News that Lufthansa plans to invest over $2.4 billion by 2025 to create a new class of luxury in its aircraft cabins is no surprise.
Lufthansa
Short of Cash: TUI Solvency Threatens Hundreds of Greek Businesses
News that Greek hoteliers are over a barrel because TUI AG has not yet to pay millions of euros to certain hotels, comes as little surprise.
Germany’s Lufthansa Announces More Cutbacks and Layoffs
Lufthansa Group just announced permanent, group-wide cuts on capacity and further reductions of personnel, due to the impact of the coronavirus (Covid-19) on travel.
Tourism Profits and Surfing the Humongous COVID Second Wave
Greek authorities have reported 453 new coronavirus cases, which is the highest single-day rise since the end of lockdown. Meanwhile, corporate interests sail full speed a course into the unknown.
Greek Finance Minister Beckons Foreign Investors to Come to Greece
Greek Finance Minister Christos Staikouras is inviting foreign investors to invest in Greece. But some fear outsiders already own too much of the country.
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