financial

KLM Group Reports Q1 Revenues of €2.7 Billion Despite €290 Million Operational Loss

(IN SHORT) Despite posting strong first-quarter revenues of €2.7 billion, the KLM Group faced an operational loss of €290 million.…

14 hours ago

SAS AB (PUBL) Annual General Meeting: Leadership Continuity and Financial Prudence

(IN SHORT) During the 2024 Annual General Meeting of SAS AB (PUBL) held on March 18, several resolutions were passed,…

1 month ago

Accor Announces Share Repurchase Agreement with Jinjiang International

(IN SHORT) Accor has finalized a share purchase agreement to repurchase 7 million of its own shares from Jinjiang International,…

2 months ago

Qantas Group Reports $1.25 Billion Underlying Profit Before Tax in First Half of FY24

Underlying Profit Before Tax: $1.25 billion (down 13 per cent) Statutory Profit After Tax: $869 million (down 13 per cent)…

2 months ago

Minor Hotels Achieves Record Revenue in 2023, Projects Strong Growth Ahead

Full-year revenue tops THB 121.4 bn (approx. USD 3.4 bn) in 2023. Core net profit in 2023 increases 450% versus…

3 months ago

Cathay Pacific Redeems 50% of Hong Kong Government’s Preference Shares, Aims to Complete Buyback by July 2024

Cathay has bought back 50% of the Hong Kong SAR Government’s preference shares and plans to buy the remainder by…

5 months ago

PATA and Visa Empower Southeast Asian Tourism SMEs with Finance and Digital Skills Workshops

(IN SHORT) The Pacific Asia Travel Association (PATA) has successfully concluded a series of finance and digital skills workshops for…

6 months ago

Spirit Airlines Reports Strong Unit Revenue Despite Soft Summer Travel Demand in Second Quarter 2023

MIRAMAR, Fla., 2023-Aug-05 — /Travel PR News/ — Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) reported second quarter…

9 months ago

Booking Holdings Reports Strong Second Quarter 2023 Financial Results with Record Gross Bookings and Increased Net Income

NORWALK, CT, 2023-Aug-05 — /Travel PR News/ — Booking Holdings Inc. (NASDAQ: BKNG) (the "Company," "we," "our," or "us") reported…

9 months ago

San José Mineta International Airport Reports Strong Summer Passenger Volumes and Positive Outlook for Growth

Record days in June; Passenger volumes holding steady at over 1 million per month  SAN JOSE, Calif., 2023-Aug-01 — /Travel…

9 months ago

Aer Lingus Records Strong H1 2023 Performance, Focusing on Recovery and Future Investment

Dublin, Ireland, 2023-Jul-29 — /Travel PR News/ — Aer Lingus recorded an operating profit before exceptional items of €40 million…

9 months ago

Historic Environment Scotland announces £3.5m in grants to 11 organisations through its new Partnership Fund grant scheme

National Trust for Scotland, Keep Scotland Beautiful and the Scottish Civic Trust amongst those receiving funding from Historic Environment Scotland…

1 year ago

Royal Caribbean Group Releases 15th Annual Seastainability Report, Marking a Milestone Year for its ESG Efforts

Expanding on 15 years of sustainability reporting, the company also releases its first Task Force on Climate-Related Financial Disclosures Report…

1 year ago

Chicago Department of Aviation introduces ordinance to aid small business concessions at O’Hare and Midway airports hit by COVID-19 pandemic

Ordinance provides for amended agreements with small businesses proving services to passengers at O’Hare, Midway Chicago, IL, 2023-Apr-21 — /Travel…

1 year ago

Flughafen Wien AG Soars to New Heights with Strong Profit Jump in 2022

Strong jump in profits in 2022: Flughafen Wien AG demonstrates its strength following the coronavirus-related downturn   Business results in…

1 year ago

Choice Hotels International partners with Wells Fargo and Mastercard to launch new cobranded credit card program this spring

Offering enhanced rewards and benefits for members, the new Choice Privileges Mastercard will launch this spring. Existing cardmembers will be converted to…

1 year ago

Mayor Lightfoot and DCASE Announce $11M in Grants for Chicago Arts Organizations’ Recovery

Department of Cultural Affairs and Special Events (DCASE) Announces 2023 Cultural Grants, Furthering City’s Investment in Arts Recovery CHICAGO, IL,…

1 year ago

Hotel Industry Set to Rebound: Surpassing Pre-Pandemic Demand, Revenue, and Tax Revenue in 2023

2023 AHLA State of the Industry forecasts opportunities, challenges WASHINGTON, DC, 2023-Jan-31 — /Travel PR News/ — The hotel industry…

1 year ago

Join the Discussion on Auckland Airport’s FY23 Interim Results with CEO and CFO

Analyst and media webcast for FY23 interim results Auckland, New Zealand, 2023-Jan-19 — /Travel PR News/ — Auckland Airport’s interim…

1 year ago

SAS Concludes Lessors Negotiations and Expects to Achieve Targeted Cost Savings in Chapter 11 Process

Stockholm, Sweden, 2023-Jan-16 — /Travel PR News/ — SAS AB (“SAS” or the “Company”) announces that it has reached agreements…

1 year ago

Qatar Airways Privilege Club announces its latest partnership with Visa

This expanded partnership creates a new world of opportunities for Privilege Club members to collect and spend Avios Doha, Qatar,…

2 years ago

Choice Hotels to release 2022 third quarter earnings results on Monday, November 7, 2022

ROCKVILLE, Md., 2022-Oct-12 — /Travel PR News/ — Choice Hotels International, Inc. (NYSE: CHH), one of the world's largest lodging franchisors, will report…

2 years ago

Hyatt Hotels Corporation updates on operating results for May, summer travel booking trends, and closes on asset dispositions

System-wide RevPAR Accelerates in May; Future Bookings Continue to Strengthen Chicago, IL, 2022-Jun-07 — /Travel PR News/ — In conjunction…

2 years ago

Qantas adds new payment option with buy now, pay later provider Zip

Qantas to offer buy now, pay later option for flights for the first time Frequent Flyers can earn extra Qantas…

2 years ago

Agoda to offer interest-free credit card installments across its booking platform in partnership with Visa

SINGAPORE, 2022-May-12 — /Travel PR News/ — Global travel platform Agoda, today (May 11, 2022 ) announced its partnership with…

2 years ago

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

Continues Longstanding Relationship Through 2030   Expanded Partnership will Further Drive Credit Card Acquisition and Loyalty  Strengthened Benefits to be Introduced…

2 years ago

Qantas Loyalty launches its latest financial services product — Qantas Business Money

SYDNEY, AUSTRALIA, 2022-Feb-23 — /Travel PR News/ — Qantas Business Rewards is making it easier for Australian companies to do…

2 years ago

Finavia and The Nordic Investment Bank sign loan agreement to support Helsinki Airport expansion program

Vantaa, Finland, 2021-Oct-27 — /Travel PR News/ — Finavia and The Nordic Investment Bank (NIB) have signed a 15-year loan…

3 years ago

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