Category Archives: Business

Changi Airport Group to launch platform IMAGINE for the public to share their vision for Project Jewel

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Singapore, 2014-1-16 — /travelprnews.com/ — Following the recent announcement that Project Jewel will be jointly developed by Changi Airport Group and CapitaMalls Asia, Jewel Changi Airport Devt, the property manager of Project Jewel, is now inviting the public to play an integral role in shaping the complex into an iconic, world-class lifestyle destination in Singapore. Titled IMAGINE,… Read the full news article

Lufthansa Group sets new record for sales in passenger traffic during 2013

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Cologne, Germany, 2014-1-15 — /travelprnews.com/ — Last year, the Lufthansa Group set a new record for sales in passenger traffic. Traffic in the passenger business (measured in revenue passenger-kilometres) came to more than 209 billion in 2013. This represents an increase of 2.3 per cent compared with the previous year. The Group also beat its previous record… Read the full news article

Port Authority of New York and New Jersey adds extra PATH service for the first mass transit Super Bowl

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Extra Train Service and Customer Service Agents Added for Game Week New York City, NY, US, 2014-1-14 — /travelprnews.com/ — The Port Authority is kicking off extra PATH service to help serve riders for the first mass transit Super Bowl, adding more frequent train service beginning the week before the February 2 championship game. Volunteer customer service… Read the full news article

Newly elected FirstGroup Chairman John McFarlane to receive all fees in FirstGroup shares

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Aberdeen, Scotland, 2014-1-14 — /travelprnews.com/ — As announced on 6 December 2013, John McFarlane became Chairman of FirstGroup plc on 1 January 2014. John will receive an annual fee of £250,000 in respect of his role as Chairman and has elected to receive all of that fee in FirstGroup shares, underlining his confidence in the long-term prospects… Read the full news article

Meliá Hotels International anuncia la apertura de dos nuevos hoteles en Zhengzhou, China

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Con casi 1.000 habitaciones, los hoteles abrirán en 2015 y 2016 respectivamente, bajo las exitosas marcas “Innside by Meliá” y “Meliá Hotels & Resorts” Ambos acuerdos fortalecen los lazos entre Meliá y sus socios de expansión en China Palma de Mallorca. España, 2014-1-13 — /travelprnews.com/ — Meliá Hotels International, la compañía hotelera española líder, con más de… Read the full news article

Thomas Cook Group and Brand USA into multimillion dollar agreement to promote the USA as the world’s leading destination for European visitors

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Washington, DC, US, 2014-1-13 — /travelprnews.com/ — Thomas Cook Group and Brand USA, the destination marketing organisation for the United States of America, have today announced a major cooperative marketing agreement aimed at promoting the USA as the world’s leading destination for European visitors. The multimillion dollar agreement is the biggest media and partnership deal Brand USA… Read the full news article

U.S. Travel Association VP David Huether provides analysis on the latest trade data released by the Department of Commerce

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Washington, DC, US, 2014-1-9 — /travelprnews.com/ — David Huether, senior vice president of research and economics at the U.S. Travel Association, provides analysis on the latest trade data released by the Department of Commerce: “Travel exports rose to $15.3 billion in November 2013, increasing for the eighth time in the past eleven months. “International travel spending… Read the full news article

Marriott International to report fourth quarter 2013 earnings results on February 19, 2014

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Bethesda, MD, US, 2014-1-9 — /travelprnews.com/ — Marriott International, Inc. (NASDAQ: MAR) will report fourth quarter 2013 earnings results on Wednesday, February 19, 2014, at approximately 5:00 pm Eastern Time (ET).  The company will hold a conference call for the investment community to discuss its fourth quarter 2013 earnings on Thursday, February 20, 2014 at 10 a.m…. Read the full news article

Port Authority of New York and New Jersey launched limited edition Super Bowl PATH SmartLink cards

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New York City, NY, US, 2014-1-8 — /travelprnews.com/ — To commemorate Super Bowl XLVIII – dubbed the first “Mass Transit Super Bowl’’ – the Port Authority today announced the launch of limited edition Super Bowl PATH SmartLink cards. Only 70,000 of the commemorative cards are available for purchase beginning today. The limited edition SmartLink Cards are made… Read the full news article

FirstGroup’s financial processing centre First Shared Services (FSS) employees crowned one of the healthiest workforces in Scotland

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Aberdeen, Scotland, 2014-1-8 — /travelprnews.com/ — Staff at Aberdeen based, First Shared Services (FSS), the financial processing centre for transport operator FirstGroup, have been crowned one of the healthiest workforces in Scotland. Just one year after being awarded the Healthy Working Lives Silver Status, FSS has been awarded Gold status in recognition of the company’s efforts to… Read the full news article

