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...The Mavericks have a 50 per cent stake in their arena, the American Airlines Center, which it shares with local NHL franchise the Dallas Stars....
...Hence, sovereign wealth funds, which have access to long-term capital, are joining private equity firms in putting money into clubs and leagues....
...Pre-pandemic, such trips had become so common that the company was booking “50 business class seats daily” from San Francisco to Shanghai, according to an accidental leak from United Airlines....
...access to it for free....
...American Airlines upped the size of its debt raising on Wednesday, shelving a $500m loan but adding another $1bn to its secured bond, taking the total to $2.5bn....
...The Trump administration’s intervention in the airline industry has not so much replaced private capital as helped carriers to access it....
...Airlines around the world are taking huge hits to revenue as the pandemic shrinks demand for air travel to near zero....
...Expect the merger to be the first of many inspired by a new American gold rush: sports betting....
...Hasnain Malik of Tellimer, an emerging markets research company, says Dubai should consider expanding access to long-term residency for expatriates, who currently have limited rights to remain....
...Their concentrated ownership of industries such as airlines and pharmaceuticals may push up travel and drug prices, some academics argue....
.... @2020 Nikkei Inc....
...Many French cinema owners, who are putting pressure on Cannes to resist Netflix et al, see the streamers’ disruptive attitude as an incursion into their territory....
...WPP will also reduce is planned capex from £400m to v£300m....
...On Wednesday it signed a memorandum of understanding with an undisclosed North American airline for 15 SpaceJet M100s....
...United Airlines, American Airlines and Delta Air Lines were in the process of changing their websites on Wednesday to meet a July 25 deadline, according to the carriers....
...Low-cost airline Ryanair has a broader vision, with aims to be the “Amazon for travel”, using customer data to cross-sell extras, such as hotel rooms, on a one-stop-shop platform....
...Then in January, the carrier said it would allow economy passengers who are frequent flyer members to pay to access its lounges....
...Even so, the fast-growing Gulf carrier aims to buy up to 4.75 per cent on the open market “depending on the share price”, Akbar al-Baker said in Dublin....
...Will Horton, analyst at Centre for Aviation, called the move by Qatar Airways as the “piece de resistance” of its expansion plan, noting it would help the carrier gain access to the world’s largest air travel...
...“Qatar Airways could potentially gain better access to traffic feed from American Airlines’ extensive domestic network.”...
...Shai Weiss, chief commercial officer at Virgin Atlantic, told the FT that the deal was the next logical step for the airline, which also faces competition from the British Airways and American Airlines partnership...
...Boeing insists nothing has changed with regard to its legal challenge. Through the deal, Airbus has access to the industry’s newest aircraft....
...These accumulated rewards points can be converted into more flights, upgrades and other travel perks, such as access to plush airport lounges and free hotel stays — all paid for by the card providers....
...A recent trade agreement between Australia and Japan, which gives Australian producers easier access to the Japanese market, is costing US exporters $400,000 per day, she says....
...“Unfortunately, we aren’t able to access any of our systems,” it said early on Monday....
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