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03/12/2009

News Update - December 3, 2009

Source: m-travel.com...

IATA sees financial performance improving, but is premium recovering?...
IATA’s latest financial health monitor shows that airlines improved their financial performance in 3Q2009, although the recovery varies by region and European carriers are still lagging behind. A sample of 75 airlines conducted by IATA showed a net profit of...

Hotels.com appoints Troy Suda as its senior director of global retail...
Hotels.com has appointed Lonely Planet digital business chief Troy Suda as its new senior director of global retail. In his new role at Hotels.com, Suda will be responsible for overseeing all the retail functions of the business including user experience...

“Hoteliers should be prepared to do more with less this coming year”...
(By Bruno Perez and Jean Francois Mourier, Revpar Guru) It’s almost time to close the door on 2009 and for most hoteliers, not a moment too soon. 2009 will be forgettable - at best - for many of the nation’s...

Flybe prepares for a stock market flotation...
Flybe is reportedly planning an IPO in London next year. The airline, which has twice delayed its IPO plans, is expected to be valued at approximately £300 million, reported The Sunday Times. Merrill Lynch has been instructed to prepare for...

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by Øyvind Grønflaten (PhD) at 14:55

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