Flybe, Europe’s biggest regional airline has folded because of COVID-19. How many more transportation and tourism related business will fail?
airlines
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.
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