The FINANCIAL — Air travel demand in Europe is recovering from COVID-19 impact. Business aviation recovering faster than other segments and now only 9% below 2019 levels. Also, all-cargo flights are 4% above 2019 levels. Ryanair, announced it has restored over 60% of normal flight schedules from 1st August, following the successful resumption of its services at the end of June. Based on traffic levels, the Top 5 busiest countries include Germany, UK, France, Spain and Italy. EUROCONTROL is a pan-European, civil-military organisation dedicated to supporting European aviation. Its latest comprehensive report sees business aviation recovering faster than other segments and now only 9% below 2019…
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The FINANCIAL — Air travel demand in Europe is recovering from COVID-19 impact. Business aviation recovering faster than other segments and now only 9% below 2019 levels. Also, all-cargo flights are 4% above 2019 levels. Ryanair, announced it has restored over 60% of normal flight schedules from 1st August, following the successful resumption of its services at the…
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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…
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The FINANCIAL — Following the first review under the recommendation on the gradual lifting of the temporary restrictions on non-essential travel into the EU, the Council updated the list of countries for which travel restrictions should be lifted. This list will continue to be reviewed and, as the case may be, updated every two weeks. Serbia…
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The FINANCIAL — National Statistics Office of Georgia published express data of External Merchandise Trade of Georgia in January – June 2020. The trade deficit of Georgia equaled USD 2 065.4 million and its share in trade turnover constituted 40.7 percent. External Merchandise Trade of Georgia decreased by 16.3 %. It amounted $ 5 072.5 million in January-June…
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The FINANCIAL — Hungarian low-cost airline Wizz Air shared the news of launching 6 new routes to and from Abu Dhabi, United Arab Emirates. One of the new destinations is Kutaisi, Georgia. Flights will start on October 1st. Also, Wizz Air has implemented additional preventive measures aiming to minimize the potential spread of coronavirus pandemic. Airline also expresses…
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