connect with us
Greece's latest tourism industry news by Greek Travel Pages

IATA: Covid-19 Travel Bans a Threat to Airline Cash Reserves

Airlines may burn through $61 billion of their cash reserves during the second quarter ending 30 June 2020, if governments do not step in with aid, says IATA.

Global Airline Capacity Nosedives Hit by Coronavirus Outbreak

In the last seven days some 20 million scheduled seats were cut by airlines globally, according to OAG Aviation Worldwide.