Search results for “airline loss”
China's air passengers fall 84.5%; business travel to lose $820B | Daily Brief
03/12/2020|11:16:53 PM|
Airbnb could face a bill of up to €200 million after a court ruled it was not entitled to claim booking fees from its Dutch customers; Traffic at European airports could fall by 187 million.
Expedia freezes China listings; ITB China 2020 postponed | Weekly Review
02/20/2020|10:08:28 PM|
China may see losses of USD 430 billion by the coronavirus disruption on travel for 2020; It plans cash injections and mergers to bail out aviation.
China considers airlines bailout; OYO fights to keep hotels open | Daily Brief
02/19/2020|12:07:04 AM|
Malaysia looks to locals and non-Chinese visitors in fulfilling tourist-arrivals target; China plans to take over indebted conglomerate HNA Group and sell off its core airline assets.
Virus dents bookings for IHG; Japan may lose $1.29 billion | Daily Brief
02/18/2020|5:22:24 PM|
Even if the coronavirus outbreak ends quickly, the disruption in the supply chain will affect trade, tourism and confidence.
Expedia suspends China listings, Europe projects 7%-25% impact | Daily Brief
02/18/2020|1:25:40 AM|
Europe anticipates seeing 7%-25% less Chinese visitor arrivals this year due to virus impact, OYO's annual loss has widened sixfold, and more for the day.
F1 Grand Prix postponed, global airlines to lose $4 billion | Daily Brief
02/12/2020|11:06:29 PM|
ICAO forecast a decline in global traffic of 16.4 million passengers, the hotel industry could end up having to deal with the virus impact for the next 12 months.
Trump bans a Chinese acquisition; Booking restructures BU | Weekly Review
03/07/2020|11:15:20 PM|
Booking.com's China director has been ousted; An Alibaba-invested outbound travel company liquidated amid virus outbreak.
State-owned bank bails out OTA; airlines to see first traffic drop in a decade | Daily Brief
02/21/2020|11:21:10 PM|
The Industrial and Commercial Bank of China will provide a USD 86.7 million loan to online travel giant Trip.com Group; RevPAR of Hyatt hotels declined 90% last month in China.
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