investment

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 months 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)…

3 months ago

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…

3 months ago

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…

3 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

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…

4 months ago

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…

5 months ago

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…

5 months ago

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…

7 months ago

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…

7 months ago

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,…

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…

10 months ago

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…

10 months ago

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,…

1 year ago

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…

1 year ago

Manchester Airport announces £440m investment to create thousands of jobs and boost economic growth in the North

New facilities will provide a great airport experience and attract new routes to the UK’s global gateway in the North…

1 year ago

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…

1 year ago

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…

2 years ago

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…

2 years ago

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…

2 years ago

Emirates helps preserve Dubai’s desert environment through ongoing investment at the Dubai Desert Conservation Reserve

DUBAI, UAE, 2022-Mar-04 — /Travel PR News/ — For almost 20 years, Emirates has helped support a sustainable and balanced…

2 years ago

Leading hospitality group Accor and investment leader Amundi adopted the Fondation de la Mer’s Ocean Framework

London, UK, 2022-Feb-12 — /Travel PR News/ — Amundi, a responsible investment leader, and Accor, a world-leading hospitality group, today…

2 years ago

Travel Oregon helps the tourism industry recover from the pandemic through multi-million-dollar investment

New Initiatives Support Tourism Infrastructure, Set Stage for Economic Recovery PORTLAND, Ore., 2021-Mar-30 — /Travel PR News/ — As Oregon…

3 years ago

Stagecoach announces major investment to introduce further 46 new fully electric buses across Scotland

Funding made available through Scottish Government’s Ultra-Low Emission Bus Scheme 22 double-deckers and 24 single-decker electric buses for Aberdeen, Kilmarnock…

3 years ago

Heathrow submits investment plan to expand the airport and connect all of Britain to global growth in the 2020s

Heathrow submits detailed investment plan to expand the airport and connect all of Britain to global growth in the 2020s…

4 years ago

SITA: Investment made by airlines and airports significantly improved both satisfaction levels for passengers and average processing time

Investment has resulted in significantly higher passenger satisfaction and shorter queues. Lisbon, Portugal, 2019-Nov-08 — /Travel PR News/ — Airlines and…

5 years ago

AAAE Urges Congress to Update Tax Code and Airport Financing Model to Boost Infrastructure Investment

Alexandria, Va., 2019-May-09 — /Travel PR News/ — With airlines collecting nearly $5 billion in baggage fees in 2018 along…

5 years ago

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

All agreed Open Skies conditions being met Airline cross-border investments never raised as a point of concern during negotiations DOHA,…

5 years ago

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