Tag Archives: staring

TAAI fears total collapse of airlines already staring at existential crisis

TAAI fears total collapse of airlines already staring at existential crisis

Reacting to Supreme Court ruling directing airlines to refund travel agents for tickets booked through them while accepting Directorate General of Civil Aviation (DGCA) recommendation, the Travel Agents Association of India (TAAI) says this verdict maintains status quo to the previous suggestion by aviation regulator. “Nothing really to appease our challenges and multiple communications and […]

Tourism in Spain staring at USD 120 billion loss due to COVID-19

Tourism in Spain staring at USD 120 billion loss due to COVID-19

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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