JetBlue supports P3 for LMM, invests $3M to move into Terminal A
May 17, 2012
New York-based JetBlue is marking its 10th year of service in Puerto Rico by investing $3 million to move into its own terminal facility at the Luis Muñoz Marín International Airport this summer. And although the carrier is not officially calling its local operation a hub, its 40 daily flights, and counting, have made it Puerto Rico’s dominant carrier.
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P.R.-Cuba flights grounded after 3 months may resume this summer
May 15, 2012
Last year, California-based Cuba Travel Services launched, with great fanfare, the first direct charter flights between Puerto Rico and Cuba since the 1959 revolution that brought Fidel Castro to power.
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JetBlue gets go-ahead to launch P.R.-Wash. D.C route
May 14, 2012
JetBlue Airways, Puerto Rico's largest carrier, was granted Monday a “beyond-perimeter” slot exemption from the U.S. Department of Transportation, which will enable it to launch new nonstop "capital-to-capital" service from Ronald Reagan Washington National Airport to the Luis Muñoz Marín International Airport. The carrier expects to start service in the fall.
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American Airlines looking to reduce square footage at LMM airport by 92%
May 14, 2012
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.
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AA looking to get out of LMM lease
May 11, 2012
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.
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Construction starts on $72M Ritz-Carlton Reserve Residences at Dorado Beach
May 11, 2012
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.
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Caribbean targets 2 new markets: South America, Russia
May 3, 2012
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.
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LMM private operator to be announced by summer
May 3, 2012
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.
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SJ cruise port makes it into ‘million-passenger-club’ list
April 27, 2012
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.
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Mexican, Spanish consortia finalists for LMM airport P3
April 26, 2012
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.
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Cabo Rojo’s Combate Beach joins Tourism Company’s ‘paradores’ program
April 19, 2012
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.
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Nearly 40 U.S., P.R. companies file class-action suit against Sea Star, Crowley
April 17, 2012
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.
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TSA to begin testing ID-checking technology at LMM on Apr. 23
April 16, 2012
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.
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Marriott aims to double footprint in the Caribbean, LatAm by ’17
April 16, 2012
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
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Construction starts on $49.5M Hyatt Place hotel in Bayamón
March 26, 2012
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.
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