Airlines ground flights, count mounting costs of the coronavirus shockTransport

Airlines ground flights, count mounting costs of the coronavirus shock

Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak, scrapping flights and…

Middle East airlines face liquidity crisis, jobs at risk

Middle East airlines face liquidity crisis, jobs at risk

Middle East airlines are facing a liquidity crisis and hundreds of thousands of jobs are at risk because of the…

Coronavirus empties airlines’ cash drawers, knocks $157 bln off share values

Coronavirus empties airlines’ cash drawers, knocks $157 bln off share values

Global airlines are fast running out of cash after cutting capacity by 90% or even grounding entire fleets due to…

London Tube passengers drop 19% due to coronavirus

London Tube passengers drop 19% due to coronavirus

Passenger numbers on London’s Underground network fell 19% in the week starting March 2 in response to coronavirus, with the…

European airline stocks in tailspin after Trump travel ban

European airline stocks in tailspin after Trump travel ban

European airline stocks plunged as much as 20% on Thursday after U.S. President Donald Trump said he would restrict travel…

Last  tourism and travel news about Coronavirus

Last tourism and travel news about Coronavirus

Austria bans indoor events of more than 100 people, minister says Austria is banning indoor events of more than 100…

Air traffic to Denmark from coronavirus hotspots to be suspended

Air traffic to Denmark from coronavirus hotspots to be suspended

All air traffic to Denmark from areas severely hit by coronavirus, will cease later on Tuesday, Denmarks Prime Minister Mette…

Airport passenger traffic in Asia-Pacific set to plunge 24% in Q1

Airport passenger traffic in Asia-Pacific set to plunge 24% in Q1

Airport passenger traffic in the Asia-Pacific region is expected to take a 24% hit in the first quarter from the…

Coronavirus hit to airlines could top $100 billion, Flybe collapses

Coronavirus hit to airlines could top $100 billion, Flybe collapses

The coronavirus epidemic could cost passenger airlines up to $113 billion in lost revenue this year, an industry body warned…

Airlines rush to boost demand as coronavirus shreds playbook for crisis management

Airlines rush to boost demand as coronavirus shreds playbook for crisis management

The rapid spread of coronavirus cases worldwide is complicating a standard strategy used by airlines when disease, disaster or conflict…