The U.S. bankruptcy court in Delaware dismissed Baha Mar Ltd.’s Chapter 11 filing late Tuesday, signaling what may be the end of Baha Mar Ltd. chief Sarkis Izmirlian’s near decade-long effort to build and operate the $3.5 billion Nassau, Bahamas mega-resort.
MPH Ventures Corp. (MPS) has announced that Travelucion has acquired an equity interest in a Cuban travel supplier located in Havana
Pilots' union Vereinigung Cockpit has proposed fresh talks with Lufthansa management over early retirement benefits, a day after a court ruled a strike was unlawful because the union had overstepped its mandate.
The Bahamas Supreme Court appointed a provisional liquidator to help oversee the stalled Baha Mar resort project, a move that developer Baha Mar Ltd. touted as a victory.
Air France is threatening to cut 10 percent of its long-haul network by 2017 unless pilots accept cost-cutting changes to their work conditions.
Baha Mar Ltd., developer of the stalled Baha Mar resort in the Bahamas, has proposed pushing its general contractor out of the project as part of a restructuring plan filed with the U.S. bankruptcy court in Delaware last week.




