Tag Archives: Group

International Airlines Group reports €7.4bn loss for 2020 | News

International Airlines Group reports €7.4bn loss for 2020 | News

Worldwide Airways Group has reported a lack of €7.four billion for monetary 2020 because the Covid-19 pandemic wrought havoc within the aviation sector. The losses embrace expenses for distinctive gadgets referring to gasoline and foreign money hedges, early fleet retirement and restructuring prices. The determine is compared to a revenue of €2.6 billion in 2019. […]

Accor further sells down stake in Huazhu Group | News

Accor further sells down stake in Huazhu Group | News

Accor has offered an extra a 1.5 per cent stake in Huazhu Group of China for €239 million because it continues to battle the fallout from the Covid-19 pandemic. The French firm stated the transaction would reap the advantages of the preliminary funding, whereas additionally simplifying its stability sheet. After this transaction, Accor will personal […]

Ovation Travel Group acquired by American Express Global Business Travel | News

Ovation Travel Group acquired by American Express Global Business Travel | News

American Categorical World Enterprise Journey has acquired Ovation Journey Group. The acquisition consists of all Ovation Journey Group manufacturers, together with Legal professionals Journey.  Ovation Journey Group purchasers and travellers will proceed to obtain the excellent, high-touch service for which the enterprise and its individuals have change into so famend over the past 36 years. […]

British Airways facing group action claim over data breach | News

British Airways facing group action claim over data breach | News

British Airways is dealing with the most important ever group declare over a knowledge breach in UK authorized historical past following a 2018 incident. The theft of knowledge from the airline is assumed to have uncovered particulars of greater than 400,000 clients. Greater than 16,000 clients have now joined the case forward of a March […]

Tata Group boosts stake in AirAsia India | News

Tata Group boosts stake in AirAsia India | News

Tata Group has elevated its stake in AirAsia India because the conglomerate seems to extend its share of the home aviation sector. On Tuesday, the corporate introduced it might enhance its holdings within the Indian-based three way partnership with AirAsia from 51 per cent to 84 per cent. AirAsia, owned by Malaysian tycoon Tony Fernandes, […]

Bartlett to lead Organisation of American States working group | News

Bartlett to lead Organisation of American States working group | News

Jamaica minister of tourism, Edmund Bartlett, has been chosen to chair a high-level Organisation of American States (OAS) working group. The physique has been charged with the event of an motion plan for the restoration of the cruise and airline industries in gentle of the fall-out attributable to the Covid-19 pandemic. “Jamaica could be very […]

Kreuzpaintner appointed head of sales for Lufthansa Group | News

Kreuzpaintner appointed head of sales for Lufthansa Group | News

Stefan Kreuzpaintner will assume accountability for the worldwide gross sales actions of Lufthansa, Swiss, Austrian Airways and Brussels Airways in January. As well as, Kreuzpaintner will be part of the chief board of Lufthansa Airways as chief industrial officer at first of 2021, assuming accountability for the Munich hub of Lufthansa Airways. Along with his […]

Preferred Hotel Group launches Beyond Green brand | News

Preferred Hotel Group launches Beyond Green brand | News

Lindsey Ueberroth, chief government of Most popular Resort Group, has confirmed the North American firm will launch a brand new lodge model. The brand new flag can be known as ‘Past Inexperienced’, and can comprise a portfolio of resorts, resorts and lodges which exemplify sustainable management. “We consider change creates alternative, and we consider now’s […]

Seera Group launches new Almosafer analytics tool | News

Seera Group launches new Almosafer analytics tool | News

Seera Group has launched a brand new knowledge portal for trade companions, which gives complete insights on future searches, bookings and traveller behaviour. The portal has been designed to allow tourism boards and different trade companions to additional perceive the shopper journey at each touchpoint and make projections for strategic campaigns. In an try to […]

CVI Group snaps up Cruise & Maritime Voyages assets | News

CVI Group snaps up Cruise & Maritime Voyages assets | News

The belongings of Cruise & Maritime Voyages have been offered following the collapse of the corporate earlier this yr. Sister corporations South Quay Journey & Leisure, Unbiased Coach Journey and Viceroy additionally closed in June, together with worldwide gross sales places of work in Australia, France, the US and TransOcean Kreuzfahrten in Germany. Buyers CVI […]

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