Tag: revenue loss

Russian airlines lost 3.2 billion rubles from Putin’s Georgia ‘flight ban’
Airline News

Russian airlines lost 3.2 billion rubles from Putin’s Georgia ‘flight ban’

mm Chief Assignment Editor- December 6, 2019

Russian airlines estimate their losses from the ban on flights to Georgia, introduced at the height of the "high" tourist ... Read More

Fraport AGM:  Well Positioned for the Future, Nationally and Internationally
Breaking Travel News

Fraport AGM:  Well Positioned for the Future, Nationally and Internationally

Juergen T Steinmetz Juergen T Steinmetz- May 28, 2019

Fraport AG's executive board chairman, Dr. Stefan Schulte, struck a positive note at the company's Annual General Meeting (AGM) today: ... Read More

Airlines demanding compensation from Boeing for 737 Max fiasco losses
Airline News

Airlines demanding compensation from Boeing for 737 Max fiasco losses

mm Chief Assignment Editor- March 14, 2019

Airlines are beginning to demand compensation from Boeing as revenue losses are expected to mount after the troubled Boeing MAX ... Read More

Volcanic ash costing El Al $20 million a week in revenue
Travel News

Volcanic ash costing El Al $20 million a week in revenue

editor editor- April 19, 2010

The volcanic ash cloud that is shutting down air traffic over Europe is also seriously affecting Israeli airlines and other ... Read More

With Machu Picchu closed to tourists Peru’s GDP suffers
Travel News

With Machu Picchu closed to tourists Peru’s GDP suffers

editor editor- February 5, 2010

Peru’s government will help repair the privately owned rail line that takes tourists to the Machu Picchu ruins in a ... Read More

Flood damage shuts Machu Picchu for at least three weeks
Travel News

Flood damage shuts Machu Picchu for at least three weeks

editor editor- February 3, 2010

The fabled Inca site of Machu Picchu will be closed to tourists for at least three weeks – and shut ... Read More

Alaska: Shooting itself in the foot
Travel News

Alaska: Shooting itself in the foot

editor editor- August 31, 2009

It's a tough year for Alaska's tourism firms. The forebodings earlier this year, of 20 percent to 30 percent declines ... Read More

Angolan airline losing $5 million a month on EU ban, Angop says
Travel News

Angolan airline losing $5 million a month on EU ban, Angop says

editor editor- January 5, 2009

Angola’s state-owned airline, TAAG, is losing $5 million a month because the European Union banned it from flying in its ... Read More

Sarkis laments loss of $3 billion in tourism revenues to instability
Travel News

Sarkis laments loss of $3 billion in tourism revenues to instability

editor editor- February 29, 2008

BEIRUT - Lebanon lost nearly $3 billion in revenue due to the sharp drop in the number of tourists in ... Read More

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