Airline Association Fears Even Higher Losses from Corona

In view of the violent second wave of the corona pandemic, the international airline association IATA expects even higher losses than before. For this year and next, the International Air…

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Emirates Anounced its First Half-Yearly Losses Under the Effect of Covid-19

Emirates, the aeronautical flagship of Dubai, announced Thursday its first half-yearly losses in three decades, under the effect of the Covid-19 pandemic which has virtually paralyzed air transport. In six…

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IMF: Losses Due to Corona Virus Will Reach 9 Trillion US Dollars

International Monetary Fund (IMF) estimates that losses due to the corona virus pandemic (covid-19) will reach 9 trillion US dollars in 2020-2021. This figure is far greater than the combined…

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Uber Disappoints Losses in the 3rd Quarter

The Uber chauffeur-driven booking platform, which is planning to enter the stock market next year, has widened its losses in the third quarter to more than a billion dollars. Its…

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