Covid-19 Impact on tourism economy

The Air France-KLM Group will gradually reduce its flight activity during the next two months following travel restrictions imposed in France and other countries due to Covid-19.

Greece’s Centre of Planning & Economic Research (KEPE) has presented three scenarios on the impact the coronavirus may have on the Greek economy.

By the end of May 2020, most airlines in the world will be bankrupt due to the coronavirus pandemic, unless governments and the industry take action immediately, according to CAPA …

Oneworld, SkyTeam and Star Alliance expect the impact of the coronavirus pandemic to have a ripple effect through the value chain that supports the airline industry and are requesting for …

The first signs of Covid-19’s effect on the short-term rental market have emerged with thousands of cancelations worldwide, according to AirDNA.

Ryanair expects to reduce its seat capacity by up to 80 percent for April and May and informed that a full grounding of its fleet cannot be ruled out.

Cyprus Airways is suspending its flight schedule until the end of April due to the coronavirus pandemic.

Travel giant TUI is suspending the vast majority of all travel operations until further notice – including package travel, cruises and hotel operations – due to the coronavirus outbreak.

Royal Caribbean Cruises has announced the suspension of all the sailings of its fleet globally due to the coronavirus (COVID-19) outbreak.

Government decisions restricting travel due to the coronavirus pandemic may lead to adverse economic repercussions, IATA warns.

The global travel and tourism industry has strongly reacted to US President Donald Trump’s decision to ban inbound travel from 26 EU countries.

Celestyal Cruises is taking preventative measures and suspending cruise operations from until May 1 due to the coronavirus outbreak.

Norwegian will suspend its nonstop service between Athens and New York from March 29 until the end of April.

Greece’s tourism professionals are calling on the government to immediately implement emergency measures to safeguard the sector and keep businesses afloat.

The Greek tourism industry may find itself exposed in the aftermath of the Covid-19 pandemic scoring 38.2 out of 100 on Citigroup’s latest report.

The UNWTO and WHO agencies have agreed that tourism can play a key role in both containing the COVID-19 outbreak and leading future response efforts.

European Commission Vice President Margaritis Schinas was informed on the impact the coronavirus (COVID-19) has had on Greek tourism so far.

The World Health Organization (WHO) has characterized the coronavirus (COVID-19) as a pandemic and underlined that it will touch every sector.

The coronavirus outbreak is set to drive international airport passenger traffic volume down in the first quarter of 2020, according to ACI World.

The need of an incentive strategy to support air connectivity and passenger flows to Greece from the UK was highlighted by the Greek Tourism Ministry.