Tag Archives: Chairman and CEO

Accor enters strategic partnership with Faena Group for expansion

Sébastien Bazin, Chairman and CEO of Accor, along with Alan Faena and Len Blavatnik of Faena Group, have entered a global strategic partnership aimed at expanding the Faena brand to strategic destinations worldwide. The two entities would work towards developing Faena Districts in select global destinations. The new venture will strengthen Faena’s personal and distinctive approach and will become a catalyst for exponential growth. Dubai is slated to be the first international destination. “Accor is building an experience-based hospitality platform and in doing so, we greatly value the energy and ideas that entrepreneurs, creators and visionaries bring. Alan Faena is a clear leader in the luxury lifestyle sector with his transformative concepts. Faena Districts are shifting the gravitational centers of the cities where they reside, making a true difference in their communities. These will serve as our model as we work hand-in-hand with the Faena team to help achieve their vision and global expansion ambitions. We look forward to a long and rewarding future working with Alan, Len and the entire Faena group,” said Sébastien Bazin, Chairman and CEO, Accor. “We have found in Accor a perfect partner; we have a shared vision and passion. As Faena expands, we plan to continue rethinking hospitality lifestyle and shaping the path for groundbreaking concepts, setting new industry standards in the creation of inimitable environments rooted in culture, positively transforming cities, shifting old paradigms and becoming new international cultural epicenters. It has always been our dream to share the Faena ethos and artistic This partnership will result in pioneering businesses which specialises in the development of one-of-a-kind, socially responsible, holistic environments, anchored in cultural experiences ranging from residences and hotels, art and cultural …

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Jet, Air France-KLM enter into first-of-a-kind partnership

Air France-KLM and Jet Airways have signed a landmark ‘Enhanced Cooperation Agreement’ for the development of their operations between Europe and India. A first in the history of Indian aviation, this agreement strengthens the partnership built between the three airlines since 2014. This cooperation was expanded in 2016 with an extensive code-share agreement for connections between Europe and North America and Jet Airways’ hubs at Mumbai and Delhi in India via Air France-KLM’ hubs at Paris-Charles de Gaulle and Amsterdam-Schiphol. Jean-Marc Janaillac, Chairman and CEO, Air France-KLM, says, “Air France-KLM and Jet Airways are launching the first cooperation agreement of its kind on the India – Europe market, one of the markets at the heart of the group’s strategy for the coming years. We are innovating within the airline industry by offering connections between two partnerships for the first time: our enhanced cooperation agreement for India – Europe with Jet Airways and the Air France-KLM and Delta Air Lines’ Europe – North American joint venture. Jet Airways, Air France, KLM, and, Delta Air Lines will thus connect India to a vast transatlantic network via the Paris-Charles de Gaulle and Amsterdam-Schiphol hubs. With over 1,200,000 customers carried between India and Europe by the Group and our Indian partner, half of whom are travelling onward to North America, we are confirming our ambition to offer customers an enhanced network, and a unique, seamless product tailored to their needs with the best products and services.” Naresh Goyal, Chairman, Jet Airways, adds, “The enhanced cooperation agreement between Jet Airways, Air France and KLM being signed during Jet Airways’ 25th Year and Air France’s 70 Years in India, represents the next stage in our journey …

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