Lufthansa refunded over €3 bln to 7 mln customers

The FINANCIAL —  In the current year, the airlines of the Lufthansa Group have so far reimbursed over three billion euros to a total of over seven million customers (as of 30 September 2020). The number of ticket refunds still open fell to…

1 min read

Airbnb: 40% drop in bookings and loss of $276.4 million

The FINANCIAL — Airbnb Inc’s bookings in major cities across the world have plunged. People are deciding to cancel travel plans because of the coronavirus outbreak. Also, there is an increasing number of travel restrictions being put in place around the world.…

4 mins read

Airbnb proposes flexible reservation policies over coronavirus

The FINANCIAL — Since the World Health Organization declared a global health emergency for the Coronavirus (COVID-19) outbreak, Airbnb has been closely monitoring official news and guidance in order to support community of hosts, guests, and employees around the world. The new…

5 mins read