Travel

United Airlines in talks to buy new narrow-body planes

Chicago-based United Airlines is in talks with Embraer SA (EMBR3.SA) and Bombardier Inc (BBDb.TO) to buy new narrow-body planes, Bloomberg reported citing people familiar with the matter.


Hilton says Blackstone to cut stake in company by 14 percent

Hilton Worldwide Holdings Inc (HLT.N), the world's largest hotel operator, said Blackstone Group LP (BX.N) would reduce its stake in the company by 14 percent to about 57 percent.

Branson to meet Virgin Galactic space team after crash

Richard Branson is set to meet his Virgin Galactic space team in California's Mojave Desert on Saturday following the crash of a passenger spaceship being developed by his company that killed one pilot and seriously injured the other.

Airbnb valued at $13 billion as it discusses employee stock sale: WSJ

Online home-rental marketplace Airbnb Inc valuation is set to be valued at $13 billion, up from its $10 billion valuation in March this year, as it discusses an employee stock sale, according to a report by the Wall Street Journal.


Latest News

The president of Emirates airlines [EMIRA.UL] said on Thursday that demand for flights to Africa from Asia has fallen due to concerns over the Ebola virus.
Italian tycoon Andrea Bonomi has written to directors of his bid target Club Mediterranee (CMIP.PA) asking for updated financial information, a letter seen by Reuters shows, in a sign he still hopes to win control of the French holiday company.
A bitter Air France labor dispute deepened on Monday as management pledged to press ahead with its low-cost airline ambitions and pilots said that an eight day-old strike over the proposals would continue indefinitely as a result.
Fortress Investment Group (FIG.N) is prioritizing investments in hotels in Japan, a senior executive said on Monday, as the U.S. asset manager seeks to cash in on a government drive to boost tourism ahead of the 2020 Tokyo Olympics.
Singapore will be counting on its marquee Formula One race to help make up for a 30 percent drop in Chinese tourists this year.
American Airlines has won regulatory approval to swap flight attendants' paper manuals for lighter Samsung tablets in a change that will save nearly $1 million a year, the company said on Wednesday.
The plan to save Malaysia Airlines (MAS) (MASM.KL) could succeed where past endeavours have failed because the government has finally put politics aside by agreeing to sweeping job cuts, people briefed on the restructuring told Reuters.
To make vacationing in a country still under martial law a little more attractive, Thailand’s military junta is offering tourists from China free visas.
Australian airlines Qantas Airways Ltd and Virgin Australia Holdings Ltd said passengers can use smartphones and tablets throughout flights from Tuesday after a regulator relaxed a ban on electronic devices on planes.
China has set up a 20 billion yuan ($3.25 billion) investment fund to help bolster its fast-growing civil aviation industry, local media said on Monday.
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