Starwood Hotels & Resorts lost $107 million in the last quarter of 2009 but ended what is considered one of the worst years in industry history with a profit.
Two Latin American airlines, Colombia’s Avianca and El Salvador’s Grupo TACA, closed on a merger agreement after receiving government approvals to combine their operations.
Brazil’s largest airline, TAM Linhas Aereas is in talks to buy a stake in Chile’s flagship airline owned by President-elect Sebastian Pinera, Brazilian magazine Exame reported on its Web site.
Brazil’s largest airline, TAM Linhas Aereas is in talks to buy a stake in Chile’s flagship airline owned by President-elect Sebastian Pinera, Brazilian magazine Exame reported on its Web site.
JetBlue Airways’ total ancillary revenue for the fourth quarter was about $20 per passenger. During 2009, airline’s ancillary revenues grew $60 million or 17 percent as compared to 2008.
JetBlue Airways’ total ancillary revenue for the fourth quarter was about $20 per passenger. During 2009, airline’s ancillary revenues grew $60 million or 17 percent as compared to 2008.