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LGC Capital's travel business reports increase in business from new U.S. airline flights to Cuba

LGC Capital's travel business reports increase in business from new U.S. airline flights t...

articleElixxer Ltd.September 8, 20164/company/elixxer-ltd-1/news/lgc-capitals-travel-business-reports-increase-in-business-from-new-us-airline-flights-to-cuba
LGC Capital's travel business reports increase in business from new U.S. airline flights to Cuba

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[{"type":"text","content":"\n\n\n\nLGC Capital's travel business reports increase in business from new U.S. airline flights to Cuba\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nLGC Capital's travel business reports increase in business from new U.S. airline flights to Cuba\nCanada NewsWire\nMONTREAL, Sept. 8, 2016\n\n\n\n/Not For Distribution to U.S. News Wire Services or Dissemination In The United States/\n\nSymbol: TSXV: QBA\n\n\n\nMONTREAL, Sept. 8, 2016 /CNW Telbec/ - LGC Capital Ltd. (TSXV: QBA) (\"LGC Capital\") is pleased to announce that InCloud9 (IC9), its bespoke travel business, is already seeing an increase in U.S.-based travel to Cuba.  This is a result of the U.S. Department of Transportation's recent announcement that specific U.S. airlines are now able to fly scheduled commercial flights between the two countries.\n\nOn August 31, 2016, JetBlue was the first airline to fly a commercial flight from the U.S. to Cuba since 1961. American Airlines followed suit by beginning to offer direct commercial flights on September 7, 2016.\n\nBy the end of August, the U.S. Department of Transport had granted the following airlines access to Cuba from U.S. cities: Alaska Airlines, American Airlines, Delta Air Lines, Frontier Airlines, JetBlue Airways, Southwest Airlines, Spirit Airlines, and United Airlines. The airlines will offer direct flights to Cuba from Atlanta, Charlotte, Fort Lauderdale, Houston, Los Angeles, Miami, Newark, New York City, Orlando, and Tampa. (Refer to Reference Note 1 below).\n\nLGC Capital Co-Chairman & CEO, David Lenigas commented, \"The latest lifting of restrictions for commercial air travel between Cuba and the U.S. has seen a welcome boost to the Cuban travel sector and our bespoke travel company InCloud9 is seeing a rise in enquiries and travel between the two countries. InCloud9 is now in the process of expanding its staff in and out of Cuba to cater for the extra business.\"\n\nTourism to Cuba still isn't authorized for all U.S. citizens, but travelers can be approved under twelve sanctioned categories of trave...

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