Australian travel agency group Flight Centre Limited has agreed to acquire Liberty Travel for $135 million. The acquisition, subject to regulatory approvals and closing conditions, is expected to be completed in January and will be Flight Center’s largest acquisition to date.
Travelocity has launched a new mobile service that allows travelers to access travel information from anywhere using a cell phone or other web-enabled mobile device.
Florida Gov. Charlie Crist wrapped up his first South American trade mission during the weekend, a week-long journey in which he led a delegation of nearly 200 of the state’s civic and business leaders to Brazil, Argentina and Chile.
Kuoni Reisen Holding AG, the largest Swiss travel company, said third-quarter profit rose 22 percent after acquisitions of tour operators fueled sales growth.
Alitalia reported a narrower third-quarter pre-tax loss than in the same period last year and said it had enough liquidity to stay in business for at least the next 12 months if it sells non-strategic assets.
United Airlines and Delta Air Lines have been discussing a combination between the nation’s second- and third-largest carriers that would keep the United name and the corporate headquarters in Chicago, according to an official with knowledge of the talks.