Canadian airline WestJet has entered into a definitive agreement to be acquired by Onex Corporation.Under the terms of the all-cash transaction, the organisation will acquire all outstanding shares in…
North America
Four Seasons Montreal welcomes first guests in Canada
Four Seasons Hotel & Private Residences Montreal is now open.The new location is also home to Marcus, the first Canadian outpost of renowned celebrity chef Marcus Samuelsson.Built around the Socia…
Lufthansa certified for One Order project
Lufthansa has become the first airline to earn IATA One Order certification.The certification came after the completion of a one-year pilot project.One Order is an IATA-backed IT initiative under whic…
Private equity firm buying WestJet
CALGARY, Alberta (AP) — Canadian private equity firm Onex Corp. has signed a deal to buy Canada’ second-largest airline.The all-cash deal for WestJet Airlines is valued at $5 billion Canad…
Wynn blames group business shift for Q1 revenue drop
Revenue and occupancy decreased at Wynn Resorts’ Las Vegas hotels in the first quarter, which the company attributed to a fluctuation in group business and not any market softness.“A large…
Nassetta: Guests don’t want Hilton homesharing brand
Hilton guests aren’t clamoring for a Hilton homesharing brand, said CEO Chris Nassetta, so the company won’t be launching one anytime soon.“We’ve spent a lot of time talking to…
Summer travel to Mexico will drop ‘significantly,’ Allianz predicts
Summer vacation travel from the U.S. to Mexico will drop “significantly” this year, according to Allianz Global Assistance.While Cancun remains the top international destination from the U…
Southwest confident it will assuage fears about Boeing 737 Max jets
Southwest expects to encounter wary customers when the airline is eventually able to put grounded Boeing 737 Max aircraft back in the air.“There are certainly going to be some people who will pr…
United unveils new livery
United on Wednesday unveiled a new livery, replacing gold flourishes with blue and enlarging the globe logo on the aircraft tail.“Three shades — rhapsody blue, United blue and sky blue &md…
Judge calls Carnival ‘recidivist criminal’ in enviromental-compliance case
An old criminal case is in the news again. A federal judge is unhappy. A government report puts an ugly face on company efforts to keep the environment clean.It’s been a tough two weeks for Carn…