Sabre Airline Solutions has signed deals worth $2.5 million with Alitalia. The Italian flag carrier will use the airline technology provider´s revenue integrity products, as well as its consulting team, to stem millions of dollars of revenue leakage each year.
Alitalia will use two components of the SabreSonic Passenger Solutions suite to cut down on revenue leakage.
The Inter American Development Bank, IDB, should write off Latin America poor countries debt because this will contribute to regional development and help reduce illegal migration to United States argued US Hispanic members of Congress.
Fifteen Hispanic Democrats from Congress addressed a letter to US Secretary of the Treasury John Snow requesting he intercedes in favor of the highly indebted countries during the current IDB annual general assembly taking place in Belo Horizonte, Brazil.
In a presentation to Globe 2006 in Vancouver, Alex Winch, President of Mondial Energy Inc., announced an alliance with Green Global Village to target the tourism sector with Mondial´s innovative solar financing mechanism.
Mondial has developed a financing structure that allows for no capital outlay, low operating cost energy solutions using high quality equipment and long term, stable energy prices.
Dominica has been selected as a test site to assess the use of modern technology for port processes to improve trade in the region.
Tropical Shipping, a US-based company and the Caribbean Central America Action (CCAA) have been working closely with the local Port Authority, Customs and the Excise division to facilitate the project.
Copa Holdings S.A., parent company of Copa Airlines and AeroRepublica, today announced financial results for the fourth quarter of 2005 and full year 2005. The terms “Copa Holdings” or “the Company” make reference to the consolidated entity, whose operating subsidiaries are Copa Airlines and AeroRepublica.
Copa Holdings recorded net income of US$17.4 million for the fourth quarter of 2005 and record net income of $82.7 million for full year 2005, representing earnings per share of $0.41 for fourth quarter and $1.93 for full year 2005, beating average estimates of $0.33 for the last quarter and $1.83 for full year.
Cendant Travel Distribution Services (TDS) has signed an agreement with Air France to secure access to all the carrier´s fares until December, 2008.
With immediate effect, this agreement ensures that Galileo connected travel agencies worldwide will have full access to all available Air France fares, including their lowest classes and web fares, directly through the Galileo system.