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Lufthansa heats up race for cheap flights to US

  Bloomberg Deutsche Lufthansa AG wants to add long-distance airplanes to its low-cost Eurowings arm as competition for discount travelers from Europe to the Americas intensifies. “We need aircraft beyond the seven we have,” Lufthansa Chief Executive Officer Carsten Spohr said at an aviation event, referring to the Airbus A330s based in Cologne that Eurowings uses for inter-continental leisure flights. ...

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Quebec decries ‘shocking’ Bombardier bonuses after taxpayer aid

  Bloomberg Bombardier Inc. should review the bonuses it awarded top executives after taxpayers helped underwrite the company’s still-fragile recovery, Quebec Finance Minister Carlos Leitao said. “People are shocked, and I’m shocked” at the compensation, Leitao told Quebec’s TVA television network in an interview. “I’m urging the board to rethink the compensation policy. I’m inviting them to review all this ...

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Abu Dhabi eyes more hotel guests in 2017

  ABU DHABI / Emirates Business Following a record-breaking year for hotel guests in Abu Dhabi, the emirate recorded impressive growth in the first two months of 2017, seeing a 5.5% rise in hotel guests. According to figures from Abu Dhabi Tourism & Culture Authority (TCA Abu Dhabi), 749,650 hotel guests have checked into the emirate’s 170 hotels and hotel ...

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