Aeromexico: Scheduled passenger capacity reduced by 86.9%
Grupo Aeromexico S.A.B. de C.V. today reported June 2020 operational results. Aeromexico’s capacity, measured in Available Seat Kilometers (ASKs), decreased by 74.5% year-on-year. During June Aeromexico operated a total of 81 profitable charter cargo operations, which represented 48.0% of the capacity deployed. Scheduled passenger capacity reduced by 86.9%. Grupo Aeromexico transported 243 thousand passengers in […]
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Jamaica Christmas in July Tradeshow Goes Virtual
One hundred and eighty three (183) manufacturers and artisans, have capitalized on the opportunity to display their locally-made corporate gift items for assessment, as they seek to secure their spot among the exhibitors at the first-ever virtual staging of the Jamaica Christmas in July Tradeshow. The local producers all participated in the assessment process at […]
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Munich Airport: Passenger volume shrinks by two thirds
After years of continuous traffic growth, the global spread of the coronavirus has caused passenger numbers at Munich Airport to drop again for the first time: Passenger volume fell by around 15 million to just under 7.8 million in the first half of 2020 – a reduction of two thirds compared to the previous year’s level. The […]
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Progress in Chapter 11 tranche financing for LATAM Airlines
LATAM Airlines Group S.A. (‘LATAM’) today presented the second tranche financing proposal to the Court of the Southern District of New York, as part of the Chapter 11 process. Tranche A amounts to US$1.3 billion that was committed by Oaktree Capital Management L.P. and its affiliates. This proposal must be reviewed and approved by the […]
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United Airlines Massive Furlough Brewing
Today, United Airlines informed operations leaders that half of the airline’s entire staff would be receiving notices of involuntary furloughs. Unfortunately the airline’s announcement just 3 weeks ago that it expects to have total available liquidity of approximately $17 billion at the end of the third quarter of 2020 does not appear to have come […]
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Staycations, road trips and flexibility pave the way to US tourism recovery
Summer travel unarguably looks different this summer, and the latest travel industry report sheds light on the emerging priorities and behaviors of Americans looking to get away. Leveraging search and demand data and a national poll of 1,000+ Americans, results from the report include: 85 percent of U.S. travelers are likely to take a road […]
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Beijing threatening to impose visa restrictions on US citizens
Chinese government officials announced today that China will impose visa restrictions on US citizens who have engaged in “egregious” behavior over Tibet. Visa restrictions announcement is Beijing’s apparent retaliation against US curbs on Chinese officials. US Secretary of State Mike Pompeo said on Tuesday Washington would restrict visas for some Chinese officials because Beijing allegedly […]
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Airbus: 36 commercial aircraft deliveries in June, versus 24 in May
Airbus delivered 36 commercial aircraft in June 2020, representing a slight increase compared to 24 in May and 14 in April and bringing the total for the first half of the year to 196 deliveries. In H1 2020, Airbus booked a total of 298 net commercial aircraft orders. This compares to 389 aircraft in H1 […]
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Hawaii Tourism: Honolulu Mayor alarmed, Hawaii Governor avoids questions
Honolulu Mayor Caldwell today introduced a “Fish to Dish” program to support O‘ahu’s critical fisheries infrastructure when a new record increase in COVID -19 infections was posted today. Hawaii Governor Ige in a separate press conference again did not allow eTurboNews to ask a question and successfully avoided to respond to the Honolulu Mayor’s concern […]
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Philadelphia Tourism launches new PHL Health Pledge initiative
The Philadelphia Convention and Visitors Bureau has launched the ‘PHL Health Pledge’, a new initiative to increase awareness of the destination’s efforts to safely welcome back visitors as Philadelphia gradually reopens for business. To support this effort, the PHLCVB has partnered with Dr. David Nash, Dean Emeritus of the Jefferson College of Population Health, to […]
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