gategroup Holding has reached an agreement to acquire the European operations of LSG Group from Lufthansa. The transaction comprises of LSG’s inflight catering operations in Germany, Switzerland, Netherlands, Belgium, Italy and Spain.
oneworld has been named the World’s Leading Airline Alliance for the seventeenth consecutive year at the World Travel Awards. The title caps a year of success for the organisation, with member airlines also taking a number of titles.
South African Airways is to be placed into a “business recuse” following a sharp deterioration in its financial position. The flag-carrier has battled mounting losses for a number of years, and will now seek an equity partner as the South African government looks to limit its liability.
At least five people have been killed after the White Island volcano erupted in New Zealand. Tourists were seen walking inside the crater of the volcano just moments before the eruption, with the number of fatalities expected to rise.
Master developer Nakheel is heading to China to showcase the opportunities being provided by Dubai’s real estate sector at the Luxury Property Show. The event is underway in Shanghai and runs for the next two days.