Tag Archives: agreement

Host Hotels & Resorts Amends and Restates $2.5 Billion Credit Facility, Extends Maturities to 2028 and Adds Sustainability Incentives

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BETHESDA, Md., 2023-Jan-06 — /Travel PR News/ — Host Hotels & Resorts, Inc. (NASDAQ: HST), the nation’s largest lodging real estate investment trust (the “Company”), today (Jan. 04, 2023) announced that it amended and restated its existing $2.5 billion credit facility (the “Agreement”). The Agreement extends maturities from January 2025 to January 2028, including all extension options, and… Read the full press release

KLM Royal Dutch Airlines and Thalys strengthen cooperation on joint AirRail product

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Amstelveen, Netherlands, 2022-Apr-01 — /Travel PR News/ — KLM Royal Dutch Airlines and Thalys have closed an agreement to continue developing their joint AirRail product with a view to making it more appealing to customers. The aim is to increase the number of passengers with connecting KLM flights at Amsterdam Airport Schiphol who travel from… Read the full press release

Alaska Air Group extends co-branded credit card agreement with Bank of America

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Continues Longstanding Relationship Through 2030   Expanded Partnership will Further Drive Credit Card Acquisition and Loyalty  Strengthened Benefits to be Introduced in the Second Half of 2022  New York, NY, 2022-Mar-29 — /Travel PR News/ — Alaska Air Group Inc. (NYSE: ALK) and Bank of America (NYSE: BAC) today (March 24, 2022) announced an extension of… Read the full press release

DHL Express announces Crew and Maintenance agreement with Singapore Airlines

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Singapore, 2022-Mar-11 — /Travel PR News/ — DHL Express, the world’s leading international express services provider, has entered into a Crew and Maintenance agreement (CM) with Singapore Airlines (SIA) to deploy five Boeing 777 freighters. This agreement marks a further step in DHL Express’ expansion of its intercontinental air network to meet customer demand in… Read the full press release

Qatar Airways’ investment in Air Italy and operations to the United States are fully compliant with the U.S.-Qatar Open Skies Agreement

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All agreed Open Skies conditions being met Airline cross-border investments never raised as a point of concern during negotiations DOHA, Qatar, 2019-Apr-15 — /Travel PR News/ — Following recent false accusations relating to Qatar Airways’ shareholding in Air Italy, such baseless statements and consistent inaccuracies need addressing as a matter of urgency. Qatar Airways holds… Read the full press release

Southwest Airlines announces tentative Agreement with the Aircraft Mechanics Fraternal Association (AMFA)

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DALLAS, TX, 2019-Apr-05 — /Travel PR News/ — The Mechanics and Related Employees at Southwest Airlines Co. (NYSE: LUV) will soon have the opportunity to vote on a new contract, as a Tentative Agreement has been reached with the Aircraft Mechanics Fraternal Association (AMFA). “Both parties worked hard to reach an agreement that rewards our Mechanics and protects… Read the full press release

Qatar Airways announces historic agreement that is first of its kind ever between the EU and a Gulf Cooperation Council (GCC) member state

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The historic agreement will be the first of its kind ever between the EU and a Gulf Cooperation Council (GCC) member state DOHA, Qatar, 2019-Feb-07 — /Travel PR News/ — Today (05 February 2019), European Commissioner for Mobility and Transport, Mrs. Violeta Bulc, announced that the European Union and the State of Qatar have concluded… Read the full press release

Emirates and South African Airways expand codeshare agreement

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Dubai, UAE, 2018-Dec-21 — /Travel PR News/ — Emirates, the world’s largest international airline and South African Airways (SAA), the South African flag carrier, are expanding their strategic cooperation with enhancements to its codeshare agreement, opening up new destinations for both Emirates and SAA customers. Pending governmental approval, SAA and Emirates have signed an enhanced… Read the full press release

HUNGARY: EIB and Budapest Airport sign 200 million loan agreement for the continued expansion and upgrades of Liszt Ferenc International Airport

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EUR 200 loan agreement between EIB and Budapest Airport allows further expansion of Hungary`s main airport; Activity is backed by the European Fund for Strategic Investments (EFSI), the heart of the Investment plan for Europe (or Juncker plan); Passengers to continue experiencing world-class service at the Airport; BUDAPEST, Hungary, 2018-Dec-18 — /Travel PR News/ — Continued… Read the full press release

Mainsail Lodging & Development expands franchise agreement with Oakwood to exclusively manage the Georgia and Tennessee markets

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TAMPA, FL, 2018-Dec-06 — /Travel PR News/ — Mainsail Lodging & Development, a Tampa-based hospitality company, announced today (Dec 4, 2018) it is expanding its franchise agreement with Oakwood to exclusively manage the Georgia and Tennessee markets. In addition to these new markets, Mainsail will continue to manage the Oakwood and ExecuStay brands across Alabama and… Read the full press release