Boeing announced that it will establish Boeing Research & Technology-Brazil, a research and technology center in Sao Paulo that will work with the country's leading researchers and scientists to develop aerospace technologies and beef up ties between Boeing and Brazilians R&D organizations.

“Super-inclusive” Caribbean resort operator SuperClubs is buying out Jamaica’s Urban Development Corporation (UDC), its government partner in the 200-acre Breezes Grand Negril resort, said SuperClubs’ marketing veep.

Cayman Islands Premier McKeeva Bush said Friday that negotiations with China Harbour Engineering Company on the construction of cruise berthing facilities for Grand Cayman would have to be extended for a few more months.

After recently reporting a rise in the company’s hotel earnings, Meliá Hotels International reported a new valuation of its property assets made by Jones Lang LaSalle Hotels.

US Airways, according to reports over the weekend, is once again expressing interest in buying American Airlines, which is currently operating under Chapter 11 bankruptcy protection.

Growth in aviation and related security business is driving economic growth in Latin America and the Caribbean where it has created more than 4 million jobs and contributed $107 billion to national earnings, a report said. Air transport expansion led to new business growth across a wide economic spectrum.