April 2, 2007



Perks in coach class
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Welcome to the April 2nd edition
of the PAX International e-newsletter!

Rick Lundstrom
rick@pax-intl.com

Editor’s Note:
Pax International announces new Global Awards

For product information please send to our Product editor

Hibah Noor
hibah@pax-intl.com


Alpha management reports "stronger position" heading into new year
Though underlying operating profits were down from the previous year, Alpha Airports Group’s yearend report stated that the company is moving in the right direction following a management shake-up earlier in the year and a terrorist scare in the United Kingdom last fall
UPDATED 2 April 2007


Watermark signs management pact with Air Canada
Watermark Group’s Encompass asset management program will be used to manage the global supply chain for Air Canada under a three-year asset management contract signed last month and announced recently
UPDATED 2 April 2007

Gate Gourmet credit rating upgraded
Standard & Poors recently upgraded Gate Gourmet’s credit rating from a B-minus to a B and removed the ratings from the CreditWatch service. The caterer’s outlook is now described as “stable.”
UPDATED 2 April 2007
Newrest event introduces company
A company built by management from the old Eurest and Catair operations last fall was given a glittering kickoff March 5 in a dinner and introduction at the Eiffel Tower
UPDATED 2 April 2007

Pourshins party rocks Cologne
The traditional Relax After ITCA event hosted by Pourshins and sponsored by several companies within the industry this year entertained more than 230 partygoers into the wee hours of the morning March 9 in Cologne.
UPDATED 2 April 2007

Correction
In early versions of our newsletter of March 20, PAX International incorrectly stated the new ownership arrangement of Gate Gourmet. Merrill Lynch purchased the remaining share that was held by Texas Pacific Group and the company is now owned by approximately 100 investors.

PAX International apologizes for the mistake and any confusion it may have caused.


Celebrity plans two wine cruises
Before the start of the start of its 2007 Alaska season, Celebrity Cruises will hold a cruise through the western wine country featuring speakers, wine appreciation seminars, culinary blending courses and shore excursions on a seven night cruise from San Francisco to Vancouver
UPDATED 2 April 2007

Princess plans up-close look at dining operation
Passengers on the Emerald Princess will be welcomed into the ships "inner sanctum" this spring to browse galleys and having pre-dinner cocktails and hors d’oeuvres
UPDATED 2 April 2007

Indian Railways plans ISO and HACCP
The Indian government’s Ministry of Railways has been engaged in high-profile effort to improve food service on the country’s trains, and recently announced several goals for the Indian Railways Catering and Tourism Corp
UPDATED 2 April 2007

Bitter passengers want new coffee on First ScotRail
Passengers on First ScotRail seem to prefer something other than the fresh ground coffee they have been receiving since the rail line introduced what it thought was a better quality brew
UPDATED 2 April 2007


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