The Greek National Tourism Organization (GNTO) is temporarily suspending its international promotional campaign of Greece due to the coronavirus pandemic.

Greek airline company AEGEAN is temporarily cutting the majority of flights in its international network, following the elevation of the Covid-19 virus to pandemic status.

Austrian Airlines is temporarily terminating all regular flight operations as of March 18 due to entry bans being imposed across the globe to limit the spread of the coronavirus.

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 – Centre for Aviation.

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 governments to alleviate the unprecedented challenges.

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.