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
Tag Archives: financial
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 business overseas through a global payments platform that also allows them to earn Qantas Points. Qantas Business Money will be available in the second quarter of the year to more than 350,000 small and medium… Read the full press release
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 agreement of EUR 25 million to finance the fourth and final phase of the strategic investment programme, which includes the extension of the Terminal 2 at Helsinki Airport. Helsinki Airport has been undergoing extensive work… Read the full press release
Danske Bank opens The Drop Zone digital hub at George Best Belfast City Airport
Belfast, Northern Ireland, 2021-Oct-15 — /Travel PR News/ — A new digital hub sponsored by Danske Bank has opened at George Best Belfast City Airport to help business and leisure travellers stay connected. The Drop Zone, located in the airport’s Departures Lounge, offers passengers the chance to have a seat while charging their phones, tablets… Read the full press release
Chase Card Services and Hyatt launch new World of Hyatt Business Credit Card
Introducing first-ever adaptive rewards accelerator from Chase for small business owners to earn double World of Hyatt points on categories where they spend the most CHICAGO, IL, 2021-Oct-10 — /Travel PR News/ — Today (October 6, 2021), Chase Card Services (NYSE: JPM) and Hyatt Hotels Corporation (NYSE: H) announced the launch of the new World… Read the full press release
Hyatt Announces Pricing of Public Offering of 7,000,000 Shares of Common Stock
CHICAGO, IL, 2021-Sep-25 — /Travel PR News/ — Hyatt Hotels Corporation (“Hyatt” or the “Company”) (NYSE: H), a leading global hospitality company, announced today (September 22, 2021) the pricing of its underwritten registered public offering of 7,000,000 shares of its Class A common stock at a public offering price of $74.50 per share. The underwriters… Read the full press release
Choice Hotels: Ascend Hotel Collection and Cambria Hotels achieved domestic room count growth of 24% YOY
Cambria Hotels Produces Strongest RevPAR Index in 2021 Versus Local Competitors in Brand History, while Ascend Hotel Collection Outperforms Upscale Chain Scale in RevPAR by 26 Percentage Points in Second Quarter 2021, Compared to 2019 ROCKVILLE, Md., 2021-Sep-22 — /Travel PR News/ — Choice Hotels International, Inc.’s (NYSE: CHH) upscale brands, the Ascend Hotel Collection and Cambria Hotels, achieved impressive… Read the full press release
IATA July 2021 global air cargo market: demand up 8.6% vs July 2019
Geneva, Switzerland, 2021-Sep-02 — /Travel PR News/ — The International Air Transport Association (IATA) released July 2021 data for global air cargo markets showing that demand continued its strong growth trend. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise noted, all comparisons below are to… Read the full press release
Historic Environment Support Fund awards £241,995 to more than 20 heritage projects
Funding to provide training opportunities and the restoration of historic structures will benefit local communities and economies throughout Scotland EDINBURGH, Scotland, 2021-Jul-29 — /Travel PR News/ — A historic Tolbooth steeple in Fife, the B-listed former Govanhill Picture House and a traditional skills training programme targeting disadvantaged people in Perth and Kinross are just some… Read the full press release
East London charitable projects to benefit from City Airport Community Fund grants
Community Fund provides financial backing to local groups working to build stronger, safer, and healthier communities in East London 12 local charities and not for profit organisations awarded £3k grants to enable significant and positive change for East Londoners Funding from the airport’s Community Fund reaches a total of £75,000 in 2021 London, UK, 2021-Jul-24… Read the full press release
Travel Oregon’s Competitive & Recovery Grant Program awards $2.4 million to projects to support and prepare communities for COVID-19 safe travel
Portland, ORE., 2021-May-04 — /Travel PR News/ — The Oregon Tourism Commission, dba Travel Oregon has awarded $2,408,264.67 through its Competitive & Recovery Grant Program to support economic recovery by investing in projects that enhance and expand the visitor experience and prepare communities and visitors for COVID-19 safe travel. For this grant cycle, Travel Oregon… Read the full press release
Nine mountain communities to get support from Vail Resorts $3.3 million COVID-19 emergency relief and behavioral health grants
BROOMFIELD, Colo., 2020-Dec-16 — /Travel PR News/ — Vail Resorts’ Chief Executive Officer, Rob Katz, and his wife, Elana Amsterdam, New York Times bestselling author and founder of Elana’s Pantry, today (Dec. 11, 2020) announced more than $3.3 million in COVID-19 emergency relief and behavioral health grants. In nine communities where Vail Resorts operates, these… Read the full press release
Air Canada announces partnership with Uplift
Turn Travel Dreams into Reality with Fixed, Affordable Monthly Payments MONTREAL, CANADA, 2020-Dec-10 — /Travel PR News/ — Air Canada and Uplift today (Dec. 8, 2020) announced a new collaboration, giving the airline’s customers access to Uplift’s flexible, financing options. Travellers can now book flights from Canada and the U.S. to destinations throughout Air Canada’s global… Read the full press release
Shannon Group welcomes financial support from the Government
Shannon, Ireland, 2020-Nov-11 — /Travel PR News/ — Welcoming today’s (10 November 2020) announcement of €80 million Government funding for the Irish aviation sector including Shannon Airport, Mary Considine, CEO, Shannon Group, which operates Shannon Airport said: “Today’s announcement of financial support for Shannon Airport and the aviation sector is very welcome. It comes against… Read the full press release
Budget 2021: EUR 10 million support package for Shannon and Cork airports
