travel inudstry

Plane Demand Plummets as COVID-19 Continues to Blight Travel Industry

Via News Editorial Team4 years ago4 years ago05 mins

Just nine orders for commercial aircraft were placed globally in August due to the coronavirus pandemic, making it the lowest for the month on record, according to aerospace trade body ADS. “The figure is a 59% decline in August 2019 and a 91.3% decline in two years ago. Since the start of the crisis in…

COVID-19: $1 Trillion Loss Could Set Global Tourism Industry Back 20 Years

Via News Editorial Team4 years ago4 years ago04 mins

The economic damage to the global tourism sector as a result of the coronavirus pandemic is likely to exceed $1 trillion this year, which would set the industry back two decades, according to a new report from the United Nations. “Depending on when travel restrictions will be fully lifted, the World Tourism Organization expects international…