FirstGroup appointed Dennis Maple as President of its First Student division

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Aberdeen, Scotland, 2014-1-8 — /travelprnews.com/ — FirstGroup announces that it has appointed Dennis Maple as President of its First Student division with effect from 13 January 2014. Dennis joins from Aramark Corporation, a leading services organisation with revenues of over $13bn, where over the past ten years he has performed a number of senior roles most… Read the full news article

UAE’s RAK Airways announced suspension of all operations starting January 1st 2014 until further notice

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RAK Airways suspends operations UAE, RAK Airways, 2014-1-7 — /travelprnews.com/ — UAE’s RAK Airways announced today the suspension of all operations starting January 1st2014 and until further notice. In a written statement today, the airline said, ‘The decision for suspending operations was taken following increased pressures on the carrier’s performance due to continuous market conditions, increased operating… Read the full news article

Emirates SkyCargo expanded its network with 4 new cargo-only destinations and its fleet with 3 new Boeing 777 Freighter aircraft in 2013

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Dubai, UAE, 2014-1-6 — /travelprnews.com/ — Emirates SkyCargo, one of the largest and most progressive air cargo operators globally, has achieved another successful year and major milestones over the past twelve months. In 2013, Emirates SkyCargo expanded its network and range of destination options for its customers by launching four new cargo-only destinations which began with Hanoi in Vietnam… Read the full news article

Singapore Airlines signed Memorandum of Understanding (MoU) with Japan National Tourism Organization (JNTO)

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Singapore, 2013-12-26 — /travelprnews.com/ — Singapore Airlines (SIA) and the Japan National Tourism Organization (JNTO) have signed their first Memorandum of Understanding (MoU) aimed at boosting tourist arrivals into Japan from Singapore, Malaysia and Indonesia. This is in line with SIA’s commitment to continue to develop air travel to Japan. SIA started flying to Japan in… Read the full news article

Wyndham Rewards® offers its members the opportunity to earn additional points this holiday season

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Members can now earn additional points at over 25,000 businesses and airports nationwide   Parsippany, NJ, US, 2013-12-20 — /travelprnews.com/ — Wyndham Rewards®, the only hotel loyalty program to offer guaranteed rewards after just one stay, is offering members the opportunity to earn additional points this holiday season and all year long—up to 10 points for every… Read the full news article

Finavia Corporation updated its financing policy and its financing-related reporting policy

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Vantaa, Finland, 2013-12-17 — /travelprnews.com/ — The company immediately updated its procedures when the 2011 auditing of the accounts found out that Finavia Corporation has acquired structured interest derivatie contracts in 2009–2011. The contracts were non-hedging, i.e. in violation of the Group’s financing policy. The use of derivatives, which started during CAA, the predecessor of Finavia Corporation,… Read the full news article

Mandarin Oriental Hotel Group received the 2013 International Award at Hong Kong Business Awards run by DHL and the South China Morning Post

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Hong Kong, 2013-12-16 — /travelprnews.com/ — Mandarin Oriental Hotel Group was honoured to receive the 2013 International Award at the prestigious Hong Kong Business Awards ceremony held recently in the city. Established in 1990 by DHL and the South China Morning Post, the Hong Kong Business Awards aims to encourage and sustain the region’s entrepreneurial spirit… Read the full news article

The sixth annual Beef ‘O’ Brady’s Bowl St. Petersburg to take place at TradeWinds Island Grand St. Pete Beach, FL on Dec. 21-23, 2013

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St. Pete Beach, FL, USA, 2013-12-16 — /travelprnews.com/ — TradeWinds – the Official Beach Resort of the Beef ‘O’ Brady’s Bowl St. Petersburg – Shows Team Spirit with Fun-Filled Fan Events What: The sixth annual Beef ‘O’ Brady’s Bowl St. Petersburg is set for Mon., Dec. 23, at 2 p.m. ET and will be televised nationally on ESPN… Read the full news article

GBTA announced registration is open for GBTA Convention 2014 in Los Angeles, Calif., July 26-30

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Alexandria, VA, USA, 2013-12-16 — /travelprnews.com/ — The Global Business Travel Association (GBTA) – the voice of the global business travel industry – announced today registration is open for the GBTA Convention 2014 in Los Angeles, Calif., July 26-30. The annual convention is the largest, most comprehensive annual gathering of business travel and meetings managers, meeting planners,… Read the full news article

Photo release: Arrival of the brand new Thomas Cook Airbus 321 aircraft at Belfast International Airport

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Belfast, Northern Ireland, 2013-12-16 — /travelprnews.com/ —  Photos from the launch of the brand new Thomas Cook airbus. This brand new aircraft is the first new A321 into the Thomas cook fleet and will be based at Belfast International Airport. Pictures from Harrison Photography, Belfast. ### Notes to editors: About Thomas Cook Airlines UK Thomas Cook Airlines UK (TCX)… Read the full news article

