30th June 2010

London Hotel launches electric car hire

Free electric car hire is now being offered by the Kensington hotel base2stay.
The London Hotel, in the city’s inner-west, has a proud history of being at the forefront of eco-friendly programs and has won consistent praise for its green credentials in an industry which is seen as being often wasteful.
Under the new complimentary rental program, guests at base2stay will be entitled to enjoy up to four hours worth of free electric car hire this summer using the highly acclaimed Citroen EV’ie. The Citroen, which will be supplied to the hotel by the eco-friendly car hire company Move About, is able […]

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30th June 2010

Hertz pledges job security in takeover bid

Car rental leader Hertz has moved to reassure staff and investors at Dollar Thrifty over job levels.
Hertz has announced that the potential takeover bid for Dollar Thrifty would not affect staffing for a minimum of three months; with the company’s Tulsa-based workforce guaranteed stability for that period should the proposed $1.3 billion acquisition go ahead.
Hertz CEO Mark Frissora made the announcement, and added that Hertz will continue the incumbent base wage, benefit, bonus and severance pay schemes for a minimum of 15 months after the conclusion of the transaction.
Frissora’s assurances came via a letter to letter to Dollar Thrifty CEO […]

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30th June 2010

Ryanair announces cut in UK winter capacity

Budget carrier, Ryanair, has announced that in reaction to the UK government’s Air Passenger Duty (APD), it will be reducing its winter capacity in the UK by 16 per cent. The airline claims that by doing this it will be able to reduce costs and boost profits. Speaking at a press conference, Ryanair’s chief executive, Michael O’Leary, said that the APD, as well as the high airport charges being levied by BAA, was harming both tourism in the UK and the country’s economy.
Ryanair plans to move some of its London-based aircraft to less expensive European bases where governments have cut […]

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30th June 2010

Hertz promises Dollar Thrifty employees three months of stability

Hertz has promised that if its $1.3 billion bid for Dollar Thrifty is accepted, then employees of the budget car hire firm in Tulsa would be secure in their jobs for at least three months following the take over. Hertz chief executive, Mark P Frissora, said in a letter to Dollar Thrifty chief executive, Scott […]

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30th June 2010

Air passenger numbers back to pre-recession levels

The International Air Transport Association has confirmed that for the first time since the global recession took hold two years ago, the number of passengers boarding flights with the world’s major airlines has bounced back. Following almost 24 months of plummeting numbers, air passenger levels are back to their pre-recession figures.
Figures for May show that passenger traffic jumped by 12 per cent compared to the same month a year earlier. IATA also claims that demand for air freight during the same month jumped by a massive 34 per cent on a year ago. A rise in air freight is always […]

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