Company updates

Deutsche Lufthansa AG has cut its forecast for operating profit next year as weaker economic growth weighs on ticket prices and competition increases.

A strategic alliance was concluded between the University of Piraeus and Hellenic Seaplanes last week, with the aim of providing the knowhow to the future executives of the waterway sector.

The maritime services of the Grimaldi Group between Italy and Greece will be enhanced next summer with the launch of a new line, according to a recent announcement.

After 14 years of sailing the Greek seas, the Blue Star Ithaki vessel began its long journey to Canada, its next country of operation.

Hellenic Seaplanes has expanded its waterway network to include the port of Sitia, eastern Crete, the company said in a statement.

The airlines in the Lufthansa Group – Austrian Airlines, Brussels Airlines, Germanwings, Lufthansa and Swiss – are again offering customers a dense and high-frequency route network in the upcoming 2014/2015 …

Ryanair and Aegean Airlines, potential buyers of Cyprus Airways, now have until 15 November to submit their binding offers for the loss-making national carrier.

What started out in 1980 as a small travel service provider for shipping companies based in the port of Piraeus has grown into a fully-fledged travel organization that topped the …

One year after its merger with Olympic Air, Aegean Airlines has moved to a new path of growth, counting 50 aircraft, 9.8 million passengers, 2,400 employees and 2 technical hangars.

Greek online travel agency airtickets.gr recently launched a new global ad campaign to promote its international website airtickets.com to a global audience.

Emirates celebrated another milestone on Wednesday 29 October 2014 with the delivery of the airline’s 100th Boeing 777-300ER, the world’s largest, long-range twin engine commercial aircraft.

Destsetters, a Greek company that focuses on niche travel markets, has launched a brand new, fully redesigned website, highlighting its global attitude.

Aegean Airlines recently reinstated its direct flights from Athens to Cairo, three years after their disruption.

Spanish airline Iberia announced on 23 October that it was extending direct flights between Athens and Madrid during the winter months, three times a week.

Greece has been the leading country market in each of the last two summers for Prague-based low cost airline SmartWings.

Travelport has launched a new version of Travelport Smartpoint, its industry-leading agency desktop technology aimed at making booking travel easier and more profitable for travel agencies.

The number of TUI’s customers visiting Greece this year increased by 10 percent, according to Peter Long, the CEO of TUI Travel PLC, one of Europe’s biggest tour operators.

Ryanair content is now available to travel agents via the Amadeus GDS system, for the first time in over a decade.

South African Airways (SSA) will move to the new Terminal 2 at London Heathrow, on Wednesday 22 October 2014. Terminal 2, The Queen’s Terminal is the new home of Star …

Lufthansa has announced special timetables for the next two days in response to planned strike action by its Vereinigung Cockpit pilots’ union.