AMR Corporation (OTCQB: AAMRQ), the parent company of American Airlines, Inc., and US Airways Group, Inc. (NYSE: LCC) today announced that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will combine to create a premier global carrier, which will have an implied combined equity value of approximately $11 billion based on the price of US Airways’ stock as of February 13, 2013.
To view Multimedia News Release, go to http://www.multivu.com/mnr/60354-the-new-american-airlines
Over 6,700 of the most influential people in the duty free & travel retail community converged on Cannes on the French Cote d’Azur last month for the annual TFWA World Exhibition & Conference.
This global trade summit is a not-to-be-missed event in the industry’s calendar and even severe flooding in the city just prior to the event could not deter the 3,000 companies from sending their representatives to the event.
Erik Juul-Mortensen, TFWA President. “The fact that TFWA World Exhibition & Conference opened on schedule just two weeks after the appalling flooding in the city, with virtually all facilities laid on as planned, is thanks to the energy and commitment of our partners in the city.”
However, the fact that the overall attendance was actually two per cent lower than in 2014 is testament to the difficult trading conditions which prevail this year with various geopolitical and economic challenges impacting global travel, tourism and retail.
Fortunately for the 482 exhibiting companies which were showcasing their products on the 21,500m2 trade floor, the number of key buyer companies - duty free & travel retail operators and landlords of airports, airlines, ferry, cruise, border and downtown concerns – was actually four per cent above last year’s figure.
To view the multimedia release go to:
http://www.multivu.com/players/uk/7628051-the-duty-free-travel-retail-global-summit/
Starting today, Alaska Airlines customers can enjoy free* entertainment directly on their personal electronic devices. The new entertainment service, available today on 50 of Alaska’s 737 planes, will be available at no extra charge through Jan. 31, 2015. Alaska will equip nearly all of its all-Boeing fleet by April 2015.
To view the Multimedia News Release, go to: http://www.multivu.com/players/English/7399551-alaska-airlines-debuts-alaska-beyond-with-the-launch-of-new-inflight-entertainment/
Pegasus Airlines makes its mark in the aviation sector again with a new video explaining flight safety rules in partnership with Disney Turkey. Marvel's best-known characters appealing to all ages, including Thor, Black Widow, Captain America, Iron Man, Loki, Hawkeye and Odin, feature as flight safety rules are explained in an entertaining and fun way. The overriding message of the safety demo video is: 'Even if you're a superhero, flight safety rules are important for you'.
To view the Multimedia News Release, go http://www.multivu.com/players/uk/7550251-new-flight-safety-video-from-pegasus/
Gazpromneft–Aero, an aviation fuel operator of Gazprom Neft – the fifth largest oil and gas company in Russia, increased fuel supplies to foreign airlines at the largest Russian airports up to 15,000 ton, resulting in a 35% growth as compared to 2011.
Gazpromneft–Aero sustained its status as the top retailer of the Russian aviation fuel market in 2012. The company’s total aviation fuel sales achieved 2,900,000 ton. Over 1,900,000 ton was supplied on an into-plane basis, 22% more than in 2011. The company also has its own distribution network, which is the largest in Russia including refueling facilities in 31 airports.
To view Multimedia News Release, go to http://www.multivu.com/mnr/58696-Gazpromneft-Aero
Southwest Airlines® (NYSE: LUV) introduced a modern new look to its iconic brand today at an event dedicated to its Employees. The airline proudly unveiled a new aircraft livery, named Heart, airport experience, and logo. The new look puts the airline’s Heart on display, showcasing the strength of the nearly 46,000 Employees Companywide—whose dedication can be felt by every Customer each time Southwest Airlines connects them to what’s important in their life.
To view the Multimedia News Release, go to http://www.multivu.com/players/English/7316751-southwest-airlines-unveils-new-heart-look-logo-livery-airport-experience/
