VINCI Airports, a subsidiary of VINCI Concessions, has signed an agreement today to acquire a majority stake of 50.01% in Edinburgh Airport Limited, the company that owns Edinburgh Airport, for £1.27 billion. This transaction is slated to be finalized in the summer of 2024, pending regulatory approvals. The remaining 49.99% stake will be overseen by Global Infrastructure Partners (GIP), which has been the airport’s owner since 2012. This acquisition marks a significant step in the strategic partnership between VINCI Airports and GIP, which began in 2019 with VINCI Airports acquiring a majorit ..read more

AEGEAN Airlines has announced its strategic plan to invest in an enhanced version of the A321neo, designed for extended range and upgraded cabin quality. This initiative aims to create a dedicated sub-fleet of four A321neo aircraft initially, tailored to better serve non-EU markets, particularly those to the South and South-East of Greece. The specially designed A321neo planes will come equipped with extra fuel tanks, allowing for flights lasting up to 7.5 hours. Notably, the cabin layout will be revamped to offer increased comfort for both Economy and Business Class passengers, with a reduce ..read more

Scientific Games recently inaugurated advanced instant scratch game production technology at its global headquarters in metro Atlanta. This new high-definition technology marks the completion of the company’s $65 million investment in instant game production across its global facilities and is now actively producing scratch games for worldwide lottery clients. It offers unparalleled security, quality, and innovation within the lottery sector. “The most important benefit this advanced technology offers our lottery customers worldwide is Scientific Games’ ability to accelerate instant scratch g ..read more

The 16th edition of the Sicted Forum took place on March 12th and 13th, 2024, in Córdoba, Spain. This year’s forum, titled “A Step Further in Sicted: Towards the Sustainable and Digital Transformation of Tourist Destinations,” gathered more than 150 industry professionals to foster discussions, network, and exchange best practices within the tourism sector. Luigi Cabrini, GSTC Chair, was present at the event and participated in the panel discussion titled: “Governance, sustainability, accessibility, technology, and innovation for the transformation of businesses and tourist destinations”,&nbs ..read more

Indra upgrades Paris Charles de Gaulle Airport with a state-of-the-art air traffic control system, enhancing travel efficiency for Olympic visitors. Indra has upgraded Paris Charles de Gaulle Airport with a cutting-edge air traffic control system to enhance travel efficiency, especially in preparation for the upcoming The Paris 2024 Olympic Games. The event is expected to draw approximately 15 million visitors, including two million from overseas, necessitating improved capacity and reliability at one of Europe’s busiest airports to ensure a smooth travel experience for all attendees. Indra ..read more

The Global Business Travel Association (GBTA) has honored MEP Jan-Christoph Oetjen (Renew Europe, Germany), Vice-President of the European Parliament, with the distinguished “GBTA Navigator Award.” This award is bestowed upon lawmakers who actively support the business travel sector. Since its inception in 2016, it marks the first occasion that the accolade has been awarded to an individual from Europe. “GBTA is pleased to honour MEP Oetjen with its Navigator Award,” said Suzanne Neufang, CEO, GBTA. “Mr. Oetjen has demonstrated outstanding support for the business travel community in its reco ..read more

Davidson Hospitality Group, renowned for its excellence in hospitality management, is pleased to announce the promotion of key leaders within the company, as part of its strategic initiative for sustained growth. Effective January 1, 2025, Steve Margol, currently the Chief Investment Officer at Davidson, will step into the role of Executive Chairman. This transition coincides with John Belden, the current Executive Chairman and former CEO, moving to the position of Chairman Emeritus at the end of 2024. “It’s always special when we can announce the career progression of our team members,” said ..read more

The Global Business Travel Association (GBTA) has expressed its support for the European Parliament’s recent endorsement of the CountEmissionsEU report. This legislation aims to implement a unified and precise system for measuring transportation emissions, which is vital for enabling business travelers to evaluate the environmental impact of various travel options, including different transport providers and modes. GBTA’s own research, detailed in the 2023 “The State of Climate Action in Business Travel – Global Industry Barometer,” highlights the growing trend among corporate travel managers ..read more

Rising costs for flights from Asia to Europe and America are linked to longer, detour-filled routes due to geopolitical tensions in key airspaces. Due to geopolitical tensions in West Asia, Indian airlines flying to destinations in the United States and Europe have started using extended flight paths, adding up to 45 minutes of additional airtime for passengers. This rerouting is a precautionary measure to steer clear of Iranian airspace, following India Today’s coverage. Carriers such as Air India, Vistara, and IndiGo have shifted their routes to pass through Central Asia and the Arabian Pen ..read more

Explore why Paris Charles de Gaulle Airport CDG, the world’s fourth busiest airport, is your gateway to the iconic sights and history of Paris. Paris Charles de Gaulle Airport (CDG), also known as Roissy Airport, is not just France’s largest international airport but also a vital gateway to one of the world’s most beloved cities. Ranked as the fourth busiest airport in the world, CDG’s impressive passenger traffic and growth are reflective of Paris’s enduring appeal. In 2023, it handled a staggering 61,412,198 passengers, marking an 18.6% increase from the previous year, according to the Airp ..read more