The global airline industry, which is featured in Moody’s infographic, has been disproportionately affected by the coronavirus pandemic. It is one of just a few industries that saw more than 90% of demand fall away within weeks of the global spread of the coronavirus in March. The strain on the industry’s previously flourishing fundamentals is […]
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The International Air Transport Association (IATA) has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis. Globally, the livelihoods of some 65.5 million people are dependent on the aviation industry, including sectors such as travel and tourism. Among these are […]
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The International Air Transport Association (IATA) announced the release of the 2019 Safety Report showing continuing improvements in airline safety compared to 2018 and to the preceding five years. All major 2019 safety performance indicators improved compared to 2018 and to the average of the 2014-2018 period as shown below: “The safety and wellbeing of […]
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Mainland China’s daily hotel occupancy reached an absolute level of 31.8% on 28 March, up from a low of 7.4% during the first week of February, according to preliminary data from STR. Additionally, opening rates have been significant in key markets across the region. “We’re seeing green shoots in hotel occupancy figures, but we must stress that […]
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