Norwegians shareholders agree to the crisis plan
An overwhelming majority of Norwegians' shareholders have voted in favor of the group management's rescue plan, which will prevent the company from going bankrupt.
The...
Government’s tardiness threatens thousands of jobs and payouts to over one million travelers
More than three weeks ago, the travel industry association SRF submitted a concrete proposal to the government on a support fund to handle refunds...
Scandic closes 17 of 27 Danish hotels
Scandic is temporarily shutting down 17 of its 27 hotels in Denmark. For now, the closures are in effect until after Easter.
Scandic Hotels are...
TUI signs German bridge loan
KFW and TUI AG confirm the signing of a € 1.8 billion government bridge loan. The loan is guaranteed by the German federal government...
Norwegian will convert debt into equity
The Norwegian Board of Directors will, through a number of measures, strengthen the company's balance sheet and fulfill the Norwegian authorities' terms in Trades...
Airlines owe two billion SEK to Swedish travel agencies and tour operators
Airlines from all over the world owe Swedish travel agencies and tour operators SEK 2 billion for travel canceled due to corona. Although the...
Airlines on the edge fear repayments
The airlines are at risk of losing everything after canceled flights and demands from millions of travelers to get money back, IATA says.
The International...
Lufthansa shuts down Germanwings
Lufthansa is closing down low-cost airline Germanwings to cut costs and survive the corona crisis.
- Germanwings flights will not continue. The consequences of this...
Companies with a revenue drop of 30 percent or more receive cash support
This has been the main focus for NHO Reiseliv in the last couple of weeks, and we are pleased that daily and close cooperation...
Advice from Swedens Ministry of Foreign Affairs
Do not travel - until the earliest this summer. The Ministry of Foreign Affairs is now extending its travel advice until June. "It is...
