News

Air France May Cut Long-Haul If Pilots Resist Changes

Air France May Cut Long-Haul If Pilots Resist Changes Air France is threatening to cut 10 percent of its long-haul network by 2017 unless pilots accept cost-cutting changes to their work conditions. The airline has a target to ...


Boeing Sticks With 747 Despite Sales Drought

Boeing Sticks With 747 Despite Sales Drought Boeing is sticking with its current production plans for the 747 despite a cancelled order that left no new orders for the plane in 20 months. Nippon Cargo Airlines cancelled an orde...



Mövenpick Hotel Riyadh Opens

Mövenpick Hotel Riyadh Opens The brand new Mövenpick Hotel Riyadh opened its doors today marking the debut of the Mövenpick Hotels Resorts brand in Saudi Arabia’s capital city. The five-star property features 438 luxury ro...


Kenya Airways Gets USD$240 Mln In Loans

September 2, 2015 Kenya Airways Gets USD$240 Mln In Loans Kenya has provided a KES4.2 billion shilling (USD$40 million) loan to loss-making Kenya Airways, while African Export-Import Bank (Afreximbank) has approved a USD$200 mi...



The New York Palace Hotel Relaunches As LOTTE New York Palace

LOTTE Hotels Resorts, a Korea-based owner and operator of luxury hotels, announced last week the relaunch of The New York Palace, an iconic luxury hotel in midtown Manhattan, as LOTTE New York Palace. LOTTE Hotels Resorts assu...


Sheraton Bucharest Hotel Opens in Romania

Sheraton Bucharest Hotel Opens in Romania Starwood Hotels Resorts Worldwide, Inc. (NYSE:HOT) today announced its market entry in Romania with the opening of the Sheraton Bucharest Hotel, centrally located in one of the most ch...