In the coming weeks, Lufthansa will temporarily decommission the entire Airbus A340-600 fleet. Three aircraft of this type have already been flown to Teruel, in northeastern Spain. The long-haul aircraft will be parked at the airport there. Lufthansa plans to transfer the entire A340-600 fleet, equalling 17 aircraft, to Teruel where they will be decommissioned […]
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Due to the continuing national and international travel restrictions, the Lufthansa Group’s return flight schedule will initially be extended until 17 May and then reduced further. Originally, the already greatly reduced flight schedule was valid until 3 May. As of today, the additional cancellations for the period between 4 May and 17 May will be […]
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Airbnb announced that it has secured commitments of $1 billion for a syndicated term loan from institutional investors. The new resources will ensure Airbnb can continue to invest in its company and community of hosts and guests in over 220 countries and regions around the world. “I deeply appreciate the confidence and trust that so […]
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The World Travel & Tourism Council (WTTC) have praised millions of people around the world in the Travel & Tourism sector for going the extra mile to lend crucial help to combat the global coronavirus pandemic. The huge thank you from World Travel & Tourism Council President & CEO Gloria Guevara was made on behalf […]
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The International Air Transport Association (IATA) released an updated analysis showing that the COVID-19 crisis will see airline passenger revenues drop by $314 billion in 2020, a 55% decline compared to 2019. On 24 March IATA estimated $252 billion in lost revenues (-44% vs. 2019) in a scenario with severe travel restrictions lasting three months. […]
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World Travel Agents Associations Alliance (WTAAA) prompts governments globally to provide needed financial resources supporting consumers, travel agencies and the air travel channel as a whole. The airlines, which are one of the engines of business, economic and social activity, face an extremely difficult scenario. Their prime asset – the planes on which we travel […]
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As the COVID-19 situation continues to evolve that Carnival Cruise Line is having to cancel the following sailings: All ships sailings through and including June 26, 2020 All San Francisco sailings through 2020 All Carnival Sunrise sailings through and including October 19, 2020 All Carnival Legend sailings through and including October 30, 2020 All Carnival Radiance sailings through and including […]
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TUI will reward travelers whose vacation was canceled by April 30, 2020, due to the corona pandemic with additional credit. TUI is increasing the travel credit by up to 150 euros per booking. “Our guests want to continue traveling, and we would like to reward all holidaymakers with canceled bookings if they decide on a new […]
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A major new report by WTTC has revealed Travel & Tourism’s crucial contribution to help re-energise the EU’s economic recovery once the COVID-19 pandemic has been successfully combatted. The publication by the World Travel & Tourism Council (WTTC), which represents the global Travel & Tourism private sector, of its annual Economic Impact Report (EIR), shows […]
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Business travel has become the latest casualty of the coronavirus pandemic by coming to a halt across the globe, according to the latest research conducted by the Global Business Travel Association (GBTA). To understand the coronavirus’s effects on business travel, GBTA conducted its fifth lightning poll among membership on April 1-4, 2020. GBTA received responses […]
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