| |
|
Travel Hot News.com
is a member
of the principal international
press agencies
(CP, AFP, etc.) |
|
|
|
| |
|
 |
|
 |
|
|
| FLash | Carnival Corporation & plc signs 5-ship cooperation agreement with Fincantieri Cantieri Navali Italiani S.P.A.
Carnival Corporation & plc announced that it has signed a historic multi-billion-dollar cooperation agreement with Italian shipyard Fincantieri to construct four new cruise ships as well as significantly redesign the previously announced Queen Victoria for its Cunard Line brand. Two of the newbuilding orders have been placed in U.S. dollars; two others are in euros. The Queen Victoria redesign is in a combination of euros and dollars. Carnival Chairman and CEO Micky Arison said that this unique alliance with Fincantieri lays the foundation for its newbuilding program in 2007 and 2008 and allows the company to simultaneously execute its two-pronged growth strategy. |
|
| |
|
|
| Galileo Inks Four-Year Distribution Agreement With Air Canada For Travel Agents Worldwide |
|
Galileo International, a leading global distribution system (GDS) and subsidiary of Cendant Corporation (NYSE:CD), and Air Canada today announced the signing of a new four-year amendment to their existing distribution agreement. Air Canada will provide all Galileo-connected agencies worldwide with complete access to all published fares available to travel agencies in exchange for reduced booking fee rates. The agreement will be implemented on October 15th 2004.
[Full text]
|
|
| Vacation.com welcomes new members nationwide |
|
Vacation.com-Canada keeps on growing with 36 new agencies joining the network since February 2004, bringing the total Canadian membership to more than 700. In addition, Vacation.com-Canada anticipates continued growth over the fall period in response to a recently launched membership campaign which waives the $500 initiation fee.
[Full text]
|
|
| The travel insurance division of RBC Insurance gives a 200$ cash prize |
|
 Joe Crognale, Area Sales Manager for the travel insurance division of RBC Insurance, presented a cheque to Lillian Neave who works with Royal City Travel-American Express in Guelph. Lillian was awarded with a cash prize of $200 for correctly answering a contest question, which appeared in the most recent issue of the RBC Insurance Insider newsletter. |
|
| Record oil prices threaten to rain on Air Canada post restructuring revival |
| CP |
Shares in the newly restructured Air Canada traded higher from their issue price on their first day, but have since headed downward as the soaring price for oil threatens to throw a wrench into the airline's restructuring. After hitting as high as $26.75 on their first day of trading on the Toronto market last week, up from their issue price $20, the shares have headed south. Air Canada's class-B shares traded down 75 cents to $21.85 on October 12.
[Full text]
|
|
| Environmental Restoration Work Set to Start at Saint Hubert Airport |
|
Transport Minister Jean-C. Lapierre today announced an environmental restoration work at Saint-Hubert airport's former dumpsite. "I am pleased to announce this investment, which reflects Transport Canada's commitment to manage contaminated sites under its responsibility in a responsible and efficient manner," said Mr. Lapierre.
[Full text]
|
|
| Jetsgo capacity, traffic, load factor climb in September |
|
Jetsgo's passenger traffic rose 50.9% in September 2004 with revenue passenger miles (RPMs) rising to 178,323,531, compared to 118,137,994 in September 2003. Available seat miles (ASMs) increased 43.4% to 278,745,284, from 194,294,503 in the same period. These numbers resulted in a load factor of 63.9% in September 2004 versus 60.8% in September 2003.
[Full text]
|
|
| Aeroplan Fuels Up with Esso |
|
 Aeroplan, Canada's leading loyalty program and Esso, Canada's largest marketer of petroleum products, today announced that they have entered into a Canada-wide, multi-year relationship to enable Aeroplan members to accumulate Aeroplan Miles on eligible products and services at Esso-branded retail outlets.
[Full text]
|
|
|
|
|
|
|
|
|
| FLash | Holland America Line Honored With Prestigious International Five Star Diamond Award
Holland America Line announced that it has been awarded the prestigious International Five Star Diamond Award from The American Academy of Hospitality Sciences. Each year, the American Academy bestows the honor on an exclusive group of hospitality companies around the world that are deemed to be the pinnacle of quality and excellence in their respective industries. The American Academy selects award recipients based on thorough evaluations of hospitality, gastronomy, attitude, quality, cleanliness and, above all, service. The decisions of the American Academy are based exclusively on whether the establishment demonstrates a commitment to excellence in luxury and service within its category. |
|
| |
| FLash | Delta Air Lines’ debt: a bigger challenge to resolve outside of bankruptcy
While much of the public focus surrounding Delta Air Lines Inc.'s turnaround efforts has been on the need for pilot concessions, some analysts believe the carrier's massive debt is a bigger challenge and the one more difficult to resolve outside of bankruptcy. The country's third-largest carrier paid $757 million US in interest on its debt last year, a figure that has increased more than 50 per cent since 2001, regulatory filings show. At that rate, the $1 billion in annual savings Delta hopes to achieve by 2006 from pilot wage and other concessions would be eclipsed by the company's yearly interest payments. The airline's effort to restructure its debt could soon become clearer. Thursday is the deadline for a recent debt exchange offer. And next Wednesday, Delta reports its third-quarter earnings, which is expected to provide updates on its debt and available cash. ``In my opinion, they're going to get the concessions; I've got a couple of steak dinners bet on that,'' said Ray Neidl, an airline analyst with Calyon Securities Inc. in New York. ``I think the more difficult thing is going to be restructuring the debt.'' |
|
| |
| FLash | Signature Expands Groups
Signature Vacations announced the addition of two sales coordinators in their Toronto groups and incentives department: Courtney Taylor, formerly with Bel Air Travel, and Lasia Matwijszyn, formerly with Navigant. At the same time, Janine Chapman has been promoted to the new position of director, national group and incentive sales. Formerly manager of the Toronto groups department, Chapman will now be responsible for providing uniform service to agents nationally and expanding the operator's burgeoning incentive business. |
|
| |
| |
|
