After Royal Caribbean Cruises Ltd. secured a $2.2 billion loan facility to improve liquidity with its fleet inactive, an analyst is saying that other cruise lines should do the same.“Given th…
Wizz Air cuts services, reassures passengers on long-term survival
Wizz Air has grounded around 85 per cent of its fleet and mooted the possibility of a complete suspension of services in its latest operational update.While capacity at the low-cost carrier fell by…
Foreign & Commonwealth Office urges Brits overseas to return home
The Foreign & Commonwealth Office has advised all British people travelling abroad to return to the UK now, if commercial flights are still available.The government body warned international tr…
Venice: from over tourism to deafening silence
Venice, one of the most affected European destinations by mass tourism, is now going through a never-before-seen situation: the city is completely without visitors due to the coronavirus pandemic a…
Hard time for airlines: over 10 million seats threatened in Europe
Faced with an unprecedented corona crisis, the tourism industry is severely affected with one thing in particular topping the list: the airlines. Having seen the planes gradually empty, carriers co…
Norway offers bailouts to domestic airlines
The government of Norway has moved to support the flatlining aviation sector in the country, offering more than US$550 million in bailout funds.Some US$250 million will be directed at embattled bud…
Millions of airline seats lost to US coronavirus ban
A report by ForwardKeys has revealed that the United States’ transatlantic travel ban has now put a total of 3.3 million plane seats in jeopardy.Announced last week, the order originally barr…
Norwegian to lay off 90 per cent of workforce
Norwegian will gradually cancel most of its flights and temporarily lay off a majority of its workforce due to stagnating demand and enforced travel restrictions in the wake of the Covid-19 outbrea…
Virgin Atlantic to drastically cut operations until end of April
Virgin Atlantic will reduce its schedule by approximately 80 per cent in terms of flights per day by March 26th.The move comes following a rapid acceleration of the impact of Covid-19 on global avi…
CAA chief warns of threat to survival for UK travel businesses
Richard Moriarty, chief executive of the UK Civil Aviation Authority, has warned of a “threat to survival” of businesses in the sector during the current coronavirus outbreak.In a state…