Lufthansa Group: Preliminary Q1 results and outlook on liquidity development

The travel restrictions implemented as a consequence of the global spread of the coronavirus had a significant impact on the Lufthansa Group‘s earnings development in the first quarter of 2020. On a preliminary basis, Group revenues fell by 18 percent to 6.4 billion euros (previous year: 7.8 billion euros) in the first quarter. In March […]

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Jobs are increasingly at risk as European airline revenues collapse

The International Air Transport Association (IATA) released further evidence of the risk to jobs from the mounting financial crisis threatening European airlines, and called for urgent government action to preserve air services. IATA’s analysis shows that the potential revenue loss by European carriers in 2020 has grown to $89 billion and passenger demand (measured in […]

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Official Cayman Islands Update on COVID-19 coronavirus

Although there were no results reported during the April 21, 2020 COVID-19 press briefing, in an official Cayman Islands update, Chief Medical Officer Dr. John Lee detailed who is being included in the first wave of increased testing. Meanwhile, His Excellency the Governor provided more details about the arriving military, civilian, and logistics support team […]

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Caribbean Tourism: Put People First During COVID-19 Pandemic

Caribbean tourism brands, including destinations, organizations, and businesses, must put people first in order to come out of the global Covid-19 pandemic stronger. That’s the advice from Carla Santiago, the general manager of the Miami office of Edelman, a global communications firm that partners with businesses and organizations to evolve, promote and protect their brands […]

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Official Dominica Update: COVID-19 cases remain the same

In today’s official Dominica update, it was reported that the total number of confirmed COVID-19 cases remains at 16. The last confirmed COVID-19 test result was obtained on April 7, fourteen days ago. To date, a total of 377 persons have been tested and 152 contacts have been identified and cleared. Nine COVID-19 patients have […]

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