In the not too distant future, tourism and hospitality industry officials are going to wake up to the fact that the 2020 touristic season has been canceled by a pandemic. Already, Europe’s airlines stand to lose more than €76 billion according to the International Air Transport Association (IATA). And for every euro the airlines lose, destinations […]
airlines
TUI Cancels TUI Holidays Over Coronavirus Situation
TUI will no longer be offering TUI holidays departing 17 March to 16 April 2020 on account of restrictions from the coronavisus pandemic.
The U.S. Covid-19 Travel Ban Signals a Disaster of a New Order
Stock markets are in freefall over the COVID-19 pandemic and Europe is in a panic over Trump’s travel ban. But this is only the beginning.
Ministers, Airlines, Cruises, and COVID-19 Bean Counting
Tourism Minister Theoharis and Condor Airlines executives met in Berlin last week to discuss the impacts of the coronavirus and other issues.
Will the COVID-19 Outbreak Reset the Airline Industry?
Flybe, Europe’s biggest regional airline has folded because of COVID-19. How many more transportation and tourism related business will fail?
IATA Estimates Losses from COVID-19 May Soar to $113 Billion
IATA now sees 2020 global revenue losses for passenger business at between $63 billion and $113 billion. There are no figures for cargo.
COVID-19 May End Up Costing World Airlines $29 Billion in Revenues
New York – The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. Considering that growth for the region’s airlines was forecast to be 4.8%, the net impact will be […]
Norwegian Announces New London to Greece Service
Norwegian has just announced a new twice-weekly London-Greece service, set to take off in May and to run through October.
Aegean Airlines Breaks Previous Passenger Traffic Record
AEGEAN set a new passenger traffic record with over 15 million passengers and a 7% increase in total passenger traffic for 2019.
Ryanair Becomes Europe’s Biggest Airline in Passenger Numbers
Ryanair is now Europe’s biggest airline. the Irish low-cost carrier flew 152.4 million people in 2019, a 9% increase.
Aegean and Air Nostrum Bid for Croatia Airlines Stake
Aegean Airlines and Spain’s Air Nostrum have submitted non-binding bids for the acquisition of Croatia Airlines.
Russia’s UAC to Build 72 MC-21 Passenger Planes Annually by 2025
Russia’s United Aircraft Corporation (UAC) announced plans to produce six MC-21 passenger jets in 2021 and twice as many in 2022.
Aeroflot Reaffirms Global Leadership at the World Travel Awards 2019
Aeroflot has affirmed its position as a leader in global aviation by taking home two top prizes at the World Travel Awards 2019.
Condor and Lufthansa Add New Greece Flights for 2020
German Airlines Condor and Lufthansa say they have added new Greece flights tom compliment their Summer 2020 offers.
easyJet Launches New Flexible Holiday Business with Handpicked Hotels
easyJet has announced a new holiday business which offers great-value holidays to handpicked hotels across Europe.