Terminal 5 chaos to cost British Airways £16m...
British Airways reportedly disclosed a 5% fall in business-class passengers last month and a £16 million bill for the chaotic opening of Terminal 5 (T5).
Alitalia names new chairman, urges Air France to revive talks...
The Italian government vowed Thursday to keep its planes flying despite the collapse of talks with Air France-KLM, the sole remaining bidder for the money-losing carrier.
Expedia to be the exclusive travel booking provider for PlanetOut websites...
Online travel company Expedia.com has partnered with PlanetOut Inc., a media company exclusively serving the lesbian, gay, bisexual and transgender (LGBT) community.
Lemon Tree Hotels valued at over US$500 million...
Shinsei Bank Limited and Kotak Realty Funds have jointly invested US$30 million in Indian hotel company Lemon Tree Hotels for an equity stake of 5.9%, thereby valuing Lemon Tree Hotels at over US$ 500 million.
Amadeus to allow airlines to act like true retailers...
Amadeus has unveiled its Amadeus Airline Retailing Platform, one which will transform company's global distribution system from a purely distribution channel to a retailing platform.
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