20/07/2009

News Update - July 20, 2009

Source: m-travel.com...

“We look at falling prices as an opportunity to promote great prices”...
IN-DEPTH: Orbitz on price assurance and pricing In markets with severely failing demand characteristics, it is important to analyse overall pricing strategies and implement an approach that will ensure revenue growth. From an OTA’s perspective, Orbitz Worldwide’s VP - revenue...

BA to raise £600m...
British Airways has decided to raise £600 million of cash funding to ensure it has strong liquidity consistent with the current difficult trading conditions. The airline has launched a £300 million convertible debt issue. In addition, the airline has also...

Cost of using a debit or credit card to book flights goes up...
The cost of using a debit or credit card to book flights with some airlines has gone up by over 600 percent in 18 months. This finding is based on a new research initiated by the UK-based Which? Holiday. Figure...

Charges for using payment cards must be made clear...
Charges for using payment cards, which could include debit and credit cards, need to be made clear to customers by airlines, according to the Office of Fair Trading (OFT). A spokesperson for the Office of Fair Trading (OFT) has said...

Kuoni shares locations for new shops in the UK...
Kuoni has reportedly shortlisted locations for up to five new shops to open by the end of this year. The operator plans to open a further four or five shops this year, to add to its three stores in Kensington,...

Smisek to become chairman and CEO of Continental Airlines...
Continental Airlines has chosen Jeff Smisek, Continental’s president and chief operating officer and a member of the board of directors, as its chairman and chief executive officer, effective January 1, 2010. Smisek will succeed Larry Kellner, 50, who has decided...

Brought to you by tourist intel.com.

No comments: