Business Globalization - Business Travel News Business Globalization - Business Travel News

Share this page

NewsLog

July 27, 2015 - 01:10 PM ET

Delta Air Lines will invest $450 million in a 3.55 percent stake in China Eastern Airlines as part of an expanded partnership agreement, the carriers announced Monday. China Eastern also plans to add new routes and increase frequencies in North America. The two carriers, including China Eastern subsidiary Shanghai Airlines, codeshare on 43 domestic routes in China and 30 domestic routes in the United States. Delta’s investment requires approval from both carriers’ boards of directors.

July 26, 2015 - 06:15 PM ET

Polish carrier Lot plans to nearly double its fleet over the next five years and increase its service to Europe, North America and Asia significantly next year. Lot will add service to Tokyo in January 2016 and Bangkok and Seoul in fall 2016, and it will expand its current service to New York and Chicago in the 2016/2017 winter season, the carrier announced Sunday. Additionally, the carrier will add more than a dozen destinations—such as Venice; Cluj-Napoca, Romania; and Ljubljana, Slovenia—to its European network beginning in 2016, including restoration of service to markets it had discontinued under a restructuring plan with the European Union, such as Barcelona, Athens, Zurich and Nice, France.

July 26, 2015 - 04:40 PM ET

GlobalStar Travel Management named Milan, Italy-based Planetario Viaggi its latest travel agency partner. "After GlobalStar’s partner Seneca was bought by BCD Travel in May, Planetario fills an important gap in GlobalStar’s European network," according to the travel management company network.

July 23, 2015 - 12:55 PM ET

Alaska Airlines and China-based Hainan Airlines began a reciprocal partnership with their respective loyalty programs on Thursday. Members of Alaska’s Mileage Plan and Hainan’s Fortune Wings Club will earn miles on both carriers’ flights. Hainan connects to Beijing and Shanghai from Alaska’s main hub in Seattle.

July 22, 2015 - 12:55 PM ET

Avianca Brasil became Star Alliance's 28th member airline on Wednesday. The carrier, which has a mostly domestic network, adds 15 destinations in Brazil, bringing the network's total there to 27. Colombian airline Avianca, which is owned by the same conglomerate as Avianca Brasil, joined Star Alliance in 2012.

July 14, 2015 - 05:35 PM ET

AccorHotels named Christophe Alaux as CEO of hotel services of North America, Central America and the Caribbean, the company announced Tuesday. Alaux immediately replaces 42-year Accor veteran Roland de Bonadona and will identify and pursue growth opportunities, according to the company. He joined AccorHotels as COO of hospitality in France in 2008 and most recently served as CEO of hotel services for France and oversaw the Mercure and MGallery brands throughout Europe.

July 13, 2015 - 09:50 AM ET

Delta Air Lines will invest as much as $56 million in new shares of Brazilian low-cost carrier Gol, the carriers announced Friday. Delta also plans to guarantee a loan of as much as $300 million for Gol and to extend the commercial cooperation agreements with the Brazilian carrier that began in 2011. Gol’s largest shareholder, the family of founder Constantino de Oliveira, Jr., also plans to invest as much as $90 million in new shares.

July 06, 2015 - 05:35 PM ET

Louvre Hotels Group and Magnuson Hotels Worldwide have signed a partnership agreement to co-distribute their geographically complementary hotel portfolios to offer 2,500 hotels in more than 50 countries. Louvre Hotels Group’s new shareholder, Jin Jiang International Holdings, brings another 1,100 hotel rooms to the table. By signing this agreement, Magnuson hopes to gain access to the European, Latin American and Asian markets where Louvre has historic strength. Louvre stands to gain access to Magnuson’s strength in North America.

June 29, 2015 - 11:45 AM ET

Travelport announced U.S. subscribers "can now search, sell and book air content for travel to and from Cuba for authorized travelers," following the relaxing of U.S. government travel restrictions. Travelport global distribution system subscribers will have to sign a contract amendment to access the air content, according to Travelport.

June 25, 2015 - 12:25 PM ET

Both Air Canada and WestJet will add low-cost service to London’s Gatwick Airport. In summer 2016, Air Canada will begin seasonal service between Toronto and Gatwick on its low-cost Rouge subsidiary, the carrier announced Thursday. WestJet previously announced Gatwick as its first transatlantic destination; flights on its wide-body Boeing 767-300 aircraft will begin from an undetermined origination in spring 2016. Air Canada also announced it will add year-round mainline service between Montreal and Lyon, France, next summer.