Hertz Global Holdings, Inc. and Dollar Thrifty Automotive Group, Inc. today announced that they have entered into a definitive merger agreement under which Hertz would acquire Dollar Thrifty for $87.50 per share in cash in a transaction valued at a corporate enterprise value of approximately $2.3 billion.

Grupo Aeromexico S.A.B. de C.V., the largest intercontinental airline in Mexico, reports operating statistics for July, 2012. Grupo Aeromexico over transported 1.4 million passengers in July 2012; which represents a 3.2 percent year-on-year growth for the month of July.

While travel exports declined by $40 million since May –  a 0.3 percent change – year to date, travel exports are still growing faster than all other service exports and contribute to more than one-quarter of total service exports, senior vice president David Huether reports.