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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JetBlue Airways leads effort to build playground in Cantera
March 23, 2012
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.
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JetBlue’s bid to connect LMM-DC draws online support
March 16, 2012
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.
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JetBlue confirms move to LMM’s Terminal A
March 14, 2012
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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