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Greece's latest tourism industry news by Greek Travel Pages (gtp)

New Airline Reservation System Offers Airlines an Ownership Stake

A new global distribution system of sorts has emerged and travel agents are worried that it might be taken over by airlines. G2 SwitchWorks Corp., which has developed a reservation and management system and serves as a middleman between airlines and ticket sellers, announced last...

Air France-KLM Merger Approved

Competition commissons in both the European Union and America last month approved the proposed merger between Air France and Holland's KLM airlines. With this approval of the carrier's de facto takeover by Air France, KLM's life as an independent airline comes to an end.

Air France-KLM Deal Just the Beginning

Air France's planned takeover of KLM Royal Dutch Airlines, which would create Europe's largest airline, may just be the beginning of a trend as airline carriers look to ways to cooperate and cut costs after two years of extensive losses.

Airlines Sell Worldspan

An agreement was signed last month by Travel Transaction Processing Corporation to purchase Worldspan from its three airline owners (Delta Air Lines, Northwest Airlines and American Airlines).
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