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Greece's latest tourism industry news by Greek Travel Pages

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.

Korean Air To Purchase 17 New Aircraft

Korean Air has signed a memorandum of understanding with Airbus and Boeing respectively to purchase a total of 17 aircraft. The deal includes eight A380s from Airbus, and seven B777s, and two B747-400ERFs from Boeing.

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).

SkyTeam Alliance Expands through Associate Membership

Executives from the airline alliance SkyTeam, met in London recently where they announced plans to introduce an associate airline program that will expand customer benefits to additional regions of the world. The plan calls for opening associate SkyTeam membership to carriers...

Travel Agents Do Not Need Airlines To Survive

With airlines posting negative revenue reports, and their "zero commission policy," the future of the travel agency industry was considered in doubt last year. But some agents have found ways to prosper amid all the uncertainties.

SkyTeam Adds Service To Airline Alliance

A new 4-airline alliance, SkyTeam, got off the ground recently. And besides the usual pieces forged together by partners in an alliance -common reservations, ticketing and check-in services, common frequent-flyer benefits and access to every destination flown by each airline-...