News
The Luxury Collection Hotels and Resorts Invests $200 Million to Restore Iconic Heritage Hotels in Europe
From the International Luxury Travel Market (ILTM), The Luxury Collection Hotels Resorts, part of Starwood Hotels Resorts Worldwide, Inc. (NYSE: HOT), today announces that the company and its owners are investing $200 million t...
XL Airways France Becomes a New A330-300 Operator
XL Airways France expands its Airbus fleet following the delivery of its first brand new A330-300 from the manufacturer’s headquarters in Toulouse, France. Operated under a leasing agreement with GECAS, the aircraft is powere...
Qatar Gives New Backing To Airbus A350
Qatar Airways has upgraded an order for Airbus A350 aircraft to larger variants, a move that includes new backing for a model designed to compete with Boeing’s 777. Airbus announced the move as the influential Gulf...
Lufthansa To Cut Costs At Long-Haul Business
Lufthansa said it needs to cut costs at its profitable long-haul business to cope with high fuel prices and stiff competition from Gulf carriers. Lufthansa said in an employee newsletter distributed on Monday that it aim...
Airbus A320 ‘Sharklets’ Get EU Green Light
Airbus has won approval from European authorities to deploy drag-reducing wingtip devices that will allow airlines to cut fuel bills by more than it had expected. The so-called sharklets, which are made from composite ma...
Finland Should Cut Its Finnair Stake
Finland should cut its controlling stake in Finnair to free up the airline to form the partnerships it needs to stand up to competition from low-cost carriers, a minister said. Heidi Hautala, minister responsible for sta...
