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- 97. AirAsia X to launch Flights to Chengdu
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AirAsia X to launch Flights to Chengdu. AirAsia is to launch flights between Kuala Lumpur and Chengdu, China. The flights, which will commence on 20 October 2009 with four direct flights per week, will be operated by AirAsia X, the low cost long-haul airline affiliate of AirAsia.
- 98. AirAsia X Moves from Stansted to Gatwick
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AirAsia X has moved its station in London from London Stansted International Airport to Gatwick Airport. To commemorate this event, AirAsia X, the Malaysian-based long haul, low cost affiliate of AirAsia, is offering travellers the opportunity to walk the streets of London and explore the wide variety of museums and monuments for RM 689 (£151) from Kuala Lumpur to London.
- 99. AirAsia X Reports Net Profit of RM202 Million
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AirAsia X Berhad, the long-haul low-cost airline affiliate of the AirAsia Group, reported its financial results for Q4 2015 and the full financial year ended 31 December 2015 on Friday. AirAsia X achieved a turnaround in Q4 2015’s bottom-line with a net profit of RM202 million as compared to a net loss of RM168 million in Q4 2014. The operating profit grew 8% year-on-year to RM115
- 100. Further Fourth Quarter Capacity Reductions at American Airlines and American Eagle
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Further Fourth Quarter Capacity Reductions at American Airlines and American Eagle. American Airlines and its regional affiliate, American Eagle, have released additional details of their capacity reductions for the fourth quarter of 2008. The reductions are in line with American’s previously announced plans of cutting fourth quarter domestic capacity by 11 to 12% and regional affi
- 101. The Venetian and The Palazzo in Las Vegas to be Designated as InterContinental Alliance Resorts
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The Venetian and The Palazzo in Las Vegas to be Designated as InterContinental Alliance Resorts. IHG has signed a ten-year license agreement with Las Vegas Sands Corp. to affiliate The Venetian and The Palazzo with the InterContinental Hotels & Resorts global portfolio. The Venetian and The Palazzo will maintain their independent and established identities. Both resorts combined of
- 102. Former Head of U.S. and NATO Forces in Europe joins Boeing Board
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Former Head of U.S. and NATO Forces in Europe joins Boeing Board. Gen. Jones, former Supreme Allied Commander Europe, and Commander of the United States European Command, currently is President and CEO of the Institute for 21st Century Energy, an affiliate of the U.S. Chamber of Commerce in Washington, D.C. He began his association with the institute on March 1 of this year after 4
- 103. IHG Sells InterContinental London Park Lane
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InterContinental Hotels Group has agreed to sell InterContinental London Park Lane to Constellation Hotel (Opco) UK S.A., which is an affiliate of Constellation Hotels Holding Limited, a Middle Eastern private investment group. IHG’s leasehold interest in the hotel has been sold for gross cash proceeds of £301.5m, 62% above 31 December 2012 net book value.
- 104. FCm Expands into Tanzania and Mozambique
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FCm has signed two new partner agreements in Africa with the global travel management company (TMC), now offering local services in Mozambique and Tanzania. FCm has extended its partner arrangement with Alive, an affiliate of OnTourism Capital Investments, to offer on-the-ground travel management services in Mozambique. FCm is already partnered with Alive in Portugal and Angola, an
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