Qatar Airways announces codeshare deal with Xiamen Airlines

Deals
Vietnam Airlines eyes USD 10 Bn Boeing deal for fifty 737 Max planes
Vietnam Airlines JSC is set to purchase around 50 Boeing 737 Max jets valued at USD 10 billion. This move enables the airline to retire over 40 older-generation Airbus SE A321 planes. The agreement is expected to be formalized during President Joe Biden’s visit to Vietnam. Read More>>
Qatar Airways announces codeshare deal with Xiamen Airlines
The deal enables Xiamen Airlines to launch nonstop passenger flights from Mainland China to Qatar. The service will commence in October 2023, connecting Beijing and Doha with daily flights facilitating seamless connections for passengers. Read More>>

Partnerships
Emirates and Maldivian established an interline partnership
Emirates has a partnership with Maldivian, streamlining connectivity to various Maldivian destinations via Male. This collaboration aims to provide passengers from the Middle East, Europe, Africa, and the Americas with convenient single-ticket travel options to reach their final destinations in the Maldives. Read More>>
Direct Travel teams up with Allianz to offer insurance
It will provide coverage for trip cancellation, trip interruption, and medical expenses. The partnership aims to provide peace of mind to travelers by safeguarding their trips against unexpected disruptions. Read More>>

Centre Setup and Expansion
Renovated KLM Crown Lounge opens at YYZ
KLM Royal Dutch Airlines has unveiled its renovated KLM Crown Lounge at Toronto-Pearson International Airport as part of a global effort to enhance customer experience. The 575-square-meter lounge features seating for 161 guests and offers panoramic runway views. Read More>>
IHG opens new-build Holiday Inn & Suites in Geelong, Australia
The hotel features 180 rooms and suites, many with waterfront views, and incorporates sustainability features like rainwater harvesting and energy-efficient showerheads. Read More>>

Merger and Acquisition
Kolors acquires Urbvan in USD 12 Million Cash Deal
Kolors connects intercity bus users with drivers and partners with small and medium-sized bus operators. The acquisition will enhance Kolors’ services in Mexico, allowing it to connect business travelers within and between cities. Read More>>

Executive Movements
Flight Centre appoints New Lead for U.S. corporate traveler division
Flight Centre Travel Group has appointed John van den Heuvel as the President of its Corporate Traveler USA Division, focusing on regional growth. With 21 years of experience within the group, he previously oversaw the digital transformation of GOGO Vacations. Read More>>
Vince Parrotta has been appointed Chief Operating Officer (COO) at Omni Hotels
He brings over 40 years of experience, notably from Four Seasons Hotels and Resorts. In this new role, Parrotta will oversee hotel operations and elevate guest experiences. Read More>>

• MGM Resorts International introduced its BetMGM iGaming and online sports betting brand to extend its presence into international markets, offering customers enticing features like substantial and frequent jackpots, loyalty rewards, engaging sports promotions, and exclusive slots 
• MGM Resorts International has launched the BetMGM mobile sports betting app, providing Puerto Rico residents with a user-friendly platform for customizable pre-game, live in-play, futures, and parlay wagers. This initiative is set to attract sports enthusiasts and is expected to impact the Treasury’s revenues positively. 
• MGM Resorts International introduced the Wheel of Fortune Online Casino game, offering players the opportunity to engage in real-money gameplay and enjoy the thrill of the popular game show on their mobile devices

Key Funding Alert

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