Covid-19: EU to Set Up SURE Job Protection Tool for Member States

By admin 2 Απριλίου 2020 No comment

Aiming to safeguard thousands of jobs at risk across the European Union due to the coronavirus outbreak, the Commission proposed on Wednesday, the creation of SURE, a temporary emergency support instrument worth up to 100 billion euros. Designed to help protect jobs and workers impacted by the Covid-19 pandemic, the temporary Support to mitigate Unemployment […]

Athens Airport Passenger Traffic Tumbles by 61.3% in March

By admin 2 Απριλίου 2020 No comment

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Athens International Airport. Photo © Facebook – ΟΙ ΟΜΟΡΦΙΕΣ ΤΗΣ ΕΛΛΑΔΑΣ ΜΑΣ Passenger traffic at Athens International Airport (AIA) significantly dropped by 61.3 percent in March 2020, compared to the same month last year, as a result of the COVID-19 pandemic and its impact on air travel. The airport welcomed a total of 639,580 travelers […]

Covid-19: New Guidelines for Greece’s Public Transport

By admin 2 Απριλίου 2020 No comment

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A set of new regulations to cover public and private means of mass transport was announced this week by the Transport Ministry as part of precautionary actions taken to contain the spread of the coronavirus in Greece. Deputy Public Transport Minister Yiannis Kefalogiannis announced supplementary rules which apply to all modes of public mass transport, […]

IATA: Covid-19 Travel Bans a Threat to Airline Cash Reserves

By admin 2 Απριλίου 2020 No comment

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Photo Source: @IATA In view of an estimated 39 billion dollars in quarterly losses, airlines may be forced to use up 61 billion dollars of their cash reserves in the second quarter of the year if governments don’t step in with aid, according to a new analysis released by the International Air Transport Association (IATA). […]

Greek Island Mayors Call for Total Easter Travel Ban

By admin 2 Απριλίου 2020 No comment

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The mayors of a growing number of Greek islands are urging the government to tighten current travel restrictions ahead of Greek Orthodox Easter for fear visitors will contribute to the spread of Covid-19. Among the mayors calling for stricter measures or even a total ban on travel are those of Rhodes, Skiathos, Skopelos, Alonnisos, Lipsi […]

Global Airline Capacity Nosedives Hit by Coronavirus Outbreak

By admin 1 Απριλίου 2020 No comment

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Photo Source: OAG In under two months, global airline capacity plummeted from 106 million seats to 90 million, with carriers operating on less than half of mid-January levels after slashing another 20 million seats from scheduled services last week due to the coronavirus pandemic, said OAG Aviation Worldwide. In the last seven days some 20 […]

Singapore Airlines to Issue S$5.3Billion in New Equity

By admin 1 Απριλίου 2020 No comment

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Singapore Airlines (SIA) will offer all shareholders S$5.3 billion (Singapore dollars) in new equity and up to a further S$9.7 billion through 10-year Mandatory Convertible Bonds (MCB), an announcement on Wednesday said. Both will be offered on a pro-rata basis via a rights issue, and both issuances will be treated as equity in the company’s […]

Greek PM Encourages Gov’t Officials to Offer Half of Salary for Covid-19 Cause

By admin 1 Απριλίου 2020 No comment

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Greek Prime Minister Kyriakos Mitsotakis. Photo Source: @Prime Minister GR Greek Prime Minister Kyriakos Mitsotakis called on government officials and MPs from his party to offer half of their salaries over the next two months to help address the impact of the coronavirus pandemic. Mitsotakis said a special fund would set up for this cause. […]

Chios Tourism Body Calls for Gov’t Actions to Restore Tourist Activity

By admin 1 Απριλίου 2020 No comment

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Chios island, Greece The Chios Tourism Organization (CTO) is calling on the government to implement a series of measures in an attempt to restore the island’s reputation after being impacted by the refugee crisis and now by the coronavirus outbreak. In a letter to Greek Prime Minister Kyriakos Mitsotakis and to all relevant ministries, the […]

Study: 50% of Greeks Believe they will be Infected by Covid-19

By admin 1 Απριλίου 2020 No comment

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Half of all Greeks believe they will at some point contract the Covid-19 virus with a large percentage calling for stricter measures, according to the 4th Covid Control study carried out by research firm Interview. More specifically, 50 percent of respondents think it’s highly likely to be infected by the coronavirus against 42 percent who […]