Major Airlines Boost Partnership with WestJet Through Unprecedented Moves - Massive Investment, Surprising Equity Sharing, and Expansive Global Cooperation Plans. Delta Intends to Transfer 2.3% Stake to Air France-KLM for $50 Million
With investments of billions of dollars and cooperation between public and private sectors, the project is set to accelerate economic growth in the Philippines – creating jobs, strengthening peripheral regions, and positioning the country as a central air hub in Southeast Asia
Leonardo Central Europe is investing millions in lifestyle and boutique hotels. Yoram Biton, CEO of Leonardo Hotels Central Europe: “The expansion of our hotel portfolio with Leonardo Limited Edition adds a unique collection of exceptional properties"
The airline’s largest investment to date will support new aircraft acquisitions, fuel efficiency, and long-term growth across its European network
The IPO is partnered with Jared Kushner's "Infinity Partners Fund". If the IPO proceeds, it is expected to be one of the largest in recent years on the local stock exchange, signaling recovery and renewed openness to foreign investments despite security and geopolitical challenges
London Gatwick Airport will be renewed with 8 new boarding gates that will reduce about 12,000 bus trips on the airfield: "Not only will it shorten waiting time, it will also contribute to environmental quality"
The hotel chain strengthens its presence in the Italian market with the opening of Leonardo Boutique Hotel Rome Monti, its ninth property in Italy. Yoram Biton, CEO of Leonardo Hotels Central Europe: “We are not only strengthening our presence in Rome but also continuing our strategic investment in developing the Italian market.”
New electric power units will be installed at Larnaca and Paphos airports aimed at reducing carbon dioxide emissions and improving energy efficiency
The important and leading conference focuses on hot spots for hotel development in Central and Eastern Europe and beyond. Among the important trends presented: Albania as a tourist destination with the launch of direct flights to Tel Aviv and a significant increase in tourism to Austria
Eurowings is set to upgrade its fleet with 40 state-of-the-art Boeing 737-8 MAX aircraft, aiming to drastically cut carbon emissions while enhancing the passenger experience
