Air and Travel NEWS
Sweden-based aerospace and defence major Saab AB (STO:SAAB B) has made a EUR6.60 (USD8.18) per share public cash offer for Dutch sea and air-traffic control solutions firm Hitt NV (AMS:HITT), both companies said … Continue reading “Swedish defence group Saab tables offer for air-traffic firm Hitt NV”
Two online travel firms and a hotel group have been accused of infringing competition law by limiting hotel room discounts. The UK’s Office of Fair Trading (OFT) issued a Statement of Objections today, … Continue reading “Online travel agents and hotel group broke competition law, OFT claims”
French hotel operator Accor SA (EPA:AC) said today it will sell its interest in an Australian fund plus two hotels in Beijing to a newly-created hotel investment trust, called A-Htrust, for a combined … Continue reading “France’s Accor to exit Australian fund, sell two Beijing hotels”
Spain is still the UK’s most popular overseas tourist destination, but with bargain hunting Brits keen to find the best deals, UK travellers are widening their palette of options, according to data provided by Asda Money. The UK … Continue reading “Bargain hunting British travellers widen horizons in search of deals”
Chinese airline Air China Ltd (HKG:0753) has set up a domestic aircraft spare parts supplying joint venture together with US airplane, engine and parts broker GA Telesis LLC, the parties announced. The agreement … Continue reading “Air China agrees aircraft parts JV with GA Telesis”
Cheung Kong Infrastructure Holdings Limited (HKG:1038), or CKI, the infrastructure investment vehicle controlled by Hong Kong billionaire Li Ka-shing, has been left with one rival in the race for a stake in UK … Continue reading “Li Ka-shing closes in on a stake in Manchester Airport”
The UK government announced today an expansion of the higher apprenticeships scheme to include sectors such as aviation, low carbon engineering, legal services and space engineering. In the second round of the GBP25m … Continue reading “Airline pilot apprenticeships unveiled by UK government”
The board of Deutsche Lufthansa AG (ETR:LHA) has rejected a plan for its in-flight foodservices unit, LSG Sky Chefs, to acquire the Finnish airline Finnair’s (HEL:FIA1S) catering business. The parties signed a memorandum … Continue reading “Finnair’s sale of catering business to LSG Sky Chefs collapses”
Global provider of onboard retail and payment technology solutions to airlines and the passenger travel industry, GuestLogix Inc (TSX:GXI) announced on Tuesday that it will deploy its onboard retailing technology and point-of-sale (POS) handheld devices to power Jet Airways’ in-flight duty free programme, JetBoutique.
Clear Channel Airports collaborates with SapientNitro on new version of FlySmart: Be an Airport Insider app
Airport advertising company Clear Channel Airports (CCA) announced on Monday that it has partnered with SapientNitro, an integrated marketing and technology services firm, to launch the latest version of “FlySmart: Be an Airport Insider,” a mobile travel application that provides information to air passengers.