Travel Industry Archive

April 2009

Southwest's Load Planning System Improves Baggage Processes

By Brett Snyder | Apr 24, 2009

When I visited Southwest’s operation at Dallas/Love Field last month, it wasn’t a normal day. It just happened to be the first day that the airline had launched its Load Planning System at Love and elsewhere in the system. This new system has the ability to really significantly improve Southwest’s baggage handling. The old system involved those on the ramp deciding the best...

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Pet Airways to Start Service in July

By Barbara E. Hernandez | Apr 23, 2009

Pet Airways, the first commercial U.S. airline for pets, will start service July 14 in select U.S. cities. The airline, where pets fly in the main cabin and not in cargo, offers $149 one-way flights for pets from New York to Los Angeles. Currently, the Delray, Fla.-based airline flies only to five cities: New York, Washington, D.C., Denver, Chicago and Los Angeles, but says it plans to...

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Travel Roundup: Wynn, Las Vegas Sands Amend Debt, Asia Feels Biz Slowdown, Airlines Cut 27,500 Jobs and More

By Barbara E. Hernandez | Apr 22, 2009

Wynn and Las Vegas Sands amend debt agreements — Casino operators Wynn Resorts Ltd. and Las Vegas Sands Corp. each said Tuesday that they amended their debt agreements to help repay their billions of debt. The nation’s other two largest casino operators, MGM Mirage and Harrah’s Entertainment Inc. have all tried to get workouts from their creditors. Wynn says its new debt...

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Pratt & Whitney Geared Turbofan In the Spotlight

By Brett Snyder | Apr 22, 2009

After many years living in the shadows, the time has nearly come for Pratt & Whitney to once again come to the forefront of engine technology. Its Geared Turbofan engine (GTF) will either be the savior of the company or it will relegate Pratt to obscurity. Everyone is eagerly awaiting the results. The idea of the GTF is one that has been around for a long time. Instead of having the fan...

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Hilton Gets Subpoena in Starwood's Industrial Espionage Lawsuit

By Barbara E. Hernandez | Apr 21, 2009

Just when you thought all hotel news was about falling prices and the recession, Starwood Hotels & Resorts Worldwide Inc. kicks it up a notch, announcing late last week that it’s suing Hilton Hotels Corp. and its employees for stealing more than 100,000 documents and files from Starwood to create their own luxury brand hotel called Denizen. Former Starwood executives, Ross Klein...

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Travel Roundup: Fortune 500's MGM Mirage and Harrah's, Norwegian's Passenger Overboard, Discovery's Losses and More

By Barbara E. Hernandez | Apr 20, 2009

Despite money woes, MGM Mirage and Harrah’s make Fortune 500 — Casino operators Harrah’s Entertainment Inc. and MGM Mirage Inc.  were listed as some of the nation’s largest companies, making the Fortune 500 list. Fortune magazine released its 2009 rankings on Sunday, based on 2008 revenue. Harrah’s, with $10.1 billion, ranked No. 263 and MGM Mirage, with $7.2...

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Airline Executives Discuss Foreign Ownership, Unbundling, Partnerships, and Consolidation

By Brett Snyder | Apr 20, 2009

Here we are, back with part two of my coverage of the executive panel at the Phoenix Aviation Symposium. On Friday, I wrote about the first part of the panel which focused on oil and the economy. The back half, under Randy Babbit’s direction, touched on some other very interesting topics. Let’s dig in. Foreign Ownership JetBlue CEO Dave Barger said he fully supports foreign...

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Travel Roundup: Starwood Sues Hilton, Icahn Pushes MGM Mirage, Florida Wants Staycations and More

By Barbara E. Hernandez | Apr 17, 2009

Starwood Hotels & Resorts sues Hilton for industrial espionage — Starwood Hotels & Resorts Worldwide Inc. is suing Hilton Hotels Corp. and two of its executives, saying its competitor stole company secrets. Starwood alleges that the two of its former employees, now at Hilton Hotels, stole more than 100,000 electronic files before and after joining Hilton Hotels last June....

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Airline Executives Talk About Oil and the Economy

By Brett Snyder | Apr 17, 2009

And you thought I was done with my Phoenix Aviation Symposium posts? Nope, but this is almost the last one, I promise. I say almost, because my review of the big executive panel is long enough that I think it’s worth breaking down into two posts to avoid making your head spin. You can find part two back here on Monday. Let’s get started with part one. This year’s executive...

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Royal Caribbean's Oasis Gets Finnish Reprieve

By Barbara E. Hernandez | Apr 16, 2009

For a while it looked like Royal Caribbean’s new 220,000-ton, $1.2 billion Oasis of the Seas, the world’s largest cruise ship, was doomed as its financing dried up. The cruise industry has been hit by the recession, causing deep discounts and slim-to-none profits, so it wasn’t surprising when financing for the behemoth cruise ship – still being built in Turku,...

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BNET Travel provides daily industry trends and news coverage with insights for managers and executives into all aspects of the travel and tourism industry. In addition to detailed airline and hotel company profiles, we bring you industry analysis on new travel and carrier routes, bankruptcies, mergers, tourism figures, investments and a host of other important business issues.