investment

Ryanair Expands Shannon Operations with 4th Based Aircraft and Three New Winter Routes

(IN SHORT) Ryanair’s announcement of a fourth based aircraft at Shannon Airport for Winter 2025/26 brings three new routes to…

7 months

Korean Air and Delta Air Lines Strengthen Their Partnerships with WestJet Through Strategic Equity Investments

(IN SHORT) Korean Air and Delta Air Lines have announced their purchase of minority equity stakes in WestJet, strengthening their…

8 months

ANA HOLDINGS Inc. Announces Investment in Otetsutabi, Inc. Through ANA Future Frontier Fund L.P.

(IN SHORT) ANA HOLDINGS Inc., through its ANA Future Frontier Fund L.P., has invested in Otetsutabi, a platform that connects…

8 months

Japan Airlines Invests in Heirloom Carbon Technologies to Advance Net Zero Goals

(IN SHORT) Japan Airlines (JAL) has invested in Heirloom Carbon Technologies, a California-based leader in Direct Air Capture (DAC) technology,…

1 year

Singapore Airlines Unveils S$1.1 Billion A350 Cabin Upgrade, Featuring New First Class for Ultra-Long-Haul Flights

(IN SHORT) Singapore Airlines has committed S$1.1 billion to retrofit its Airbus A350 fleet, introducing upgraded First, Business, Premium Economy,…

1 year

Accor Launches €500 Million Hybrid Bond Issuance and Tender Offer to Optimize Debt Structure

(IN SHORT) Accor has announced its plan to issue new €500 million hybrid bonds, which are deeply subordinated and have…

1 year

Cathay Invests HK$100 Billion to Elevate Hong Kong’s Aviation Hub Status

(IN SHORT) Cathay Group is investing over HK$100 billion to strengthen Hong Kong's international aviation hub, focusing on fleet expansion,…

1 year

British Airways Pioneers Green Ground Operations with Heathrow Investment

More than 90% of British Airways’ vehicles and ground equipment at Heathrow are now zero emissions when being used or…

2 years

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 years

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 years

UN Tourism Focuses on Resilience Building in Jamaica

(IN SHORT) During an official visit to Jamaica, UN Tourism led by Secretary-General Zurab Pololikashvili emphasized the importance of building…

2 years

Shannon Airport Reports Record Growth in 2023, Eyes Further Expansion

“Ultimately, Shannon’s permanent inclusion in the Regional Airports Programme will deliver economic benefits for Ireland” says The Shannon Airport Group…

2 years

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…

2 years

FITUR 2024: UNWTO Highlights Tourism Investment, Sustainability, and Collaboration

(IN SHORT) The FITUR International Tourism Trade Fair, with Ecuador as the official partner country, is set to be a…

2 years

Emirates SkyCargo Concludes a Year of Growth and Investment, Poised for Further Expansion in Air Logistics

(IN SHORT) Emirates SkyCargo, the cargo division of Emirates, has completed a year of substantial growth and investment, underlining its…

2 years

Emirates Invests Over AED 186 Million in Fine Wines for In-Flight Experience

(IN SHORT) Emirates is enhancing its in-flight experience by introducing an array of exceptional wines onboard its global flights. The…

2 years

Daimler Buses UK Focuses on eMobility and Workforce Expansion in Coventry

London, UK, 2023-Oct-15 — /Travel PR News/ — Daimler Buses UK Ltd shapes its future in eMobility and the workforce…

2 years

Alaska Airlines Invests in AI Company Assaia to Enhance Turnaround Efficiency and Sustainability

The 5th largest US airline, known for its award-winning passenger experience and genuine caring service, is set to play an important role…

2 years

Ethiopian Airlines Partners with AAICEC to Establish International Convention Center in Addis Ababa

Addis Ababa, Ethiopia, 2023-Aug-21 — /Travel PR News/ — Ethiopian Airlines Group, the fastest-growing global airline brand and the continent’s largest airline,…

2 years

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…

2 years

Boeing Invests $950,000 in Scholarships to Foster Diversity and Talent for Future Pilots

Expanding and diversifying the talent pipeline for careers in commercial aviation $950,000 for flight training and education scholarships, including programs…

2 years

Qantas unveils $100m plan to revolutionize lounge experience with new flagship lounge at Heathrow

Sydney, Australia, 2023-Feb-23 — /Travel PR News/ — Qantas will significantly enhance its network of lounges in Australia and overseas,…

3 years

Emirates announces $135 million investment to build a new state-of-the-art pilot training facility in Dubai

An advanced facility with Full Flight Simulator Bays (FFS) for Emirates’ new Airbus A350 and Boeing 777X fleet When ready…

3 years

Bristol Airports announces £4 million investment to enhance its retail and catering facilities

London, UK, 2022-Dec-04 — /Travel PR News/ — This week marks the beginning of a period of development for Bristol…

3 years

London City Airport announces £12m investment to upgrade its departures area

Investment of £12m along with SSP, Lagardère Travel Retail and WHSmith Upgrade will see 30% more seating, two new dining…

3 years

dnata to further enhance its environmental efficiency with US$ 100 million investment

Global air and travel services provider to reduce its carbon footprint by 50% by 2030 Dubai, UAE, 2022-Jun-08 — /Travel…

4 years

Emirates partners with Jebel Ali Free Zone to support Dubai’s efforts in establishing itself as one of the world’s preferred investment destinations

Cooperation supports Dubai’s growing SME ecosystem by promoting attractive business environment DUBAI, UAE, 2022-May-13 — /Travel PR News/ — Emirates…

4 years