Banamex, the Mexican banking arm of Citigroup, and a group of Mexican investors have just made an offer for Aeromexico.

Even after its integration into the Air Berlin Group, LTU has continued to fly under its traditional logo on long-haul flights. However, in the near future, LTU’s medium- and long-haul business flights will be operated under the Air Berlin brand. Although LTU will remain a legally independent company under the Air Berlin PLC umbrella, it will be marketed entirely via Air Berlin.

The World Travel and Tourism Council (WTTC) has given a warning that Great Britain risks dropping from its position as the world’s fifth largest travel and tourism economy, if the need for airport expansion is not addressed urgently.

Carnival Corp. & plc reported record net income for its third quarter ended August 31 of $1.38 billion, or $1.67 diluted earnings per share, compared to $1.23 billion, or $1.49 diluted EPS, in the same period last year.

When Richard Knorr is not busy designing top-notch retail malls or office buildings in Latin America and the United States, he is focusing on his dream of creating a major Caribbean resort. He is the mastermind behind the $1 billion development of the Roco Ki resort in the Punta Cana region in southeastern Dominican Republic.

Cruise pricing was up and Caribbean demand remained strong in August; however, bookings slipped in the same month from year-long highs reached during July, according to a monthly survey of travel agents by Bank of America investment analysts.