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It now seems that TUI Travel has finally been able to beat the recession and reported an 11 percent increase in underlying operating profits to £443 million for the year ended September 30th, 2009. TUI Travel, which is Europe’s biggest tour operator, showed that its revenues stayed the same at £13.8 billion, while its underlying earnings per share increased 17 percent to 23.8p.
This big announcement comes just after Tomas Cook, back on November 30th of this year, reported underlying pretax profits for the year to September of £308.2 million. Chief executive of TUI Travel, Peter Long, said that [...]

It now seems that Aer Lingus has announced that it could be forced to make some more job cuts, as well as suspend some more routes. This announcement came just following the news that talks between management and crew had finally broken down.
Back in October, the new chief executive of Aer Lingus, Christoph Mueller, outlined some new plans for cuts that did include cutting 676 jobs of the 4,000 plus workforce. The airline was hoping that it would be able to reach an agreement with the cabin crew and pilots on the new plan, but talks became struck over pilot [...]

It now seems that Emirates Airlines could be a possible bargaining chip in Dubai’s attempt to get over its mountain of debt. Economists at the French Bank, Societe Generale, have said that Dubai might have to offer Emirates as collateral in order to ensure a bailout for neighbor Abu Dhabi.
They go on to suggest that this could happen by merging with Abu Dhabi’s Etihad Airways. Vivek Tawadey, head of credit portfolio strategy at BNP Paribas, said that it could be Emirates Airlines on the table. After all, this is one of Dubai’s crown jewels, because it has a very strong [...]

Agents from the Limo Broker have reported a large surge in the demand for the luxurious Rolls Royce Phantom for Indian and Asian weddings in 2010. The symbol of ultimate luxury for many, the Phantom has proved the preferred choice for music celebrity Simon Cowell and remains the preferred choice for Asian wedding celebrants.
The new trend towards the Rolls Royce Phantom means that traditional demand for wedding vehicles such as vintage cars and the dubious but short-lived popularity of Hummers and white limos seems to be at an end.
The Phantom offers one key feature that others fail to match – [...]

Dublin based airline Aer Lingus has made the announcement that it is already in talks with the Civil Aviation Authority about quitting Ireland for the U.K. The Irish flag carrier has said that because it has been unable to reach an agreement with its cabin staff or pilots over pay restructuring it may move its [...]

Travellers who chose to escape the UK for Christmas and New Year abroad can now make sure their holiday gets off to the best, and most economical, start with a great new deal for Airport Hotel stays
Currently the cost of staying a night is cheaper than ever before, a far cry from just a few short years ago when such stays were contemplated only by corporate travellers of high-end flyers. Now Airport Parking and Hotels (APH) is giving an additional 10 percent discount on all of its participating hotels that are booked before January 9th 2010 – meaning that blurry-eyed [...]