Despite opposition from union groups, Alitalia’s board of directors voted in favor of permitting Air France-KLM to buy the carrier over rival Air One, a group favored by some lawmakers.

Despite opposition from union groups, Alitalia’s board of directors voted in favor of permitting Air France-KLM to buy the carrier over rival Air One, a group favored by some lawmakers.

Despite opposition from union groups, Alitalia’s board of directors voted in favor of permitting Air France-KLM to buy the carrier over rival Air One, a group favored by some lawmakers.

Carnival Corp. & plc reported profits for its fourth-quarter of $358 million, or 44 cents diluted earnings per share, compared to net income of $416 million, or 51 cents per share, for the same period last year. Revenues for the fourth quarter increased to $3.1 billion from $2.8 billion.

As part of its real estate management strategy, Accor signed a memorandum of understanding to sell 47 hotels in France and 10 in Switzerland to a real estate consortium including Caisse des Dépôts et Consignations and two investment funds managed by AXA Real Estate Investment Managers (European Hotel Venture & Alternative Property Income Venture).

Kuoni is entering the German market by acquiring a 100 percent stake in Conference & Touring GmbH, based in Berlin, with effect from the beginning of 2008. Conference & Touring GmbH is one of Germany’s leading destination management agencies.