Accor has reported a net loss of €2 billion for financial 2020 as Covid-19 took a huge toll around the world. The figure is sharply down from a profit of €464 million reported in 2019. Travel restrictions saw revenues fall 60 per cent to €1.6 billion for the year. The largest hotel company in Europe, […]
Tag Archives: toll
06
Aug
Aug
Etihad Airways carried some 3.5 million passengers in the first half of 2020, down 58 per cent from the 8.2 million reported in the same period of last year. The figure illustrates the impact the Covid-19 outbreak has taken on the aviation sector this year. The Abu Dhabi flag-carrier recorded a core operating loss of […]