Travel slump sees Gatwick report loss for early 2020 | News
Despite an encouraging start to the year passenger numbers at Gatwick fell by 66 per cent in the first six month ended June 30th This was largely due to the …
Read MoreTag: loss
Covid-19 drives Rolls Royce to huge loss | News
Rolls Royce has reported a loss before tax of £5.4 billion for the first half of financial 2020 as the Covid-19 pandemic takes a huge toll on the aviation sector. …
Read More
Marriott records second quarter loss but eyes green shoots | News
Marriott International has reported a second quarter net loss of $234 million, compared to a net income of $232 million in same period a year-ago. The second quarter adjusted net …
Read More
Royal Caribbean posts $1.6bn loss for second quarter | News
Royal Caribbean has posted a second-quarter net loss of $1.6 billion, as the global pandemic continues to take its toll on the cruise sector. The figure compares to a profit …
Read More Marriott records second quarter loss but eyes green shoots | News
Marriott International has reported a second quarter net loss of $234 million, compared to a net income of $232 million in same period a year-ago. The second quarter adjusted net …
Read More
Marriott records second quarter loss but eyes green shoots | News
Marriott International has reported a second quarter net loss of $234 million, compared to a net income of $232 million in same period a year-ago. The second quarter adjusted net …
Read More
Cruises suspension pushes Norwegian to second quarter loss | News
Norwegian Cruise Line saw revenue fall to just $16.9 million in the three months to June 30th, as the sector came to a virtual standstill during the coronavirus pandemic. The …
Read More
Air France-KLM reports €1.5 billion quarterly loss | News
Air France-KLM has reported a €1.5 billion loss for the second quarter as the Covid-19 continues to take a huge toll on the global aviation sector. This compares to a …
Read More
Collapse in traffic pushes IAG to second quarter loss | News
International Airlines Group has reported an operating loss of €1.3 billion before exceptional items for the second quarter, compared to a profit of €960 million last year. The group – …
Read More
South American Tourism Impacted by Loss of US Spending, Yet Growth is Identifiable
US spending into South America is forecast to drop by 44.4% between 2020 and 2021 as travel restrictions due to COVID-19 have stymied visitor flows. Having featured in the …
Read More