Tag Archives: huge

Heathrow sees huge fall in traffic during 2020 | News

Travel sector calls for further support as new lockdown begins | News

Heathrow noticed passenger numbers fall by 73 per cent final yr as Covid-19 restrictions took an enormous toll on the aviation sector. In complete 22 million individuals handed by way of the airport. In December, passenger numbers plummeted 83 per cent when in comparison with 2019, as fears in regards to the new pressure of […]

Carnival reports huge fourth quarter loss | News

CDC issues framework for cruise return in United States | News

Carnival Company has reported a web lack of $2.2 billion for the fourth quarter of monetary 2020. The end result comes because the Covid-19 disaster continues to take its toll on cruising and a lot of Carnival-owned manufacturers – together with Holland America Line and Princess Cruises – have been compelled to delay a return […]

MAG reports huge losses for summer season | News

Virgin Atlantic returns to Manchester Airport | News

Manchester Airport Group (MAG) has reported half-year outcomes detailing the total affect of the Covid-19 on the aviation sector. The corporate – which owns Manchester, Stansted and East Midlands airports – noticed passenger numbers throughout its operations fall 89 per cent in the course of the six months to September 30th. Simply 4.2 million folks […]

IAG reports huge losses for third quarter | News

IAG reports huge losses for third quarter | News

Worldwide Airways Group has reported an working lack of €1.three million for the third quarter, down from a revenue of €1.four million for a similar three months final 12 months. Passenger capability operated on the group was down 79 per cent over the interval when in comparison with 2019. Over the primary 9 months of […]

American Airlines reports huge loss for third quarter | News

American Airlines reports huge loss for second quarter | News

American Airways has reported third-quarter income of $3.2 billion, down 73 per cent year-over-year on a 59 per cent year-over-year discount in complete obtainable seat miles. The US large confirmed a pre-tax lack of $3.1 billion for the three-month interval. Excluding internet particular gadgets, the third-quarter pre-tax loss stood at $3.6 billion. “In the course […]

WTTC finds huge demand to travel next year | News

GBTA calls for transatlantic cooperation to reopen travel | News

An awesome majority of US and Canadian travellers, as many as 99 per cent, are wanting to journey once more, with 70 per cent stating that they plan to take a vacation subsequent yr. That’s based on a journey leaders group survey of practically 3,000 frequent travellers. The survey was performed in September at the […]

Delta Air Lines reports huge quarterly losses | News

Delta Air Lines reports huge quarterly losses | News

Delta Air Strains has reported a pre-tax lack of $2.6 billion for the three months to the tip of September. As well as, the service mentioned it has incurred an extra $four billion in losses in from objects immediately associated to the affect of Covid-19 and the its response, together with fleet-related restructuring fees and […]

Covid-19 drives Rolls Royce to huge loss | News

Covid-19 drives Rolls Royce to huge loss | News

Rolls Royce has reported a loss earlier than tax of £5.four billion for the primary half of monetary 2020 because the Covid-19 pandemic takes an enormous toll on the aviation sector. Underlying income fell to £5.6 billion, down 24 per cent, whereas reported income stood at £5.eight billion, down 26 per cent. The corporate confirmed […]

UNWTO reveals huge cost of Covid-19 on global tourism | News

UNWTO reveals huge cost of Covid-19 on global tourism | News

The large toll of Covid-19 on worldwide tourism has now change into clear, with United Nations World Tourism Organisation (UNWTO) information exhibiting the fee as much as Could was already 3 times that of the 2009 world financial disaster. Because the scenario continues to evolve, the United Nations company has offered the primary complete perception […]

American Airlines reports huge loss for second quarter | News

American Airlines reports huge loss for second quarter | News

American Airways has reported a pre-tax lack of $2.7 billion for the second quarter of economic 2020. Coupled with a ‘worst ever’ lack of $1.6 billion reported by United Airways earlier within the week, the figures illustrate the massive toll the Covid-19 pandemic continues to tackle the US aviation sector. “This was one of the […]

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