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17. Flight Centre Outlines 2008/09 Result Expectations
Flight Centre Outlines 2008/09 Result Expectations. At June 30, FLT’s global cash and investment portfolio approached $800million. This portfolio’s cash weighting increased to 88% during the year as part of a more conservative treasury policy. The balance now includes a mix of fixed and floating rate notes (10%), corporate CDOs (2%) and asset or mortgaged backed securities and hybr
18. Coral Promotes Rushdi Al Ashkar to Regional Sales Director
Coral Promotes Rushdi Al Ashkar to Regional Sales Director. Coral Hotels & Resorts has promoted Rushdi Al Ashkar to the position of Regional Sales Director.
19. Marriott Rewards launches MegaBonus Promotion
Marriott Rewards launches MegaBonus Promotion. Marriott Rewards members will soon be able to earn points faster than ever with a MegaBonus promotion. Members will earn 2,500 MegaBonus points for every stay paid with their Visa Card starting with their second stay up to a maximum 25,000 points.
20. Ryanair to Open 34th Base at Leeds Bradford Airport
Ryanair to Open 34th Base at Leeds Bradford Airport. Ryanair is to open its 34th base at Leeds Bradford in March 2010 with two based aircraft and 14 new routes (17 in total) being launched. The low cost airline will offer 63 weekly return flights to / from Leeds Bradford in an investment worth over $140 million in the airport.
21. IFA Hotels & Resorts Reports Year End Profits of KD 30.85 millio
IFA Hotels & Resorts Reports Year End Profits of KD 30.85 millio. IFA Hotels & Resorts (IFA HR) has reported year end profits of KD 30.85 million (US$ 108 million), which is 77.75 fils per share (27 cents per share), with revenues totalling KD 52.8 million (US$ 184.67 million).
22. Afriqiyah Airways Takes Delivery of First Airbus A330
Afriqiyah Airways Takes Delivery of First Airbus A330. Afriqiyah Airways has taken delivery of its first Airbus A330-200 aircraft, becoming a new operator of this aircraft type. The new A330 will seat 230 passengers in a two-class cabin and will serve long-haul operations on routes from Tripoli to Africa and Europe.
23. Clive Doble joins Jumeirah Group as DOS in London
Clive Doble joins Jumeirah Group as DOS in London. Mr. Clive Doble has been appointed to the position of Director of Sales for the Jumeirah Group in London. Clive will be managing the sales team and is responsible for maximising rooms revenue, occupancy and market share, both for the Jumeirah Carlton Tower and Jumeirah Lowndes Hotel.
24. Australian & New Zealand Automobile Associations Form Partnership
Australian & New Zealand Automobile Associations Form Partnership. The New Zealand Automobile Association (NZAA) and Australian Motoring Services (AMS) representing each of the State/Territory based Australian Automobile Clubs, have combined resources to form a trans-Tasman tourism partnership.

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