Shannon, Ireland, 2020-Oct-15 — /Travel PR News/ — Shannon Group has welcomed the announcement in Budget 2021 of a €10 million support package for Shannon and Cork airports. Commenting on the funding, a Shannon Group spokesperson said: “This funding for capital expenditure is very welcome and will assist us as we navigate our way through… Read the full press release
COVID-19: IATA calls for aviation-specific financial relief measures from the Kingdom of Saudi Arabia
Riyadh, Saudi Arabia, 2020-May-14 — /Travel PR News/ — The International Air Transport Association (IATA) is calling for aviation-specific financial relief measures from the government of the Kingdom of Saudi Arabia to address the severe impact of the COVID-19 crisis on the air transport sector. IATA estimates that revenues generated by airlines in the Saudi… Read the full press release
COVID-19: IATA calls for aviation-specific financial relief measures from Nigerian Government
Lagos, Nigeria, 2020-May-08 — /Travel PR News/ — The International Air Transport Association (IATA) called for aviation-specific financial relief measures from the government of Nigeria to address the severe impact of the COVID-19 crisis on the air transport sector. Air transport has ground to a halt in efforts to stop the spread of COVID-19. Along… Read the full press release
Swissport announces solid 2019 result with 4.7 percent year-on-year revenue growth
Opfikon, Switzerland, 2020-Apr-30 — /Travel PR News/ — Swissport achieved an operating EBITDA of 272.3 million euros in 2019, roughly on par with the previous year result of 273.2 million euros. The group’s revenue from operating activities increased to 3.13 billion euros, up 4.7 percent from 2.99 billion euros in 2018. With revenue of 3.13… Read the full press release
Southwest Airlines to receive disbursement of funds included in the Payroll Support Program under the CARES Act
DALLAS, TEXAS, 2020-Apr-22 — /Travel PR News/ — Southwest Airlines today (Apr 20, 2020) finalized terms with the United States Department of Treasury regarding the acceptance and disbursement of funds included in the Payroll Support Program under the CARES Act. As part of the agreement, Southwest will receive more than $3.2 billion in disbursements over… Read the full press release
Qatar Airways Group increases shareholding in International Consolidated Airlines Group, S.A.
Doha, Qatar, 2020-Feb-20 — /Travel PR News/ — Qatar Airways Group Q.C.S.C. (“Qatar Airways”) is pleased to announce that it has increased its shareholding in International Consolidated Airlines Group, S.A. (“IAG”) from 21.4 per cent to 25.1 per cent. Qatar Airways Group Chief Executive Mr. Akbar Al Baker stated, “Our investment to date has been… Read the full press release
Swissport increased its revenue to EUR 1,526.0 million in the first half of 2019
Opfikon, Switzerland, 2019-Sep-08 — /Travel PR News/ — Swissport increased its revenue to EUR 1,526.0 million in the first half of 2019 compared to EUR 1,437.9 million in the first half of 2018 (plus 6.1%). The company’s revenue growth continued to be profitable with its operating EBITDA up 7.2% to EUR 121.9 million for the first… Read the full press release
George Best Belfast City Airport Community Fund provides financial support to Whiterock Children’s Centre in Belfast
BELFAST, Northern Ireland, 2019-Aug-07 — /Travel PR News/ — George Best Belfast City Airport Community Fund has provided financial support to Whiterock Children’s Centre in Belfast. The Centre provides a range of activities and services to support local families including accessible, quality childcare, family learning and also training courses to stimulate the social, educational and economic… Read the full press release
Southwest Airlines releases 2018 One Report
DALLAS, TX, 2019-Apr-24 — /Travel PR News/ — Southwest Airlines Co. (NYSE: LUV) today (Apr 22, 2019) released the Company’s 2018 One Report, an integrated citizenship report highlighting a commitment to the triple bottom line of Performance, People, and Planet. The detailed publication showcases Southwest’s three-pronged approach taken to focus on global citizenship, financial performance, and key… Read the full press release
Choice Hotels declares cash dividend on the Company’s common stock of $0.215 per share
ROCKVILLE, Md., 2019-Apr-22 — /Travel PR News/ — Choice Hotels International, Inc. (NYSE: CHH), one of the world’s largest lodging franchisors, announced its Board of Directors has declared a cash dividend on the Company’s common stock of $0.215 per share. The dividend is payable on July 17, 2019, to stockholders of record on July 2, 2019. About Choice Hotels Choice… Read the full press release
Alaska Air Group to announce its first quarter 2019 financial results on Thursday, April 25, 2019
SEATTLE, WASHINGTON, 2019-Apr-02 — /Travel PR News/ — Alaska Air Group Inc., the parent company of Alaska Airlines, Inc. and Horizon Air Industries Inc., will announce its first quarter 2019 financial results on Thursday, April 25, 2019. A conference call is scheduled at 4:30 p.m. Eastern time /1:30 p.m. Pacific time. Interested parties may listen to the call… Read the full press release
Siris Capital Group and Evergreen Coast Capital to acquire all the outstanding common shares of Travelport for $15.75 per share in cash
Agreement with Siris Capital and Evergreen Coast Capital Travelport to continue technical innovation under private ownership Guidance updated. Acquisition expected to close Q2 2019 LANGLEY, U.K., 2018-Dec-14 — /Travel PR News/ — Travelport Worldwide Limited (“Travelport”) (NYSE: TVPT), a leading travel technology company, today (10 December 2018) announced that it has entered into a definitive… Read the full press release
Norwegian to release 3Q results on Thursday 25 October 2018
LONDON, UK, 2018-Oct-02 — /Travel PR News/ — Norwegian will release the third quarter results Thursday 25 October 2018. The report will be made available at 7:00 AM (CET) at norwegian.com and newsweb.no. The Company will present the results at 8.30 AM (CET) at its interim headquarter in Snarøyveien 36, Fornebu. The presentation will be held… Read the full press release