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air france

Air France Will Serve Close to 200 Destination this Summer

5 mins read

The FINANCIAL -- In line with the gradual reopening of French borders and the lifting of certain travel restrictions, Air France teams at the airport and on board are fully mobilized to help customers reunite with their loved ones or reach their holiday destinations.…

KLM reduces capacity in Europe in response to second wave of COVID-19

3 mins read

The FINANCIAL — In the coming months, KLM will serve around 90-95% of the European destinations it served before the crisis. Service will be suspended to a number of destinations, primarily in the United Kingdom. Overall capacity aboard European flights will be reduced from about 50% to 40% compared to pre-corona figures. In terms of…

American Airlines plans to cut 19 000 jobs

8 mins read

The FINANCIAL — American Airlines announced that it would shrink its workforce by 40,000, including 19,000 involuntary cuts, on 1 October, as the coronavirus pandemic continues to weigh on air travel. Other airlines such as United, British airways and Lufthansa have warned of similar cuts. American executives said that the furloughs can be avoided if the…

Virgin Atlantic will cover COVID-19 expenses up to £500,000 if you catch it while travelling

7 mins read

The FINANCIAL — Virgin Atlantic has introduced Virgin Atlantic COVID-19 cover, which is a complimentary COVID-19 global insurance cover for all bookings, including all existing and new ones, travelling from 24 August 2020 up until 31 March 2021. The policy is designed to provide peace of mind to customers and it will be applied automatically to…

BA to cut up to 12 000 jobs while Lufthansa plans to axe 22 000

6 mins read

The FINANCIAL — British Airways plans to axe almost 30 per cent of the airline’s workforce. Airline says that the financial impact of Covid-19 is already greater than 9/11, SARS, the ash cloud and the financial crash of 2008/09 combined. Lufthansa also plans reduction of 22,000 full-time jobs as coronavirus pandemic led to an 80 percent drop in…

Negotiations with several airlines are in progress to resume flights in September

5 mins read

The FINANCIAL — At the briefing after the Interagency Coordination Council of the Government, Minister of Economy and Sustainable Development Natia Turnava said, that around 2700 foreigners from neighboring countries of Georgia, as well as from European countries registered application to enter Georgia. Minister of Economy also stated, that  there is intent to recommence flights to Greece. In addition, government continues…

Lufthansa resumed flights from Tbilisi, Air France and airBaltic to follow suit

5 mins read

The FINANCIAL — Today, on 3rd of August, German Airline Lufthansa, resumed regular flights from Tbilisi, Georgia to Germany. During the first regular flight to Munich, all passengers were given TAV branded masks from the airport staff. Flights will be performed twice a week. Technical negotiations have been successfully completed with Air France and airBaltic and commercial flights will be…

European Commission approves €3.4 billion KLM bailout

5 mins read

The FINANCIAL — The European Commission has approved, under EU State aid rules, a €3.4 billion Dutch aid measure consisting of a State guarantee on loans and a subordinated State loan to KLM. As a result of the imposition of travel restrictions introduced by the Netherlands and by many destination countries to limit the spread of…

German Embassy in Georgia welcomes the Georgian govt’s decision to open its borders

6 mins read

The FINANCIAL — Since Georgia’s inclusion on the list of safe countries, and the issuance of the recommendation on the possible reopening of borders to these countries, the Georgian Government has been engaged in active bilateral negotiations with several EU member states. According to, Press Service of the Government Administration, agreements on the unconditional bilateral reopening…

Airlines’ shares plunges as coronavirus spreads

5 mins read

The FINANCIAL — Shares of airlines and travel companies around the world plunged Monday due to fears about the spread of the coronavirus. The International Air Transport Association warned last week that the virus would inflict a $1bn hit on airline industry’s revenues. Korean Air cabin crew worker tests positive for coronavirus. EasyJet dropped 16.4…