Travel Sector

Authorities to grant $1m to Maine ferries for upgrades

Authorities to grant $1m to Maine ferries for upgrades

The authorities in Maine have said that they will grant a total of about $1 million to the Maine State Ferry Service for upgrading its boats and facilities.

Allegiant Decides to Ground Planes to Abide by Safety Rules

Allegiant Decides to Ground Planes to Abide by Safety Rules

A total of 30 planes of Allegiant Travel Co. have been decided by it to be grounded. Or else, it would certainly ground half of the fleet with an aim to scrutinize emergency exit slides and adhere to safety guidelines.

UK Tourism Registers Growth As Visitors Spend More

UK Tourism Registers Growth As Visitors Spend More

During the first half of 2013, the tourists spent 9 billion pounds in UK as per the latest data released by Office for National Statistics. The UK tourism sector has seen highest spending so far of £8.72bn by foreign nationals, registering increase of 11 percent compared to last year.

Thomas Cook Faces Financial Crisis

Thomas Cook Faces Financial Crisis

As per reports, it has been revealed that Thomas Cook has been looking out for ways by which they are able to reestablish them. This seems to be the reason that they are having word with their bankers, so that they can extend their financing arrangements and finalize their deal, which is worth £1.2bn.

Thomas Cook Gets Additional £100 Million from Lending Bank

Thomas Cook Gets Additional £100 Million from Lending Bank

Thomas Cook, the tour operator has found a way of overcoming debts. It has been reported that Thomas Cook has struck a deal with its lending banks. As per reports, the deal will minimize the losses occurred to the operator in the last winter.

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