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Travel & Tourism industry news by Greek Travel Pages (gtp)

Alitalia to Enter ‘Extraordinary Administration’

Alitalia is to enter "extraordinary administration", the airline announced on Tuesday, May 2, after a meeting of its shareholders, Italian financial institutions and Etihad Airways, which holds 49 percent of its shares.

Air France Restructuring Plan Sees Job Cuts, Reduction in Long-haul Capacity

Air France has confirmed job cuts as part of a restructuring plan dubbed "Perform 2020" that also includes a 10 percent reduction in its long-haul capacity and routes to India and south-east Asia being cut in 2017.

Cyprus Airways Closes Sales Office In Athens, Greece

Cyprus Airways has announced the closure of its sales office in Athens in an attempt to cut costs in accordance to a restructuring plan.
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Cyprus Airways Announces Route Suspensions, Other Changes

Cyprus Airways recently announced changes to its flight schedule in Greece within the framework of a restructuring plan that includes measures aimed towards the airline's recovery.
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Cyprus Airways Upgrades Customer Services

Cyprus Airways has launched an extensive restructuring plan that will bring major improvements to the company’s operation as it promotes innovative, modern and progressive services.