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Greece's latest tourism industry news by Greek Travel Pages (gtp)

Singapore Airlines to Issue S$5.3Billion in New Equity

Singapore Airlines will offer all shareholders S$5.3 billion in new equity and up to a further S$9.7 billion through 10-year Mandatory Convertible Bonds.

EasyJet Grounds its Entire Fleet

EasyJet has grounded its entire fleet of aircraft, following country lockdowns and travel restrictions imposed across its network due to the coronavirus pandemic.

Covid-19 Throws Airline Industry into the Eye of the Storm

Global air travel is among the industries hardest hit by the coronavirus pandemic, according to recent data by OAG Aviation Worldwide.

IATA: Coronavirus May Cost Airlines $113bn in 2020 Revenue

The spread of Covid-19 to more than 80 countries may cost the airline industry up to 113 billion dollars, says IATA.

IATA Calls for Suspension of Slot Use Rules, Cites Covid-19 Impact

Due to exceptional circumstances created by the coronavirus outbreak, IATA is requesting that airport slot regulations be suspended for the entire running year.

Air Italy Winds Up Operations

Italian budget carrier Air Italy has suspended operations and entered liquidation procedures.

Smaller Greek Airports Next in Line for Modernization

The Greek government is set to launch a new round of airport privatizations, concerning 23 smaller regional airports in Greece.

Crete to Get New Airport: Works at Kastelli Begin

Kastelli Airport in Heraklion, Crete, is expected to become Greece’s second biggest, handling more than eight million passengers per year.

Greece Receives €180m Loan for Kastelli Airport Project

The European Investment Bank (EIB) will provide a 180-million-euro loan to Greece for the construction of the Kastelli airport on Crete.

Fraport Greece Priorities: Extending Tourism Season, Promoting Destinations

Fraport Greece says it is committed to extending the tourism season by increasing inbound traffic and attracting more airlines to the Greek market.

Fraport Greece Regional Airport Upgrades Almost Complete

Fraport Greece has completed 80% of its investment program, with the airports of Thessaloniki, Corfu, Kos, Mykonos and Santorini being last on its project list.

Singapore Airlines Launches New A350 Out of Istanbul Airport

Singapore Airlines aims to offer less jet lag and more fuel efficiency with its Airbus A350-900LR which was recently launched out of Turkey.

Experts Urging Tourism Stakeholders to Lead Climate Change Battle

Scientists and environmental experts are calling on the tourism industry to take the lead in addressing the climate change challenge and work harder towards a carbon-free sector.

IATA Grounds Greece’s Astra Airlines

The International Air Transport Association (IATA) has suspended Greece’s Astra Airlines, which is reportedly seeking a new partner to inject much needed funds.

Cancelled Flights Get Astra Airlines Under Greek Aviation Authority Supervision

Greece’s Civil Aviation Authority is assessing whether Astra Airlines will be able to continue operations after the carrier recently cancelled a number of flights.

Greek Airport Manager Fraport Calls for Complementary Infrastructure

Upgrades at Greece’s 14 regional airports are moving full speed ahead but complimentary infrastructure is needed, says Fraport CEO Alexander Zinell.

ERA: EU’s Flight Compensation Rule Impacting Smaller Carriers

The European Regions Airline Association (ERA) is re-examining an EU legislation covering issues of compensation for travelers, claiming it is impacting smaller carriers.

Ryanair Announces New Athens – Toulouse Route for 2020

Ryanair has announced a new Athens route to Toulouse, France, with a twice-weekly service commencing in March 2020.

Sky Express and Cyprus Airways Sign Interline Agreement

Sky Express and Cyprus Airways have signed an interline agreement, aiming to offer air passengers the opportunity to travel to popular destinations in Greece.

Scoot Removes Payment Processing Fees Globally

Scoot has announced the removal of payment processing fees globally for all bookings made through its direct channels, with immediate effect.