Quito named next destination to host MITM

Quito in Ecuador will be the home to the 16th Meetings and Incentive Travel Market (MITM) Americas, following the competition of this year's show in Havana, Cuba.

Emirates airline could be put up as debt collateral

As Dubai continues to struggle with its debt loads, reports have now arisen claiming that the emirate will have to put Dubai's flag carrier Emirates up as collateral for any new debt restructuring.

Starwood and Hilton seek a settlement

The civil case in which Starwood Hotels & Resorts Worldwide and Hilton Hotels are entwined could reach a conclusion soon as both sides seek a settlement.

US regulators turn down Boeing advice on ice

The United States Federal Aviation Administration (FAA) has rejected advice from Boeing that its B777s needed to have parts replaced immediately, saying that they were safe until 2011.