News
Tiger Air May Sell Or Close Indonesia Affiliate
Singapore’s Tiger Airways aims to sell or close its Indonesian joint venture unless there are signs of it turning around this year, people familiar with the matter said. PT Mandala Airlines resumed flights in 2012 ...
Australia To Loosen Qantas Ownership Cap
The Australian government has agreed to loosen restrictions on foreign ownership of Qantas Airways that the loss-making national carrier says have put it at a disadvantage against its main domestic rival in a battle for ...
Etihad Needs Weeks To Examine Alitalia Books
Etihad Airways is expected to finish examining Alitalia’s books within a month as it ponders whether to invest in the loss-making Italian airline, Alitalia’s chief executive said on Wednesday. Alitalia has cu...
Delta To Award Air Miles Based On Ticket Price
Delta Air Lines is to make a major change to its frequent-flier plan, basing the number of miles earned on how much customers spend rather than the distance flown. The change, which will take effect next year, will sweet...
Qantas To Cut 5,000 Jobs, Shed Aircraft After Loss
Australian carrier Qantas plans to cut 15 percent of its workforce, sell older aircraft and reduce capital spending after reporting a first-half loss amid growing competition in both international and domestic operations...
Shanghai Marriott Hotel Parkview Opens
Marriott International, Inc. (NASDAQ: MAR) announced the opening today of the 317-room Shanghai Marriott Hotel Parkview, bringing the total number of properties in China under the flagship Marriott Hotels brand to 15. Marriott ...