Bahamian-owned tour and excursion providers are increasingly being squeezed by the major cruise lines, industry sources revealed, as more are dropped from the ships’ itineraries.
TUI Travel PLC, one of Europe’s largest tourism companies, has acquired 8.4 million shares in Air Berlin and now owns 9.9 percent of the airline. Air Berlin is Germany’s second-biggest airline behind Lufthansa. TUI Travel already owns Germany’s third-biggest airline, TUIfly.
TUI Travel PLC, one of Europe’s largest tourism companies, has acquired 8.4 million shares in Air Berlin and now owns 9.9 percent of the airline. Air Berlin is Germany’s second-biggest airline behind Lufthansa. TUI Travel already owns Germany’s third-biggest airline, TUIfly.
Expedia reported a 27 percent growth in air tickets and room nights booked for the third quarter 2009. The company said it earned $117 million, or 40 cents a share, in the three-month period that ended Sept. 30.
Expedia reported a 27 percent growth in air tickets and room nights booked for the third quarter 2009. The company said it earned $117 million, or 40 cents a share, in the three-month period that ended Sept. 30.
AirTran Airways, Inc., reported net income of $10.4 million, or $0.08 per diluted share, for the third quarter of 2009. These results represent a $105 million improvement over the third quarter of 2008. It benefited from its low costs and tight focus on domestic routs.