Carlson Wagonlit Travel (CWT), a global leader specialized in managing business travel and meetings and events, announces that it has acquired Net Tour Viagens E Turismo Ltda (Net Tours) through its local Brazilian subsidiary, Wagons Lits Turismo Do Brasil Ltda (CWT Brazil). Net Tours, based in Sao Paulo, Brazil has provided travel management expertise to corporate travelers since 1995.

International Consolidated Airlines Group (IAG), the airline entity formed by the merger of British Airways (BA) and Iberia, has reached an agreement in principle to buy British Midland (BMI) from Deutsche Lufthansa.

A report recently done for the British Chambers of Commerce (BCC) has concluded that the UK’s Air Passenger Duty or APD, which Antigua & Barbuda’s government sternly opposes, is bad for the UK economy. The aviation tax is said to be severely harming the economy.

JetBlue Airways and Jet Airways, India’s premier international airline, have announced the launch of a new interline agreement that will offer customers new travel options from JetBlue destinations in the U.S. to Brussels, Belgium, and then onward to India.

LAN and TAM have started the technical and preliminary processes for their integration into LATAM Airlines Group (LATAM). With the advisory of international consultants, such processes aim at preparing both companies for the merger, becoming the leading airline in the region.

JetBlue Airways Corporation reported net income for the third quarter was $35 million, or $0.11 per diluted share. Excluding a one-time item, JetBlue reported net income of $38 million, or $0.12 per diluted share, compared to JetBlue's third quarter 2010 net income of $59 million, or $0.18 per diluted share.