The European Commission has approved a 3.4 billion euros Dutch aid measure to KLM to provide urgent liquidity to the company in the context of the Covid-19 outbreak.

The public’s willingness to travel is being tempered by concerns over the risks of catching the coronavirus during air travel, according to a survey by IATA.

The European Commission has revised its outlook for the Greek economy, saying prospects for 2020 in the aftermath of Covid-19 were milder than initially expected.

The Lufthansa Group has announced a second set of measures as part of its overall restructuring program in the wake of the Covid-19 crisis.

Greek Prime Minister Kyriakos Mitsotakis said he would not hesitate to take added measures to support the tourism industry should the need arise.

KLM is to receive a 3.4-billion-euro support package, backed by the Dutch State, to “weather the current COVID-19 crisis and prepare for the future”.

Twenty-two percent of all tourism destinations worldwide have started to ease travel restrictions, with Europe leading the way, according to research by the UNWTO.

Greek tourism receipts and incoming traffic took a hard hit in April after Covid-19 brought global travel to a standstill.

The Miraggio Thermal Spa Resort in Halkidiki has announced the suspension of operations for the 2020 season due to concerns regarding Covid-19.

The WTTC has presented three possible outcomes for the travel and tourism sector as a result of the local and global travel restrictions due to Covid-19.

Covid-19 brought an abrupt halt to strong momentum in Greece’s MICE industry, according to the Hellenic Association of Professional Congress Organizers (HAPCO).

Referring to 2020 as “the worst year in the history of aviation”, IATA expects the airline industry to lose $84.3 billion due to the Covid-19 crisis.