If Delta Air Lines and Northwest Airlines merge, United Airlines and Continental Airlines are reportedly poised to merge themselves, according to press reports.
Thomas Cook Group today (14 February) announced that it has agreed to acquire the entire issued share capital of hotels4U.com Limited (“Hotels4U”) from Centurion Holiday Group Limited (“CHG”).
After voting to strike because they say British Airways intends to staff its OpenSkies subsidiary with lower-paid pilots recruited from outside the union, British Airways pilots took a more conciliatory tone today, agreeing to enter mediation over pay and benefits.
For the quarter ended Dec. 29, the Walt Disney Co. reported a 25 percent drop in earnings, to $1.25 billion, compared with $1.68 billion the year prior.
Air One said its renewed bid for Alitalia was open to domestic and foreign investors, as the small Italian airline continued efforts to drum up support for its plans to buy the country’s flagship airline.
Amadeus has agreed to sell its 50 percent stake in Rumbo to Orizonia Corporación, a leading company in the Spanish tourism sector. The other 50 percent of Rumbo will continue to be owned by Telefónica, the Spanish telecommunications company. Amadeus has agreed to sell its 50 percent stake in Rumbo to Orizonia Corporación, a leading company in the Spanish tourism sector.
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