Ferrovial increases bid for BAA
BAA which runs London’s Heathrow, Stansted and Gatwick airports, has rejected an increased hostile takeover bid from Spanish construction company Ferrovial.
The Spanish group raised its bid from £8.8bn to £9.7bn but BAA chairman Marcus Agius said it “still falls well short of the true value of the company.”
He said he believed that BAA, which also runs four other UK airprots as well as several overseas, had an “exceptional future” and added: “We remain determined that this company, with its unique assets, will not be sold to the Ferrovial Consortium or any other bidder on the cheap.”
Russian partner joins GlobalStar
Nicko Travel Group has joined GlobalStar Travel Management, a joint venture partnership of TMCs, as its partner in Russia.
Nicko which was founded in 1991 has eight offices and ten implants across Russia and sales of $60m.
Demand for travel management in Russia is increasing sharply. Graham Ramsey, ceo of ATP International, one of the GlobalStar partners said: “We are delighted to have widened our worldwide network of travel management partners by establishing links with Russia.”
Heathrow Express signs deal with JAL
Heathrow Express, the fast non-stop rail link between Heathrow Airport and Central London, has signed an agreement with Japanese carrier Japan Airlines (JAL) enabling the airline to sell tickets for the train on its website.
David Maddison, Heathrow Express’s international account manager, said: “We appreciate that our passengers are JAL’s customers too, so by working together we can provide the fastest, most seamless transit from Heathrow into London.”
Air Partner in deal with Leading Group Sales
Private jet charter company Air Partner has signed an agreement with Leading Group Sales, a subsidiary of The Leading Hotels of the World, to be its exclusive provider of charter flights.
Marriott claims 15% of bookings made online
Marriott International said that 15% of its reservations were now made online through its own website Marriott.com
The hotel chain said that the site, launched ten years ago, now attracted 13m visits a month, six times more than the telephone.
Shafiq Khan, senior vp e-commerce for Marriott, said: “Our customers are increasingly turning to the web as they make their travel plans, and we are committed to continuing to enhance Marriott.com to meet their needs online.”
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