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in South America

WTTC honours Portugal for tourism focus

The World Travel & Tourism Council has saluted the Portuguese government for recognising the importance of the sector to the overall economy.Making tourism a priority has resulted in the sector growing 8.1 per cent in 2018, contributing €38.4 billion to…

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in South America

Boeing expects Embraer deal to close in early 2020

Boeing and Embraer have continued to work together to establish their strategic partnership.Since receiving approval for the partnership from Embraer shareholders in February this year, the companies have undertaken diligent planning for the creation of a joint venture made up…

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in South America

Routes Americans to return to Bogota, Colombia

Routes Americas 2021 will be held in Bogota, capital of Colombia.The agreement between Routes and Opain – El Dorado Airport Concessionaire of Bogotá El Dorado International Airport was signed during the World Routes event in Adelaide.Colombia is strategically located between…

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in South America

Kempinski signs for third Cuba property

Kempinski has extended its presence in the Caribbean with the signing of its third hotel in Cuba.The European luxury hotel group has again signed a management contract with Grupo de Turismo Gaviota, the owning company behind both the Gran Hotel…

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in South America

Delta to acquire US$1.9bn LATAM stake

Delta Air Lines has revealed it will take a 20 per cent stake in LATAM Airlines Group.The deal, valued at US$1.9 billion, is likely to prove a blow to American Airlines, which has previously sought a joint-venture with the Chilean-based…

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in South America

Delta to buy 20% stake in LATAM

Delta has agreed to acquire 20% of leading Latin American carrier LATAM, pending approval from regulatory and antitrust bodies.The airlines said, “The strategic partnership will unlock new growth opportunities, building upon Delta’s and LATAM’s global footprint and joint ventures worldwide,…

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