Israeli holidaymakers will set a new course for adventure this summer when Royal Caribbean International begins sailing from Israel for the first time in May. The global cruise line will offer Israelis a combination of 3- to 7-night escapes visiting the Greek Isles and Cyprus on board its highly anticipated, brand-new ship, Odyssey of the […]
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Three months ahead of schedule, Fraport Greece has completed a major four-year infrastructure development program at the 14 regional airports. Thus, Fraport Greece is delivering redeveloped, safe and future-oriented airports that provide new services, greater comfort, and more amenities to Greek and international travellers from around the world. Fraport Greece launched the airport development program […]
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Ryanair Holdings plc today (1 Feb.) reported a Q3 loss of €306m, compared to a PY Q3 profit of €88m. Features of this 3-month period to 31 Dec. included: • Q3 traffic fell from 36m to 8m (-78%). • €3.5bn cash at quarter end (31 Dec.). • Cost reduction & liquidity management continues at all […]
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The European Commission has decided to prolong until 31 December 2021 the State aid Temporary Framework adopted on 19 March 2020 to support the economy in the context of the coronavirus outbreak. The Commission has also decided to expand the scope of the Temporary Framework by increasing the ceilings set out in it and by allowing the conversion of […]
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Investors are increasingly optimistic about their regional economic outlook and the equity markets, according to UBS’s new Investor Sentiment survey, which polled more than 4,000 investors and business owners across 14 markets globally in late December and January. A majority of survey respondents (60%) have a positive economic outlook over the next 12 months, compared […]
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The Karatzis Group has acquired yet another prestigious award in the 10th “True Leaders” awarding ceremony by ICAP for 2019. This commendation, which it has received for a 4th time, marks its success as a leading company amongst 87 other candidates. This distinciton proves yet again that, through its overall activity, the Karatzis Group contributes […]
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Planning security for Vienna’s meeting industry. Anyone planning an event in Vienna in 2021 and 2022 will have government protection. Under the approved EUR 300 million protective shield, the Austrian government will cover financial damage resulting from events being canceled or restricted due to COVID-19. The Austrian guarantee gives event planners much needed planning security. […]
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Fritz Joussen, CEO of TUI AG, is participating in the capital increase resolved at the Group’s Extraordinary General Meeting on 5 January 2021. He exercised 500,000 subscription rights and thus acquired approximately 431,000 new shares. Joussen had previously sold shares (300,000) and subscription rights (100,000) on the market, among other things to finance the exercise […]
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Due to continued international travel restrictions and port closures arising from the COVID-19 pandemic, Celestyal Cruises, the award-winning, number one choice for cruise travellers to the Greek Islands and the Eastern Mediterranean, has announced that the 2021 season will commence on 24th April with the seven-night Idyllic Aegean itinerary. The start of the season was […]
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Mvine and iProov announce today their design for a simple, secure and widely recognized Covid-19 immunity and vaccination passport will now move into live testing. The Mvine-iProov passport enables a person’s test result or vaccination status to be registered and proved without disclosing their identity, and without the need for extensive new infrastructure. With additional […]
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