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Star Alliance member United Airlines, in cooperation with partners such as JPMorgan Chase, GE Aerospace, Honeywell and Air Canada, has launched a USD 100 million fund that specifically invests in startups dealing with
Airports Group Europe has bought more shares in Vienna International Airport and increased its stake to 40 percent. The Australian fund is legally obliged under Austrian law to make a takeover bid, “however, we are not seeking one
The bankruptcy of the travel group Thomas Cook revealed a weak point in the package travel law in Germany, because the insurer's liability was limited to 100 million euros for legal reasons. Now the Bundestag decided that night
Package holiday vacationers are to be protected in the future through their own travel insurance fund. This emerges from the ministerial draft that has now been presented. The new regulation is intended to replace the previous protection provided by insurers and credit institutions. The insolvency protection should be via a central travel price protection fund
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