Research released by ForwardKeys has revealed the extent of the collapse in aviation in the wake of the Covid-19 outbreak.In the year to April 19th, air travel fell to exactly half of what it was in the equivalent period last…
InterContinental Hotels Group has sought to reassure markets with news it has secured new financing arrangements to strengthen its liquidity position.Moves include amending its syndicated revolving credit facility to include a waiver of existing covenants until December 31st next year.The…
In a rare piece of good news from the manufacturer, Boeing has conducted a successful first flight of the second 777X airplane.Captain Ted Grady, the 777X project pilot, and Captain Van Chaney, the 777/777X chief pilot, flew for two hours…
The Swiss government will provide CHF1.9 billion (£1.6 billion) to the domestic aviation sector to bridge liquidity shortfalls as a result of the coronavirus pandemic.Some CHF1.275 billion will go directly for the two airlines, Swiss and Edelweiss, while up to…
Ryanair will cut as many as 3,000 jobs in the wake of the coronavirus pandemic.The low-cost carrier grounded all flights in mid-March as European destinations closed borders, with no resumption of services expected until at least July.Job losses will largely…
SUQ Restaurant in the heart of Four Seasons Resort Dubai at Jumeirah Beach has reopened its doors to external guests.In accordance with the Dubai government’s health and safety measures, Four Seasons has sought to ensure all necessary precautions and the…
Exactly how will Minister of Public Enterprises, Pravin Gordhan, fund his vision of a new national airline?This is one of the biggest questions arising after the Department of Public Enterprises (DPE) on Friday (May 1) confirmed the signing a new…
Reed Travel Exhibitions has announced dates for the three spring global trade shows in its World Travel Market portfolio after a wave of cancellations in the wake of the coronavirus pandemic.World Travel Market – Latin America, Arabian Travel Market and…
Air transport is very strongly affected by the Covid-19 crisis. In the last few days, three companies have been unable to avoid bankruptcy – South African Airways, Norwegian and Virgin Australia.According to the estimates of the International Air Transport Association…
Caribbean hotels may have to scrap conveniences such as buffets and drinks stations in order to attract post-Covid-19 guests, suggest two hospitality experts.Instead, they will have to find creative ways to attend to customers, like serving dinner in secluded areas…
