Bulgaria Air to Be Sold

Bulgaria's government has approved a deal for Balkan Hemus Group, a part of Hemus Air, to take a 99.99 percent stake in Bulgaria Air. The company vowed to invest $107.7 million and create about 500 new jobs by the end of the fourth year of the sale, the Sofia Weekly reported on Friday. Balkan, which outbid Italian carrier Air One for Bulgaria Air, plans to open 36 new destinations and debut 164 new frequencies of regular routes.

Suggested Articles:

The island hoped to surpass 5 million visitors, but U.S. sanctions and travel restrictions severely cut into American visitor numbers. Read more here.

The new 18-hole course will be exclusive to guests at the Grand Solmar at Rancho San Lucas Resort Golf & Spa, which opened in February 2018.

Car rental companies, travel agencies and more lead this week’s news in executive appointments in the travel industry. Here’s what you need to know.