Τhe European Commission invited Schengen Member States and Schengen Associated States to prolong the temporary restriction on non-essential travel to the EU until 15 May. The experience of Member States and other countries exposed to the pandemic shows the measures applied to fight the spread of the virus require more than 30 days to be effective. The […]
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On day one of ABTA’s campaign calling for grassroots political action by travel and tourism businesses, their staff and anyone who supports the industry, 13,500 people responded by emailing their MP. Industry supporters and staff can visit www.savefuturetravel.co.uk to petition their local MP calling for Government action to save industry jobs and protect customer money. As well […]
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KfW and TUI AG confirm the signing of the state aid bridging loan for 1.8 billion euros. The loan had been committed by the German Federal Government on 27 March as part of the COVID-19 state support program. TUI’s current Revolving Credit Facility “RCF” banking consortium supports the KfW loan and the addition of the […]
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As we have first reported one week earlier Jet2 will suspend its flight schedule until the 17th of June due to the travel restrictions that have been imposed globally. The official site of Jet2.com and its Twitter account reported earlier today that their flight schedule won’t recommence until the 17th of June and that flights […]
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TUIfly is the first German airline to announce its flight schedule for the 2021 summer season. The offer includes around 4.5 million seats, more than half of which are in the Greek islands, especially Crete and Rhodes, as well as in the Canaries. However, the leader in the program remains Mallorca. “Due to the worldwide spread of […]
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Jet2Holidays has taken the decision that it would be sensible not to plan for operations to re-commence until 17th of June. If airspace opens sooner than this, Jet2 can quickly react by adding flights at short notice, and if it is later than this then they will have to cancel the bookings, and try and […]
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The International Air Transport Association (IATA) published a new analysis showing that airlines may burn through $61 billion of their cash reserves during the second quarter ending 30 June 2020, while posting a quarterly net loss of $39 billion. This analysis is based on the impact assessment IATA released last week, under a scenario in […]
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World tourism leaders have been urged by WTTC to execute crucial measures to save the Travel & Tourism sector, ahead of a special meeting of the G20 hosted by the Kingdom of Saudi Arabia today. The call was made by the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, […]
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Up to 75 million jobs are at immediate risk in global Travel & Tourism due to the coronavirus pandemic, according to the World Travel & Tourism Council (WTTC). The alarming figure, based on research from WTTC, shows a punishing Travel & Tourism GDP loss to the world economy of up to US$2.1 trillion in 2020. […]
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In the face of an unprecedented challenge, the World Tourism Organization (UNWTO), with the support of the World Health Organization (WHO), calls on innovators and entrepreneurs to put forward new solutions to help the tourism sector recover from COVID-19. With millions of jobs at risk as the pandemic hits tourism harder than any other sector, […]
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