The World Tourism Organization (UNWTO) has released its updated assessment of the likely impact of the COVID-19 on international tourism. Taking into account the unparalleled introduction of travel restrictions across the world, the United Nations specialized agency for tourism expects that international tourist arrivals will be down by 20% to 30% in 2020 when compared with 2019 figures.
MMGY Travel Intelligence has released the inaugural findings from a benchmark series of biweekly surveys of North American destination professionals. The surveys track how this sector has been affected by COVID-19 and what shifts organizations are making during a period of very fluid change. Preliminary findings reveal that, in the span of about two weeks, the reverberations of the pandemic dramatically changed the sectors outlook, operations and marketing spending.
Global policy response to COVID-19 must be fair for the entire aviation industry
Travel Comes to a Halt Across the Globe
The International Air Transport Association (IATA) and Airlines for Europe (A4E), reacted with dismay to the European Commissions new guidelines on the application of the EU261 passenger rights regime.
Yesterday Air Lease Corporation announced the delivery of one new Airbus A320-200neo aircraft on long-term lease to Air Seychelles. Featuring CFM International LEAP-1A26 engines, this aircraft delivered from ALCs order book with Airbus.
Move would help airports and airlines recover faster once the crisis is over
Silver Airways Chief Executive Officer Steve Rossum yesterday called on local, state and federal government officials to provide critical and immediate financial aid required in order for the airline to survive the most dire crisis the industry has ever faced and upon which whose continued operation depends.
The International Air Transport Association (IATA) welcomed the announcement by the European Commission (EC) granting the temporary suspension until June 2020 of the 80-20 'use it or lose it' rule for airport slots.
AerCap Holdings N.V. (NYSE: AER) today announced it has signed an agreement with euroAtlantic Airways, a leading provider of ACMI services as well as charter aviation services, for the lease of two used Boeing 787-8 aircraft. The aircraft are scheduled to deliver in the spring of 2021, and will be the first 787s to be based in Portugal.