The FINANCIAL -- Ryanair Holdings plc reported a H1 loss of €197m, compared to a PY H1 profit of €1.15bn. Highlights of this 6-month period include:
99% of the fleet grounded from mid-March to end June.
Successful return to service implemented 1 July.
H1 traffic fell from 86m to 17m.
Cost reduction measures implemented across business.
Successful €1.25bn financing raised in Sep. ...
The FINANCIAL -- Etihad Airways, the national airline of the UAE, celebrating the 15th anniversary of its first service between Abu Dhabi and Brussels.
Since launching the flights on 31 October ...
The FINANCIAL -- The International Air Transport Association (IATA) has enhanced its Travel Industry Designator Service (TIDS) and will also no longer charge travel agencies to use the service. ...
The FINANCIAL -- Restrictions on travel introduced in response to the COVID-19 pandemic continue to hit global tourism hard, with the latest data from the World Tourism Organization (UNWTO) showing a ...
The FINANCIAL -- As the largest airline based in Berlin-Brandenburg, easyJet opened a new chapter with the opening of Berlin Brandenburg Airport "Willy Brandt". The first easyJet aircraft, special ...
The FINANCIAL -- Southwest Airlines Co. (NYSE: LUV) published its initial flight schedules for both Chicago O'Hare International and Colorado Springs Municipal airports as the carrier continues ...
The FINANCIAL -- IHG Hotels & Resort’s® (IHG) fastest growing hotel brand, Holiday Inn Express, has today opened its first airport hotel in Australia: Holiday Inn Express Sydney Airport. ...
The FINANCIAL -- The International Air Transport Association (IATA), the World Travel Agents Associations Alliance (WTAAA) and the United Federation of Travel Agents' Associations (UFTAA) announced ...
The FINANCIAL -- From the snowy peaks of the Pamir mountains to the vast wilderness of the Karakum desert, Central Asia is a region of astonishing natural beauty and historical significance. In ...
The FINANCIAL -- KLM is in the midst of the worst crisis in its 101-year history, with the COVID-19 pandemic eroding its strong performance of recent years. The EUR 3.4 billion loan package, ...
The FINANCIAL -- Qatar Airways today announced the official launch of its carbon offset programme. The airline’s passengers now have the opportunity to voluntarily offset the carbon emissions ...
The FINANCIAL -- The coronavirus pandemic has hit the global tourism industry particularly hard. Covid-19 will change tourism, but will not end it. The human desire to explore will remain ...
The FINANCIAL -- The Centers for Disease Control and Prevention (CDC) issued a Framework for Conditional Sailing Order that introduces a phased approach for the safe and responsible resumption of ...
The FINANCIAL -- New mathematical model suggests that the easing of lockdown must be accompanied by wider and more effective use of control measures such as...