Word: frankfurt
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Dates: during 2000-2009
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...Frankfurt, the Messe Frankfurt GmbH, a company that operates Frankfurt's convention center, leased its exhibition halls to an American investor for 99 years and signed a deal to rent it back for 28 years. The Messe would not disclose any details of the deal or say whether AIG is providing its credit insurance...
...Amsterdam and Paris, business passengers make up 65% to 70% of the traffic, a percentage that works for OpenSkies and points to opportunities in other business centers like Frankfurt and Milan--if BA gives the airline enough support. BCG's Egan, a consumer-products specialist, says that consumer awareness of OpenSkies is limited and that as a boutique brand in a large company, it is always vulnerable. "All my clients have little brands like this. But the problem is, Can you keep incubating them...
First-Class Spa. Lufthansa has opened a spa lounge for first-class customers in Concourse B of the Frankfurt Airport. Passengers can book massages, facials and other treatments, and pay for them with miles or cash. The spa has six large private bathrooms, where you can shower or take a Jacuzzi or even play with the rubber duckies dressed in dirndls and lederhosen that float in the bath. There's also a room with a Wii console and fitness and sport games to pass the time. To round out the pampering, Lufthansa provides limousine service from the lounge for passengers...
...Most European markets opened to small gains Tuesday, before wavering between green and red. By noon, London's FTSE 100 was down 1.2%, Paris' CAC was up 0.35 %, and Frankfurt's DAX was virtually flat...
...Even before Wall Street's opening slump of 1.66%, prices on European exchanges suffered serious erosion, with London's FTSE 100 down 4.2%, Paris' CAC 40 by 3.6%, and Frankfurt's Dax index 2.8%. The trio closed Monday trading with losses of 5.33%, 4.48%, and 3.48% respectively. The European shrinkage followed Asia's lead, with Tokyo's Nikkei index dropping 3.8%, Hong Kong's Hang Seng off 3.9%, Sydney's All Ordinaries falling 2.8%, and Mumbai's BSE Sensex down 3.69%. (See pictures of the global financial crisis...