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137. Singapore Airlines Group Reports H1 Results
Singapore Airlines Group has reported an operating profit of $302 million for the first half of the 2016-17 financial year, improving $62 million (+25.8%) year-on-year. Group revenue declined $273 million from one year ago to $7,305 million (-3.6%). Passenger flown revenue from the parent airline company fell $320 million (-6.4%), as downward pressure on yields persisted.
138. Boeing Awards US$50+ Million in Grants to Over 500 Nonprofit Organizations
Boeing has awarded more than $50 million in grants to more than 500 nonprofit organizations across 50 countries globally. The annual contributions include a three-year commitment of more than $25 million in support of veterans' recovery and rehabilitation programs and transition services.
139. Legacy Alliances Have Outlived Their Usefulness Says Etihad CEO
According to Abu Dhabi-based Etihad Airways President and Chief Executive Officer, James Hogan, legacy airline alliances have outlived their usefulness. Mr Hogan delivered a keynote speech at the International Aviation Club in Washington, D.C., on Wednesday. He said Etihad Airways unique business model, which is a combination of organic growth, codeshares and minority equity inve
140. President of Zanzibar opens Fairmont Zanzibar Resort
President of Zanzibar opens Fairmont Zanzibar Resort. The Fairmont Zanzibar resort is located on the North East coast of Zanzibars main Island (Ungunja), 55 minutes from Zanzibar Kisauni International Airport. Fringed by the east coasts 45 kilometres of powder white sandy beach, the hotel occupies a 350-metre stretch of pristine open beachfront. The 109 newly renovated and comfor
141. Starwood to Open 50 New Hotels in Europe Over Next 5 Years
Starwood Hotels & Resorts has unveiled plans to open 50 new hotels in Europe over the next five years, increasing its European hotel portfolio by 30%. This year, Starwood will open nine new hotels across the continent, primarily in fast-growing markets, a key focus of Starwood's long-term development strategy in Europe. At the same time, Starwood and its partners are making signifi
142. Boeing and Embraer Sign MOU to Form JV
Boeing and Embraer have signed a Memorandum of Understanding to establish a strategic partnership. The non-binding agreement proposes the formation of a joint venture comprising the commercial aircraft and services business of Embraer that would strategically align with Boeing's commercial development, production, marketing and lifecycle services operations.
143. Airlines and Airports Spend Record US$50 Billion Improving Travel Experience
Airlines and airports spent a record US$50 billion in 2018 on IT to support improvements to the passenger journey and are now beginning to enjoy the benefit of that investment. The SITA 2019 Air Transport IT Insights report shows that 60% of airline CIOs recorded up to a 20% year-on-year improvement in passenger satisfaction.
144. Etihad Reports Record Year; Bangkok Busiest Route
Etihad Airways achieved its highest ever passenger and cargo volumes in 2013. Nearly 12 million people flew with Etihad Airways last year, marking a significant increase of nearly 16% in comparison to 2012s figure of 10.3 million. Bangkok was once again the airlines busiest route, with a total of 742,759 passengers flying to Thailands capital city in 2013, a year-on-year increas

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