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coronavirus airlines

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

3 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 all flights automatically. Emirates also covers medical expenses of up to EUR 150,000 and quarantine costs of EUR 100 per day for 14 days while they are away from home.  In the event that they or anyone else on their booking becomes ill with COVID-19 while…

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

3 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

3 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…

United Airlines Q2 revenue reports 87% decline

2 mins read

The FINANCIAL — United Airlines (UAL) today announced second quarter 2020 financial results, the most difficult financial quarter in its 94-year history, with a net loss of $1.6 billion, and an adjusted net loss¹ of $2.6 billion. The company continues to take aggressive action to mitigate the impact of the COVID-19 pandemic by raising liquidity and…