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33. Thai Airways Signs U-Tapao Airport MOU
Last week, Admiral Naris Pratumsuwan, Commander-in-Chief of the Royal Thai Navy, Mr. Chokchai Panyayong, Deputy Secretary-General, Eastern Economic Corridor Office (EECO), and Mrs. Usanee Sangsingkeo, Acting President of Thai Airways, signed a Memorandum of Understanding that grants the national airline the rights to operate at U-Tapao International Airport in the Eastern Special D
34. CMIG Aviation Delivers Boeing 737 MAX 8 to Lion Air
CMIG Aviation Capital, an aircraft leasing company wholly owned by China Minsheng Investment Group, has delivered a Boeing 737 MAX 8 aircraft (MSN 43000), fitted with CFM-LEAP-1B engines, to Lion Air.
35. Trump Hotel & Tower New York to Complete Renovation by September
Trump International Hotel & Tower New York, a Forbes Five-Star/AAA Five-Diamond luxury hotel in Manhattan overlooking Central Park, has announced that it expects the renovation of its guest rooms, suites and common spaces to be finished by September.
36. Hong Kong Airport Reports Record Passenger Traffic and Flight Movements
Passenger volume at HKIA in July 2018 grew to 6.7 million, representing a year-on-year increase of 2.2%, while flight movements climbed 1.1% over the same period last year to 36,685. Cargo and airmail throughput remained steady in July at 433,000 tonnes compared to last year.
37. Travel & Tourism Generated 18% of New Zealand’s GDP in 2017
Research published by the World Travel & Tourism Council has shown that in 2017, the total contribution of travel and tourism accounted for 17.9% (NZD$47.5bn) of New Zealand’s GDP. This figure is set to rise by 2.9% per annum and forecast to account for 20% of New Zealand GDP over the next decade.
38. Expedia Buys AirAsia’s Remaining 25% Equity in AAE Travel
Expedia has purchased the remaining 25% equity of AirAsia Berhad’s interest in AAE Travel Pte Ltd, the joint venture formed by the two firms in March 2011 and in which Expedia Group has held 75% equity since 2015. The cash consideration is $60 million, net of AirAsia’s concurrent purchase of AirAsiaGo.com domain names and related assets from AAE Travel Pte Ltd.
39. United Airlines Launches Corporate Travel Program
United Airlines has launched United Corporate Preferred, a corporate travel program designed to offer travel benefits to the airline's most loyal business customers. A multi-level program, United Corporate Preferred offers escalating benefits at three levels, including United Corporate Preferred, United Corporate Preferred Plus and United Corporate Preferred Elite.
40. Sabre Launches Business Travel Services Solution for Hoteliers
Sabre has launched Business Travel Services, a new consolidated solution suite that will offer hoteliers easy-to-use tools with time-saving automations and simplified processes; access to industry insights and expert guidance; and unlimited access to travel management companies and consortia partners – all in one place.

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