Coronavirus News
easyJet delays delivery of 24 aircraft as demand collapses
The move comes as the low-cost carrier seeks to maximise its liquidity position in the event of an extended grounding period in the wake of the coronavirus pandemic.
London Stansted pays tribute to NHS workers
A ten-by-seven metre logo now adorns one of the airport’s main taxiways adjacent to the runway and was the brainchild of Ross Barker from the airfield operations team.
Airbnb to limit UK accommodation to essential stays
The home rental company came in for criticism earlier this week, with stays seemingly being offered despite government calls for Brits to remain at home.
Scenic Group suspends operations until end of June
The Scenic Group will suspend operations for land tours, river and ocean cruises until the end of June at the earliest in the wake of the Covid-19 outbreak.
Police board Ruby Princess in Australia to interview crew
The ship docked and disembarked guests in Sydney three weeks ago, with those passengers now linked to hundreds of Covid-19 cases across the country.
Airbus cuts aircraft production by a third as demand falls
Airbus is revising its aircraft production rates downwards to adapt to a new market environment caused by the coronavirus pandemic. Going forward, Airbus will produce 40 A320s a month, as well as two A330s and six A350s.
Flight Centre Travel Group strengthens liquidity position
The company has secured a total AUD$900 million through a mix of capital raising and new debt facilities as it battles a downturn in business in the midst of the coronavirus pandemic.
Fred. Olsen Cruise Lines fleet relocates to Firth of Forth
Fred. Olsen Cruise Lines’ ocean fleet has taken up temporary residence in Scotland’s Firth of Forth, just outside the Port of Rosyth. The relocation comes during the company’s pause in cruise operations, which is currently running until May 23rd.
Global Business Travel Association convention postponed
The event, which some see as the voice of the global business travel industry, welcomes 7,000 business travel professionals from more than 50 countries across the globe.
Lufthansa decommissions A380s in company-wide overhaul
According to an assessment from the German flag-carrier, it will take several months until the global travel restrictions are completely lifted and years until the worldwide demand for air travel returns to pre-crisis levels.
Profit warnings spike in travel sector
Listed travel and leisure companies are issuing profit warnings at an unprecedented rate, according to latest analysis from EY. The sharp uptick has been triggered by coronavirus pandemic.
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TUI extends travel suspension into May
Following the decision, TUI beach holidays travelling up to and including May 14th will no longer operate, while Marella Cruise holidays before May 31st have also been scrapped.