BANGKOK: Amadeus IT Group, S.A., a leading technology partner for the global travel industry, achieved adjusted profit of 293.6 million euros for the first quarter of 2017, an increase of 19.6% versus the same period last year. This growth was underpinned by an increase of 11.7% in revenue, to 1,250.8 million euros, and 12.0% in EBITDA to 502.8 million euros. Luis Maroto, President & CEO of Amadeus, commented: “Amadeus’ core businesses performed well in the first quarter of 2017”. “In our Distribution segment, revenue grew by 11.4%. This was in part due to travel agency air bookings growing consistently across…
Author: holidayweekly
KARACHI: Seen here in the picture is Ms. Cristine Senter, Award winning Fashion Designer of Italy, performing ribbon Cutting ceremony of Italian Food Festival along with Mr. Erik Huyer, General Manager Avari Towers Hotel Karachi & Italian Consul General.
KARACHI: Chairman Businessmen Group and Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli and President KCCI Shamim Ahmed Firpo presenting Chamber’s crest to Head of Commercial for Pakistan, U.S. Department of Commerce, Steve Knode during his visit to KCCI. Vice Chairman BMG and former President KCCI Haroon Farooki, Senior Vice President KCCI Asif Nisar, Vice President Muhammad Younus Soomro, Tashfeen Mehdi, Malik Atiq and Members of Managing Committee KCCI are also present at the picture.
BRUSSELS: The European Union (EU) and the United States will debate next Wednesday on the possible ban on in-flight laptops and tablets in certain flights from EU, according to the European Commission (EC). ‘This Commission will host high-level political and technical talks with US authorities on Wednesday to jointly assess new threats and work from a common prospect,’ the Community Executive spokeswoman Margaritis Schinas stated. Last Friday, EC officials and European ministers called upon John Kelly -US Secretary of Homeland Security- to hold the aforementioned meeting in order to debate on the controversial issue. For the time being, it is…
KAGHAN: Lulusar is a group of mountain peaks and a lake in the Kaghan Valley, Khyber-Pakhtunkhwa province of Pakistan it is one of the largest lakes of Pakistan. In Pashtu language, the word ‘sar’ means ‘top’ or ‘peak’. [huge_it_slider id=”34″] The lake which is 48 kilometers away from Naran on the Naran-Babusar road. It will interest our history enthusiast that Lulusar marks the proud place where 55 participants of the 1857 War of Independence were arrested. The lake is surrounded by snowcapped mountains, making it a natural tourist attraction. In summers, when the surface reflects its surroundings sharply like a…
DUBAI: The Dubai government said on Sunday that it has secured $3 billion in long-term financing for expansion and development of the Dubai International Airport (DXB) as well as the Al Maktoum International Airport (DWC). The signing of Airport Financing Company FZE (Finco) credit facilities was made by the Department of Finance for the Government of Dubai (DOF), the Investment Corporation of Dubai and Dubai Aviation City Corporation. HSBC acted as the financial advisor. “Dubai remains firmly committed to the development of the DWC and to the growth of the global aviation sector, and this initial $3 billion transaction to…
NEW YORK: In the lead up to World Turtle Day, May 23, World Animal Protection has launched a petition urging Carnival Cruise Lines to stop sending unwitting tourists to this cruel attraction in the Cayman Islands. Tourists visiting the center via Carnival Cruise Lines for the opportunity to take a ‘turtle selfie’ are usually unaware of the abuse and suffering the turtles experience when they are being handled, an activity featured in World Animal Protection’s top ten cruelest wildlife attractions. In 2012, the organization exposed behind-the-scenes evidence of more than 5,000 endangered sea turtles in overcrowded, unhygienic conditions, fed on…
DUBAI: Emirates on Monday has announced that it will temporarily cut its daily non-stop service to New York’s JFK down to twice a day. The Dubai-based airline currently operates three flights to JFK. In a statement, Emirates confirmed that the changes will take from June 4 until June 20, and will resume normal operations from July 1. “Emirates can confirm that one of its three daily non-stop flights (EK 207/208) serving the New York (JFK) – Dubai (DXB) route will be cancelled from June 04, 2017 to June 30, 2017. This flight will be re-introduced on July 01, 2017,” an…
NEW DELHI: IndiGo has announced plans to buy 50 ATR turboprop planes with an aim to tap the regional aviation market. The deal could run into $1.3 billion at list price. IndiGo, which has firmed up an order for 250 A320neo aircraft in August 2015 that could fetch up to $25.7 billion for aircraft manufacturer Airbus, has a fleet of 133 Airbus planes, including 19 A320neo. It expects to have 170 A320 planes by March 2018. IndiGo plans to launch its turboprop operation at the end of this year and expects to induct up to 20 ATR 72-600 aircraft by…
KARACHI: Mr. Nobuo Kishi, Minister for Foreign Affairs of Japan was in Karachi last week and visited Ramada Plaza Hotel. Seen here in the picture, he is being warmly greeted by Mr. Faisal Khan, Regional General Manager Ramada along with Ms. Laila Farah Naz, Public Relations Manager, Mr. Furqan Director F&B, Mr Salman FOM, Mr Abdur Rehman SM, Guests Relations Shahama and Zahra.