The airline industry is expected to lose $84.3 billion in 2020, the International Air Transport Association (IATA) said on Tuesday while giving its financial outlook for global air transport. According to IATA, the biggest driver of industry losses was the drop in passenger demand as international borders closed and countries locked down to prevent the […]
Photo Source: @S&P Global Ratings Airports and airlines will need at least three years before they begin to recover losses caused by the coronavirus (Covid-19) pandemic, with global passenger numbers set to drop by up to 55 percent in 2020 against 2019, an S&P Global Ratings study found. The international ratings agency said it expects […]
Greek airline company AEGEAN on Thursday said the government’s measures for the support of the air transport sector are a “step in the right direction”, although limited compared to other EU countries. The government has announced that Greece’s air transport sector is to receive 115 million euros in funding to help it recover losses incurred […]
Celestyal Cruises, which sails to the Greek islands and the Mediterranean, recently announced that it is further extending the suspension of its operations until July 30. The cruise line said it took the decision due to the ongoing travel restrictions and temporary port closures, taken due to the coronavirus pandemic, within the region in which it […]
The coronavirus (Covid-19) scare is making Greeks reluctant to travel and to eat out, according to the latest study released this week by the Research Institute of Retail Consumer Goods (IELKA). More specifically, less than half of all Greeks (40 percent) are planning on taking a holiday this year, while 50 percent said they will […]
Photo Source: @HAPCO The Hellenic Association of Professional Congress Organizers (HAPCO) recently called on Greek and international authorities and organizations to support and promote the MICE industry in its efforts to recover from the Covid-19 crisis and make a strong comeback once the pandemic subsides. The association estimates that since the start of the crisis,
Passenger traffic in all Greek airports saw a 99 percent drop in April due to the coronavirus pandemic, according to the Hellenic Civil Aviation Authority (HCAA). “As shown by the data, all airports record an unprecedented reduction in traffic due to the travel restrictions imposed on Europe, Greece and the rest of the world for the […]
The Economic Stabilization Fund (WSF) of the Federal Republic of Germany has approved a package with stabilization measures and loans of up to 9 billion euros to Lufthansa, the German airline said on Monday. The stabilization package is aimed to cushion the blow Lufthansa received due to the Covid-19 travel restrictions which had a significant […]
Photo Source: @FEG Tourist Guides Tourist guides are among the hardest hit professionals by the coronavirus (Covid-19) outbreak and governments must extend support measures in order to safeguard the profession, according to a recent study carried out by the European Federation of Tourist Guide Associations (FEG). Representing 27 national tourist guide associations in
© ZOOM Kindermuseum, Vienna. Image: Alexandra Eizinger The coronavirus (Covid-19) pandemic that forced people to stay home also led museums in Europe to think out of the box. In efforts to redefine the museum experience, more than 650 museums from 41 countries participated in a survey carried out by the Network of European Museum Organizations […]


















