American Airlines’ cycle as the leading carrier at the Luis Muñoz Marín International Airport could officially come to an end on June 1, if the U.S. Bankruptcy Court approves its petition to turn over the $350 million, 370,000 square-foot terminal facility it built in 1986 to the Puerto Rico Port Authority, News is my Business learned.
American Airlines, once the anchor and darling of the Luis Muñoz Marín International Airport, filed a motion in a U.S. Bankruptcy Court in New York stating its interest in getting out of its lease agreements with the government for the use of the facilities, the Dallas Morning News reported Thursday.
The developers of the Dorado Beach property, PRISA GROUP, broke ground on the second phase of construction of the “Ritz-Carlton Reserve Residences,” a $72 million project that seeks to position Puerto Rico as world-class destination for upscale living and tourism.
Caribbean islands are aggressively courting new tourism markets as restrictive U.K. airline taxes and hard times in the United States keep thousands of potential British and American visitors at home.
The two consortia in the final running for the 40-year management concession of the Luis Muñoz Marín International Airport have already been selected, with the final winner to be announced by summer.
The San Juan cruise ship port has made it into an elite group of 16 such facilities around the world that welcomed more than a million passengers last year, rubbing shoulders with major U.S. mainland and European cities.
A high-ranking executive of Mexico’s Grupo Aeroportuario del Sureste said his company is one of two groups remaining to take over the operation of the Luis Muñoz Marín International airport through a public-private partnership with the government, News is my Business learned.
The 18-room oceanfront Combate Beach Resort in Cabo Rojo officially joined the list of Tourism Company-endorsed “paradores,” Wednesday, taking on a new identity as part of the inclusion.
Nearly 40 commercial customers who opted out of the $52.2 million settlement that maritime cargo companies Sea Star and Crowley reached with the U.S. government a few months ago have filed a new class-action suit against the carriers at the U.S. District Court in South Carolina.
The Transportation Security Administration announced over the weekend that it will begin testing new technologies designed to enhance its ability to identify altered or fraudulent passenger identification documents and boarding passes at the Luis Muñoz Marín International Airport, starting Apr. 23.
The $340 million Ritz-Carlton Reserve slated to open in Dorado in December is one more than 70 hotel properties Marriott International is developing in the Caribbean and the Latin American region
Construction of the $49.5 million Hyatt Place Bayamón & Tropical Casino, which marks the return of the hotel chain to the island after a seven-year absence, was announced Monday by developers PRISA Group and McConnell Valdés Consulting Inc. during a news conference at the Science Park in Bayamón.
Despite the persistent rain, hundreds of volunteers from JetBlue Airways, stateside nonprofit KaBOOM! and Apoyo Empresarial for the Cantera Peninsula, came together Thursday to build a new playground for kids residing in the San Juan community.
JetBlue’s bid to launch a nonstop route connecting the Luis Muñoz Marín International Airport with the Reagan National Airport in Washington D.C. is being backed by the Puerto Rico Federal Affairs Administration, which through an email outreach campaign is urging frequent flyers to voice their support of the carrier’s plan.
JetBlue Airways confirmed Wednesday it will be moving into Luis Muñoz Marín’s vacant Terminal A at the end of May, upon reaching an agreement with the Puerto Rico Ports Authority. The agency had hinted late last year that such a move was in the works for the island’s largest air carrier.
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