Low-cost carrier Ryanair has reported a loss of EUR 197 million (USD 230 million) for the first half of financial 2020 as the Covid-19 pandemic continues to extract a huge toll on the aviation sector. The loss compares to a profit of EUR 1.15 billion (USD 1.34 billion) for the same period of last year. […]
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03
Nov
Nov
Thousands of nightlife venues around the world were forced to shut down due to the ongoing COVID-19 outbreak to respect the safety and well-being of staff and clients and also to avoid the spread of the virus. Despite many nightlife venues being shut down, countries like Croatia, Hungary, Czech Republic, Austria, and Switzerland have opened […]
03
Nov
Nov
The civil aviation sector, one of the worst-affected industries, is gradually limping back to normalcy after the Centre allowed domestic flights to resume, industry experts said. Domestic flight operations resumed starting 25 May, after having remained suspended for around two months in light of the coronavirus pandemic. Speaking during the webinar ‘COVID- 19 Impact and […]
02
Nov
Nov
Some hotels in the paradise island of Bali are shutting down permanently as reopening to international tourists is still far from happening. As the pandemic has reached its eighth month with no end in sight, Bali looks far from what it used to be teeming with tourists. Deserted streets and beaches led for some businesses […]
02
Nov
Nov
Devastated by the pandemic, Spain’s all-important tourism sector is expected to incur losses of more than EUR 100 billion (USD 120 billion) this year, an industry body warned. If the dire prediction proves correct, it would take the sector’s annual income back to the level it was in 1995, the Exceltur tourism association said. “We […]
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