UK low-cost carrier easyJet agreed to a new $1.87 billion 5-year term loan with a syndicate of banks which will boost liquidity in the aftermath of Covid-19.

Greek tourism professionals are expecting the season to open after May, depending on the vaccination rates for Covid-19 and the effectiveness of containment measures.

Τhe recovery in passenger demand came to a halt in November 2020, as governments responded to new Covid-19 outbreaks with severe travel restrictions, IATA said.

Demand for Airbnb short-term rentals in Athens plunged in 2020 due to the Covid-19 pandemic, driving revenue down by 80%, according to an EY report.

The coronavirus pandemic and its consequences wiped out 21 years of global passenger traffic growth in 2020, according to a report by global aviation data firm Cirium.

The European Commission has approved a second tranche of Italian aid in favor of Alitalia as compensation for operating losses due to the Covid-19 pandemic.

Greece will need to redesign its tourism strategy in order to address the Covid-19 impact and the subsequent new trends in travel and consumer behavior, according to a study by EY.

Describing their situation as “tragic” due to the negative effects of Covid-19, Greek travel agents are requesting immediate government support.

The UNWTO is calling on governments to do more to help tourism’s restart and show that safe international travel is not only possible but also essential.

This year has been catastrophic for travel companies with turnover down to 20 percent compared to 2019, ECTAA, the European Travel Agent and Tour Operator Association, said in a review of 2020.

The international cruise industry appears optimistic and ready to address the challenges of the new year ahead, CLIA says in its latest report.

The nights spent in hotels and tourist campsites in Greece recorded a significant drop during January-September 2020, according to data by ELSTAT.