IAG, the parent of British Airways and Spain’s Iberia, announced a 1 billion euro ($1.12 billion) takeover of Spain’s Air Europa to boost its presence on routes to Latin America and the Caribbean.

Hurricane Dorian took the wind out of Royal Caribbean Cruises Ltd.'s sails in the third quarter, knocking down results by $27 million.

Numerous reports indicate that a source close to the matter said Lufthansa had written to Italy’s industry ministry and Italian railways Ferrovie dello Stato on Tuesday, saying it was ready to take a stake in Alitalia.

In view of “particularly difficult” situation that Dominican tourism has gone through in recent months, the Association of Hotels and Tourism of the Dominican Republic (Asonahores) announced the creation of a $5 million Tourism Promotion Fund.

Flight Centre Travel Group (FCTG) revealed the results of a recent survey that analyzed the behavior and trends of North American business travelers.

Caribbean tourism groups are regrouping in the wake of Thomas Cook's demise, particularly in the Eastern Caribbean, where annual arrival numbers included visitors on Thomas Cook packages.