GLG News by Online Travel Agency and Industry Experts (EU)

At the end of the process, only AF-KL and tiny Air One have remained as the alternatives for the Italian Government to go ahead with Alitalia's sale. It is however quite doubtful that any of the two ones are really good partners for the troubled Italian carrier, given their historical strategic fit...

- profit warnings from European LCCs leaders (Ryanair, Easyjet, Air Berlin) evidence increasing difficulties in shareholders' value generation in the cluster of the airline industry; - on the other hand, smaller players, like Vueling, are expanding their losses; - consolidation looks as reasonable to...

After the collapse of the Alitalia's sale process, with the last one of original 10 bidders having abandoned the game, it's now time for tough choices for the Italian Government. The past months showed that there is really little financial interest on the international market for Alitalia, most definitely...

- Boeing is performing better than direct competitor Airbus in the civilian market, where B777s and B787s are winning competition over the A350 and where B747ng is also promising better than A380;- In the military market, Boeing is benefiting from improvement of US military budget;- MRO business and...

Following the planned merger of MyTravel and Thomas Cook, the remaining two large European leisure travel Groups, TUI and First CHoice are also to merge. This was probably inevitable following First Choice's surprise abandonment at the altar by its two suiters, MyTravel & Thomas Cook a...

. airports are traditional local monopolies;. improved competition from either new comers or reconverted sites have taken innovators to reengineer their value proposition;. state-of-the-art managerial solutions have a dramatic impact over EBITDA values;. this transtion may be easily supported with advisory...

. the industry should turn all positive in 2006 instead than 2007. the industry seems to be quite immune from terroristic threats. further consolidation might be on the road

The linked Article was posted by eGov monitor Weekly in December of last year. It highlights research that has suggested that the Public Sector in the UK could save up to £40bn over the next decade by sharing services across public sector human resources and finance functions. The BuyIT Best...

This article aims to provide some useful guidance on some of the best practices in shared services.  It aims to cover some of the more significant areas that finance executives might want to consider when embarking on, or moving further down the path of, shared services.   "Shared...