Alitalia said on Tuesday its quarterly loss narrowed from a year earlier, when strikes weighed heavily on its results.

Intercontinental continues its good performance in the first quarter of 2007 with continuing revenues showing up 10 percent from £177 million to £194 million, up 20 percent at constant exchange rates. Continuing operating profit is up 5 percent from £42 million to £44 million, up 19 percent at constant exchange rates.

TAM Mercosur and the LAN Alliance -comprised of LAN Airlines, LAN Peru, LAN Argentina and LAN Ecuador- have decided to formalize a business alliance. The agreement aims to develop partnerships in routes operated by these companies in South America, broadening passengers’ options to fly to several destinations around the continent.

The Italian government said it would not permit any new bidders in Alitalia’s auction, in a setback to hopes that a mystery suitor with deeper pockets might yet emerge to salvage the unprofitable airline.

Reporting from the Association of Corporate Travel Executives (ACTE) Global Conference and Latin America Summit, American Express Business Travel named Latin America & the Caribbean (LAC) as one of the Company’s fastest growth markets in 2006 –up 20 percent on a total travel sales basis- following Greater China and India.

Pegasus Solutions.jpg Pegasus Solutions has acquired Wizcom, a wholly owned subsidiary of Travelport. The acquisition establishes Pegasus as the only provider of Global Distribution System (GDS) switch services -the alternative to GDS direct connects.