Airports Council International and International Air Transport Association to jointly develop Smart Security (SmartS)

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Geneva, Switzerland / Montreal, Canada, 2013-12-13 — /travelprnews.com/ — Airports Council International (ACI) and the International Air Transport Association (IATA) have signed a Memorandum of Understanding (MoU) jointly to develop Smart Security (SmartS). With the MoU, ACI and IATA can better align their resources and expertise to improve the journey from curb to boarding. Passengers will be… Read the full news article

UNWTO World Tourism Barometer: international tourism grew by 5% in the first nine months of 2013

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Madrid, Spain, 2013-12-13 — /travelprnews.com/ — In the first nine months of 2013, international tourism grew by 5% according to the latest UNWTO World Tourism Barometer. The number of international tourist arrivals reported by destinations around the world increased by some 41 million between January and September, growing above UNWTO’s initial forecast and creating an important stimulus to… Read the full news article

Port Authority of New York and New Jersey to implement program to relocate snowy owls posing threat to aircraft at JFK and LaGuardia airports

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New York City, NY, United States, 2013-12-10 — /travelprnews.com/ — “The Port Authority is working with the New York State Department of Environmental Conservation to move immediately toward implementing a program to trap and relocate snowy owls that pose a threat to aircraft at JFK and LaGuardia airports. The Port Authority’s goal is to strike a balance… Read the full news article

EUROCONTROL Performance Review Commission released two reports comparing operational and economic performance of Air Traffic Management in US and Europe

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Brussels, Belgium, 2013-12-09 — /travelprnews.com/ — The EUROCONTROL Performance Review Commission (PRC) has published two reports comparing the operational and economic performance of Air Traffic Management (ATM) in the US and Europe. The first report provides a high-level comparison of operational ATM performance between the US and Europe from 2008 to 2012. Building on established operational key… Read the full news article

Massachusetts Port Authority report predicts Worcester Regional Airport will generate $369 million of economic activity over the next ten years

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Worcester, MA, USA, 2013-12-07 — /travelprnews.com/ — A report released by the Massachusetts Port Authority predicts Worcester Regional Airport will generate $369 million of economic activity over the next ten years.  Massport commissioned Frasca & Associates, L.L.C. to assess the ten year economic impacts anticipated from new airline service by Jetblue Airways and Massport’s current and future… Read the full news article

IATA figures show small improvement in air freight growth in October 2013

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Geneva, Switzerland, 2013-12-07 — /travelprnews.com/ — The International Air Transport Association (IATA) released figures showing a small improvement in air freight growth in October. Compared to October 2012, global freight tonne kilometers (FTK) grew 4.0%, with growth in all regions except Africa. The gradual expansion continues a trend that began in the third quarter as air freight… Read the full news article

Alaska Air Group Inc. reported November and year-to-date operational results

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Seattle, WA, United States, 2013-12-04 — /travelprnews.com/ — Alaska Air Group Inc. (NYSE: ALK) today reported November and year-to-date operational results for its subsidiaries, Alaska Airlines and Horizon Air, and on a combined basis. Detailed information is provided below. ALASKA AIRLINES – MAINLINE Alaska reported a 1.5 percent increase in traffic on a 6.7 percent increase in… Read the full news article

The Global Business Travel Association (GBTA) and Georgia Business Travel Association renewed their partnership

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Alexandria, VA, 2013-12-04 — /travelprnews.com/ — The Global Business Travel Association (GBTA) – the voice of the global business travel industry – and the Georgia Business Travel Association announced today that Georgia BTA is renewing its affiliation with GBTA. “We look forward to working together with Georgia BTA to create more robust opportunities for education and networking… Read the full news article

OJSC Aeroflot released consolidated IFRS financial results of Aeroflot Group for 9M 2013

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Moscow, Russia, 2013-12-04 — /travelprnews.com/ — OJSC Aeroflot today announced the consolidated IFRS financial results of Aeroflot Group (the “Group”, Moscow Exchange ticker: AFLT) for the nine months ending 30 September 2013. Key financial highlights: Net income for the nine-month period of USD 545.2 million, an increase of 84.1% versus 9M 2012 Revenue for the nine-month period… Read the full news article

InterContinental Hotels Group announces plans to recruit another 110,000 staff to support its growth in China

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Beijing, China, 2013-12-02 — /travelprnews.com/ — InterContinental Hotels Group (IHG), one of the world’s leading international hotel companies, today outlined its strong position in Greater China and ambitious growth targets for the region as it announces plans to recruit another 110,000 staff to support its growth which involves doubling the number of hotels in China in the… Read the full news article