Automatic

📍 Airbus saw a significant number of orders in September, but deliveries fell by 9% compared to the previous year, while Boeing, despite a strike, maintained a healthy number of deliveries. British Airways, due to issues with Boeing 787 engines and parts from Rolls-Royce, has postponed its service to Malaysia and reduced operations to Qatar and New York, with 15% of its fleet grounded. In Spain, hotel chains with fewer than 1,000 rooms saw a revenue increase in 2023, with 36 out of 37 reporting growth, often in double digits. The III Global Summit by Ilunion Hotels discussed innovative practices for talent retention in tourism. Bookings.com's hotel scores declined between 2020 and 2023 due to changes in the scoring system. Destino Pacha Hotel Ibiza will reopen as a 5-star hotel, Five Ibiza, in 2025 after Five Holdings acquired the Pacha Group's hotels and nightclubs for approximately €320 million. Ryanair and Eurowings are reducing their operations in Germany in response to increased airport taxes, with Ryanair ending 22 connections and cutting Hamburg flights by 60%, and Eurowings canceling over 1,000 flights next year. The tourism sector is looking towards AI for advancements in sustainability, discussed at the third edition of the Ágora de Turismo Sostenible hosted in Madrid.

🏦 Sidenor, an industrial group from the Basque region, has shown interest in acquiring 100% of Talgo, a train manufacturer. This bid, backed by the Basque Government and potentially supported by Spain's central government and the CEOE, follows failed attempts by Magyar Vagon and Skoda. The Basque Government, with funds like Finkatuz used for investment in companies like ITP, Kaiku, and CAF, emphasizes support for a project that maintains local roots and boosts employment. This development marks a new chapter in Talgo's ongoing rescue operation.