Figure will be used to repay existing loans and reduce debt servicing obligations
The UK low-cost carrier confirmed that it had submitted a proposal to the overseers of Air Berlin’s insolvency to acquire parts of its short haul business.
UNWTO and WTTC unite in condemning policy failures
Fund supports the three regions most affected – Caribbean, Texas Gulf Coast and parts of Florida and Florida Keys
Operator put up for sale by private equity owner
Performance demonstrates that holidaymakers shrugged off any Brexit hangover within 12 months, say dnata UK-owned operators
The hospitality and tourism sectors should make clear how valuable EU migrant workers are, says David Tarsh, managing director of Tarsh Consulting
Call made as four airports in group report 8% year-on-year passenger growth
Drop follows spending to update up holiday sites and buy more locations
Earnings from incentives can now be spent on credit card rather than in voucher form.
Probe into ‘distribution cost charge’ as BA/Iberia poised to follow
Decision taken to tackle a ‘significant and growing funding deficit’
Total claims received against against lowcosttravelgroup alone amount to £98.7 million.
PPHE Hotel Group reports strong performance across all operating regions
Country’s largest hotel group achieved an 80% leap in pre-tax profits to €32.7m in the first half of year
Europe’s largest budget airline flew 12.7 million passengers last month against 11.5 million in the same month last year