News
Gran Meliá Cancun Converted to Paradisus Cancun Resort
Meli Hotels International announcedtoday the transformation of the Gran Meli Cancun property into a luxury all-inclusive Paradisus resort, to be completed by November 15, 2012. The new Paradisus Cancun will provide a sophistica...
Sheraton New Orleans Embarks On $45 Million Renovation
Slated for completion in 2013, the renovation is part of an ongoing effort to enhance Sheraton hotels across the globe, following the recently completed $6 billion brand-wide revitalization. Sheraton Hotels Resorts (NYSE:HOT) a...
Aer Lingus Rebuffs Latest Ryanair Bid
Aer Lingus called on its shareholders to reject a fresh bid from rival Irish airline Ryanair as analysts and investors questioned whether the deal would be allowed. Aer Lingus said the surprise bid from Ryanair, made aft...
Air France To Cut 5000 Jobs
Air France unveiled plans to cut more than 5,000 jobs by the end of next year as part of an effort to reduce costs and debt to return to growth in the face of tough market conditions in Europe and political pressure at h...
Airbus Forecasts A380 Sales, Boeing Talks Up 747
Airbus expects to sell at least 30 A380 superjumbos this year, a senior executive said on Wednesday while a counterpart at rival Boeing forecast strong middle eastern and Asian demand for its competing 747-8 model...
Transaero Airlines Firms Up Order for Four A380s
Transaero Airlines, Russias second largest airline, has completed a purchase agreement with Airbus for four A380 aircraft. The agreement was signed today by Olga Pleshakova, Transaero Airlines CEO and Christopher Buckley, Air...
