First quarter net income and earnings per diluted share of $387 million and $.70, respectively – First quarter record operating revenues of $5.1 billion
Avianca Holdings S.A. (NYSE: AVH, BVC: PFAVH) yesterday announced that Hernán Rincón Lema has notified the Avianca Holdings Board of Directors that he plans to retire from the Company effective April 30, 2019 after three years serving as the Company's Chief Executive Officer.
A global search for her successor will be undertaken.
The consumerisation of business travel is driving innovation in the sector as travellers demand more from their employers. Pamela Whitby takes a look.
The Boeing Company [NYSE: BA] reported first-quarter revenue of $22.9 billion, GAAP earnings per share of $3.75 and core earnings per share (non-GAAP) of $3.16, reflecting lower 737 deliveries partially offset by higher defense and services volume. Boeing generated operating cash flow of $2.8 billion and paid $1.2 billion of dividends.
Riley, who was appointed to the top post at the Barbados-headquartered Caribbean Tourism Organization (CTO) in August 2009 after acting for a year, has gone on pre-retirement leave ahead of his departure at the end of June this year. The organisations director of finance, Neil Walters, will act in the position until a successor is appointed.
First quarter 2019 revenue per available seat mile (RASM) declined 3.1%, year over year, driven by holiday calendar placement, improved completion factor and certain areas of softness observed in the trough period. Excluding the 0.75 point impact from high completion factor, RASM declined 2.4% year over year, slightly better than the mid-point of our guidance range of down (3.5%) to down (1.5%).
Four Seasons Hotels and Resorts unveils plans for an all-new Four Seasons Private Jet that will take flight in early 2021, evoking the bygone glamour of air travel coupled with thoughtful, guest-centric design.
Application is First Step in Process to Begin International Service, Offer Leisure Travelers New Options for Affordable, Non-Stop Flights to Mexico
Jim Burba, co-founder of BHN, staying as strategic advisor