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Garuda Indonesia Group books net income of $9.35 Million for 2016

7 years ago

National airline PT Garuda Indonesia and its subsidiaries maintained positive performance throughout 2016 with a net profit of US$9.36 Mil, or the equivalent of IDR 124.5 Bil (exchange rate IDR 13.300 per US$), while carrying a total of 35 Mil passengers on both Garuda Indonesia and Citilink Indonesia. The positive achievement was detailed in the Group’s analyst meeting which took place today at Garuda Indonesia headquarters in Cengkareng, and was attended by Garuda Indonesia directors...

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FAA forecasts continued growth in air travel

7 years ago

The FAA today released its annual Aerospace Forecast Report Fiscal Years 2017 to 2037, which projects sustained and continued growth in nearly every aspect of air transportation from general aviation private flying to large commercial airline passenger levels. In commercial air travel, Revenue Passenger Miles (RPMs) are considered the benchmark for measuring aviation growth. An RPM represents one revenue passenger traveling one mile. The FAA forecast calls for system RPMs by mainline and...

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Choice Hotels announces Cambria hotels & suites continued expansion

7 years ago

Choice Hotels International, Inc. today announced significant growth and development plans for Cambria hotels & suites in 2017. With 28 Cambria hotels & suites open across the United States, the brand is planning a major increase in 2017 with 14 planned hotel openings, 18 groundbreakings, and multiple executed franchise agreements. Cambria hotels & suites already celebrated two grand openings in Texas this year in Southlake and McAllen. Throughout 2017, openings will continue...

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Delta’s relocation to LAX Terminals 2 and 3 scheduled for May 12-17

7 years ago

Delta Air Lines and Los Angeles World Airports will orchestrate one of the largest terminal moves in the history of commercial aviation when Delta relocates from Terminals 5 and 6 to Terminals 2 and 3 at Los Angeles International Airport (LAX) in May, and Delta customers will reap the benefits from day one. The move, scheduled to start on May 12, will impact 21 airlines during a one-week period and is a precursor to the Delta Sky Way at LAX, Delta’s $1.9 billion plan to modernize, upgrade...

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First full scale Passenger Hyperloop Capsule is being built

7 years ago

Hyperloop Transportation Technologies (HTT) has begun construction of the world’s first full scale Passenger Hyperloop™ Capsule. This first capsule is the culmination of over three years and thousands of hours of design, research, and analysis. Construction is underway for delivery and an official reveal in early 2018 at HTT’s R&D center in Toulouse, France for integration and optimization. The capsule will then be utilized in a commercial system soon to be announced from the...