RCI benefits from its association with SAS...
Group RCI has witnessed acceleration in its exchange membership growth in key geographies, such as Europe and Mexico. The company said such positive results have emerged with the usage of predictive analytics from SAS. RCI, which distributes scarce-supply properties to...
US DoT to assess impact of proposed BA-AA tie-up...
The US Department of Transportation (DoT) has asked for more details in relation to British Airways' proposed tie-up with American Airlines. American Airlines, British Airways Plc and Spain's Iberia have been asked to supply new information about the potential impact...
More operators expected to collapse in near future...
Up to 15 more British travel companies may collapse in the next three months. Manny Fontenla-Novoa, the chief executive of Thomas Cook, recently said that about 15 travel agents could go bust over the winter and that the next three...
Thomas Cook buys majority stake in Gold Medal...
Thomas Cook has bought a 50.01 percent stake in the flight consolidator and tour operator for £24.9 million from Gold Medal founder and sole shareholder Ken Townsley. The deal remains conditional on competition clearance, which is expected to be obtained...
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