On a global basis, emergency aid of up to $200 billion is required to save airlines
The FINANCIAL -- Extensive cost cutting measures are being implemented by the region’s carriers to mitigate the financial impact of ...
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Tag: Airlines
TUI suspends vast majority of holiday packages, cruises and hotel stays
The FINANCIAL -- Due to the unprecedented escalation of COVID-19, the Board of TUI are continuously evaluating the situation and ...
2020 global revenue losses for the passenger business of between $63
The FINANCIAL -- The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel coronavirus ...
Flybe collapses into administration: All flights are cancelled
The FINANCIAL -- British airline Flybe has collapsed. All flights have been grounded and that the business has ceased trading ...
Airlines’ shares plunges as coronavirus spreads
The FINANCIAL -- Shares of airlines and travel companies around the world plunged Monday due to fears about the spread ...
New CEO of Georgia’s Flag Carrier
Roman Bokeria worked in various positions in the private sector as well as public institutions in the United States. He ...
Heathrow’s Cargo Stockings Full to the Brim
The FINANCIAL -- Over 140,000 tonnes – the equivalent weight of 66 London Eyes - of Christmas cargo expected to ...
Emirates to Operate A380 to Glasgow
The FINANCIAL -- Emirates announced it will introduce a daily A380 service for a temporary period between Glasgow and Dubai ...
Bombardier to Supply a Further 20 FLEXITY Trams to Karlsruhe
The FINANCIAL -- Global mobility solution provider Bombardier Transportation received a call-off order from Albtal-Verkehrs-Gesellschaft mbH, the transport company of ...
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