Travel

Graphite Capital sells off interest in Park Holidays UK to Caledonia Investments

Graphite Capital enters into an agreement with Caledonia Investments, an investment trust company, over the sale of Park Holidays UK for a value of GBP172 million.


Yododo secures USD4 million in Series A funding from Gobi Partners

Yododo, the largest online travel community in China, raised USD4 million in Series A funding for the expansion and improvement of its products and services.

RBS to sell USD800 million loan in Eagle Bulk

The Royal Bank of Scotland, due to a looming divestment by the British government, had put up for sale a shipping loan worth USD800 million.

Transurban buys RBS tunnel debt

Transurban Group Ltd said it would buy the USD465 million debt of Cross City Tunnel from the Royal Bank of Scotland.


Latest News

US Department of Transportation found that US Airways Group was guilty of not providing standard disability services to its passengers.
US Justice Department's condition to AMR Corp and US Airways to lift the former's lawsuit could further delay merger plans.
Air Seychelles announced its record growth of its international business, thanks to its popular Abu Dhabi route.
Hannes Smarson is facing embezzlement charges is his role in the misappropriation of funds from FL Group hf during his time as its chairman.
Priceline.com has appointed Darren Huston to become its new CEO. A new Chief Executive Officer was installed at Priceline. com Inc, this comes after its incumbent CEO Jeffrey Boyd would be elevated as chairman.
Queensland Investment Corporation announced the sale of its toll road business Queensland Motorways for USD4 billion.
Southwest Airlines and JetBlue Airways articulated its interest in acquiring AMR-US Airway flight slots in Washington.
Chinese firm CRED Real Estate bought New Zealand's Pepper's Carrington resort for an undisclosed amount.
Indigo Parners LLC said it would go ahead with its plan to acquire Frontier Airlines despite its failure to reach a labor deal with its flight attendants.
Odyssey Marine Exploration Inc said it would have money by the end of this year and would not need to raise equity next year.
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