Dubai Airports today welcomed the announcement by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai endorsing the AED120bn (US$ 32bn) expansion of Al Maktoum International at Dubai World Central (DWC) which will ultimately accommodate more than 200 million passengers a year.
Jennifer Atkinson, CEO of ITC Luxury Travel, the UKs leading independent luxury tour operator, today announced that she has completed a management buy-out of ITC, backed by Paul Pindar, with banking provided by Santander.
Carlson, a global hospitality and travel company, today announced that it has entered into a definitive agreement to acquire from JPMorgan Chase & Co. (JPMC), the 45 percent equity interest JPMC indirectly holds in Carlson Wagonlit Travel (CWT).
The West End Airport (MYGW) is a private airport which reopened for use on June 1, 2014. The airport opens Old Bahama Bay Resort & Yacht Harbour and the idyllic destination of West End, Grand Bahama Island to private pilots and charter operators.
The increased investment of approximately 5 billion yuan (US$0.8 billion) will be used primarily for additional attractions, entertainment and other offerings to increase capacity at the theme park, with the majority targeted to be completed for opening day.