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A few days ago it looked like car rental firm Dollar Thrifty had all but made up its mind that it would be accepting a takeover bid from rivals, Hertz Global Holdings. However, an astonishing surge in the performance of Dollar Thrifty’s share price, has prompted Avis Budget Group to propose a counteroffer.
When Hertz said [...]

The European travel industry, still reeling from the fallout from the Iceland volcanic ash cloud, is set to be plunged into further chaos following a new eruption. Though not yet considered a major threat, scientists have said that the geothermal activity may set off the Katla volcano.
Ireland has issued a temporary travel ban for Tuesday as the ash cloud hovered closer, while British authorities have closed small sections of air space, although at this stage, European airspace is still running per schedule.
On Monday, the Irish Aviation Authority (IAA) said that all flights from 6:00 GMT until midday Tuesday would be [...]

The economic fallout from the volcanic ash cloud which cause havoc across Europe has continued to hit the car rental industry. The UK-based Economy Car Hire has told of the massive disruptions experienced by the eruption, which greatly impacted on the smaller-sized organisation that has always prided itself on its flexibility and customer service in comparison to larger companies.
Economy’s primary focus areas of Spain, Greece, Cyprus and Malta were hit hard by the travel disruptions that grounded thousands of flights across the continent. When the first delays from the ash cloud were announced, the customer service team at Economy was [...]

An agreement has been reached by the boards of both Continental Airlines and United Airlines which could see the emergence of the largest carrier in the world. The decision to merge the two airlines is expected to be passed by shareholders as well as regulators by the end of the year.
Although the deal had been frustrated recently because of a disagreement over share values, it seems that both boards are now unanimous in their decision. Glen Tinton, United’s boss, will become chairman of the new airline, which will operate under the name United (although the colours will now be those [...]

A change in wind direction over the skies of Europe, bringing with it the cloud of ash from the Eyjafjallajokull volcano in Iceland, could once again cause disruption for air travellers. Icelandic meteorologists have confirmed that the wind is no longer pushing the volcano’s plume of ash northwards. The wind recently started blowing in a southerly and south-easterly direction, bringing the ash down across the Scottish Isles and Ireland.
Chief executive of the Irish Aviation Authority, Eamon Brennan, said that even though the amounts of ash being thrown out from the volcano have been relatively low, the prevailing wind conditions will [...]