Bill Gates' Cascade Investment LLC is taking control of Four Seasons Hotels and Resorts by buying about half of Saudi Arabian Prince Alwaleed bin Talal's stake.
British Airways' CEO said on Tuesday that negotiations to set up a new low-cost subsidiary at London's second biggest airport Gatwick were "advanced".
Delta Air Lines and Travelport have signed a transformative global distribution agreement designed to enhance travel retailing innovation.
Grupo Posadas has announced that it has reached an agreement with an ad hoc group of holders of its 7.875% senior notes due 2022.
According to the World Tourism Organization, international tourist arrivals declined globally by 73 percent in 2020, with 1 billion fewer travelers compared to 2019.
With this expansion, Jet It and its sister company JetClub become the first private aviation company in the world to have three geographic operating territories.