Latest News
MarineMax CEO: 'We are delighted to announce our acquisition of IGY Marinas'
By Karla Florez | Aug 30, 2022
MarineMax, Inc. recently initiated the proceedings to acquire Global Yachting LLC. The acquisition is expected to close during the first half of fiscal 2023, a press release reported.
Aero secures secures $65 million in Series B financing ‘to further ignite growth and expand into new markets’
By Karla Florez | Aug 22, 2022
Aero Technologies, Inc., recently unveiled $65 million in raised capital, $50 million in Series B funding and $15 million in convertible notes.
Aeromexico senior VP: 'We are excited to partner with Pricefx'
By Karla Florez | Aug 19, 2022
Pricefx has entered a partnership with Mexico’s global airline Aeromexico to help leverage its travel agency business analytics, a press release reported.
Wabtec launches Transit Performance Optimization Center in Europe to help ‘provide more dependable whole-life asset management'
By Karla Florez | Aug 16, 2022
Wabtec Corporation recently opened its first-ever European Transit Performance Optimization Center (TPOC), based in Derby, UK, according to Businesswire.
Grupo Cancún's Vara: We 'recognized an opportunity to strengthen our international position through working with Wyndham'
By Glenn Minnis | Aug 14, 2022
Wyndham Hotels & Resorts has entered into a franchise agreement with Grupo Cancún that paves the way for the opening of Wyndham Grand Cancún All-Inclusive Resort & Villas.
Kroll to assist in Streetteam Software’s restructuring process, intended ‘to get the best outcome for all stakeholders’
By Karla Florez | Aug 14, 2022
Streetteam Software Limited, based in the UK, has entered a collaboration with Kroll to aid with its restructuring process, according to a press release.
Quark Expeditions Sales and Customer Service VP: 'This voyage marks Ultramarine's inaugural voyage in the Canadian North'
By Lucas Nava | Aug 5, 2022
Polar tourism company Quark Expeditions announced the launch of a new vessel for its "Northwest Passage" tour
Frontier Airlines CEO: 'We still remain very far from obtaining approval from Spirit stockholders'
By Karla Florez | Jul 18, 2022
Spirit Airlines has delayed the decision-making process leveraging its partnership with Frontier Airlines amid concerns about lack of shareholder support. Frontier Airlines’ CEO, Barry Biffle, requested a voting extension until July 27, CNBC reported.
Picard on acquiring Mexican-based tech platform: 'Swvl and Urbvan share a vision to remodel mass transit to be safer for everyone'
By Karla Florez | Jul 13, 2022
Swvl Holdings Corp. has secured a definitive deal to acquire shared mobility platform, Urbvan Mobility Ltd ("Urbvan"), based in Mexico.
JetBlue CEO: 'JetBlue is adding more flights across the North Atlantic'
By Karla Florez | Jun 29, 2022
JetBlue unveiled the goals it has set for its growing low-fare London service, including the addition of new permanent slots at Heathrow, and a new Gatwick departure from New York, as well as improving its overall customer service.
General Motors VP on electric vehicles: 'This is a once-in-a-century transformation'
By Andy Nghiem | Jun 16, 2022
Tom Cooney, the vice president for Global Public Policy at General Motors (GM), recently said that the transition to electric vehicles would be the equivalent to the switch from horses and buggies to gasoline-powered cars in that it will completely transform the way people travel.
VAH hires new chief technical officer to promote its global 'growth strategy'
By Karla Florez | Jun 12, 2022
VAH has appointed Dinnaga Padmaperuma as Chief Technical Officer of the company.
Reports: 'JetBlue is aiming to lure Spirit’s board into talks over the new proposal'
By Karla Florez | Jun 11, 2022
JetBlue Airways Corp. has enhanced its offer to acquire Spirit Airlines, hoping the enhancements will vote out the airline’s pending buyout agreement with Frontier Group Holdings Inc., Reuters reported.
Frontier offers $250 million reverse breakup fee to block Spirit merger under promise to provide ‘more regulatory protection’ than JetBlue
By Karla Florez | Jun 11, 2022
Frontier Airline’s parent company confirmed plans to pay a $250 million reverse breakup fee to Spirit Airlines to keep regulators from approving the planned merger between the airline and JetBlue Airways, CNBC reported.
Improvements made to transit ticketing in Australia: ‘Commuters love the speed and convenience’
By John Kelly | Jun 7, 2022
Ferny Grove line passengers in the Australian state of Queensland can now utilize credit cards, debit cards, and smart devices to pay for their travel.
Spirit AeroSystems president: 'We are very excited about the opportunity this partnership with Sierra Space represents'
By Andy Nghiem | Jun 4, 2022
Commercial space company Sierra Space and aerospace manufacturer Spirit AeroSystems, Inc. recently entered into a partnership that will advance development of a commercial space economy.
Cirrus Aircraft CEO on European expansion: New locations 'will allow us to continue elevating the experience our current and future aircraft owners enjoy'
By Karla Florez | May 25, 2022
Cirrus Aircraft, based in Duluth, Minnesota is continuing its international expansion with two new offices in Europe.
Air Lease on aircraft in Russia: 'It is unlikely that the company will regain possession of the aircraft that have not been returned'
By Karla Florez | Apr 25, 2022
Air Lease Corp. has confirmed plans to write off its power over the 27 jets it has remaining in Russia amid related sanctions. The charges related to the sale are expected to reach $802 million.
Selina forms 'strategy team' for further expansion in travel industry
By Trina Thomas | Mar 9, 2022
Lifestyle and experimental hospitality brand, Selina, recently welcomed Sam Khazary as senior vice president and head of global corporate development.