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Travel Hot News.com
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| FLash | Singapore Airlines cuts 130 more jobs, days after slashing 180
Singapore Airlines will slash 130 more jobs, the carrier said, days after already trimming nearly 180 to cope with increasing competition from a slew of budget carriers in Asia. The 130 information technology employees at the airline would be offered jobs with a company that Singapore Airlines contracts work to, the carrier said in a statement. Singapore Airlines, one of the world's most profitable airlines, had announced on that 70 jobs in its finance division and 108 positions at its ground-handling unit would be cut. |
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| Gateway to the Halifax Harbourwalk Opening at the Port |
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The Halifax Port Authority will reveal a new "Gateway" to the Halifax Harbourwalk on Saturday, September 25. This new public space will be unveiled at an event scheduled to coincide with the arrival of the Queen Mary 2 to the Port of Halifax. The park area will be officially opened by Halifax Port Authority Board chairman, Alan Abraham, Jr., and DRUM, a performance group featuring singers, dancers, musicians and entertainers, at a ceremony on Saturday morning.
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| Avis Promotion Lets Customers Earn a Free Weekend After Renting Three Times |
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Avis Rent A Car today announced the launch of its "Drive Free" promotion that rewards Avis customers with a free weekend rental after renting three times between September 7 and December 16, 2004. To earn the free rental, customers must register for the promotion or through the Avis reservation center. Regardless of when customers register during the promotion, all rentals completed during the promotional period, including those booked under corporate rates, will apply toward the free weekend. Rentals completed at participating locations in Canada, the United States, Puerto Rico and the U.S. Virgin Islands will apply.
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| Competition Bureau will intervene if airlines undercut fares of competitors |
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The federal Competition Bureau is clearing the way for Air Canada to cut its fares to match those of low-cost competitors, as long as it doesn't reduce prices to below the competitors' levels. In a letter sent to airlines Thursday, the bureau said it will come down on a ``dominant carrier'' that undercuts the fares of a smaller competitor, or floods the market with more capacity. ``As a general principle, where a dominant carrier's response to competition consists only of reducing fares to levels which match, but do not undercut those of a competitor (`fare matching'), the bureau will not take enforcement action,'' Sheridan Scott, Commissioner of Competition, said in her letter.
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| Tropical Storm Jeanne Update: Air Canada Vacations Rescues Dominican Republic Passengers |
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As it cannot guarantee full delivery of hotel features and facilities further to Tropical Storm Jeanne's visit to Punta Cana, Dominican Republic, Air Canada Vacations has cancelled all hotel packages with departures scheduled for the next two weekends: September 25 and 26, 2004, and October 2 and 3, 2004.
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| Agent special: discover Vienna, Austria, Europe and Austrian service |
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| Austrian is offering agents specials. You can discover Vienna for 299 $ plus taxes (349$ plus taxes for your companion), Austria for 349$ plus taxes (399$ plus taxes for your companion) and Europe for 499$ plus taxes (549$ plus taxes for your companion). These prices are valid for departures from November 3 to 8, 2004, and from January 15 to March 30, 2005, from Toronto only, and on OS/VO/NG operated flights only (codeshare flights not applicable). There is non minimum stay, and there is a 1-month maximum stay. The agent and his companion must travel together on all flights. Space is limited. Contact Austrian Airlines at (514) 842-2500 or at 1 888 817-4444 to know conditions and procedures for reservations. |
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| FLash | New Air Canada shares to start trading Oct. 4 on Toronto Stock Exchange
The new shares of restructured Air Canada will start trading on the Toronto stock market on Oct. 4. The airline said Thursday shares of ACE Aviation Holdings Inc. will be listed on the exchange on Sept. 29 and begin trading the following week. ACE Aviation Holding's voting shares will trade under the symbol ACE.B, while its variable voting shares will trade under ACE.RV. |
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| FLash | Four Seasons Hotels to post $6.5 million charge after note redemption
Four Seasons Hotels and Resorts said Friday it will take a net charge of $6.5 million Cdn related to the redemption of option notes. The Toronto-based firm said it has redeemed liquid-yield option notes that were due 2029 with a total payment of $215.5 million US. Four Seasons said it anticipates a pretax loss of about $14.6 million related to the debt component of the notes and a gain of $8.1 million on the equity component, Four Seasons Hotels and Resorts (TSX:FSH) operates luxury hotels, managing 64 properties in 29 countries. |
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| FLash | Texas braced for storm Ivan's second foray into the United States
Ivan's second foray into the United States came with little wind but plenty of the rain Friday as it raked the Caribbean and eastern United States. After looping into the Atlantic and back into the Gulf of Mexico following its initial strike on the Alabama-Florida coast as a hurricane last week, Ivan washed ashore as a tropical storm near the Texas-Louisiana line. |
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