Norwegian Airlines asks creditors to defer interest and repayment on loans until June 30 to meet state requirements before disbursement of relief package funds.
The Norwegian low-cost company Norwegian on Wednesday evening contacted its lenders to seek deferral of interest payments and repayments on its debt items until June 30 this year. This is done...
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Corona-canceled travel means that the Norwegian travel industry owes its customers a considerable amount. The deadline for payment within 14 days is not possible without government assistance.
The Corona measures have meant that the travel industry has stopped completely.
– In case of cancellation, the customer will have a full refund and the money back in...
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Low occupancy for several months to come means that the Scandic hotel chain has a financing need of around NOK 1.6 billion.
Corona crisis, Scandic has implemented significant cost measures. Last week, the chain’s occupancy rate was ten to fifteen percent. At the same time, it is estimated that at the end of April the...
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Tenerife offers the opportunity for an active holiday all year round, with a pleasant climate 365 days a year. Recently, a healthy lifestyle has become more and more common, and in this regard, Tenerife has been hailed as a place where it is possible to combine sports activities with a relaxing holiday, since the...
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For several days, more than a hundred Australian doctors, dentists and medical experts have been aboard the ship off the coast of Chile, writes The Guardian.
The country has stopped all cruise entries until September.
Roald Amundsen left the Falkland Islands on February 29 for a voyage to Antarctica and the fjords in Chile....
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The hospitality industry and tourism industry are drastically affected as travel decreases and events are canceled. We do not know exactly how the downturn will affect various municipalities and workplaces, but statistics from Statistics Sweden show where we are being hit the hardest.
Charlotta Mellander is a professor of economics and researches regional development, cities...
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Norwegian is a Norwegian company that needs similar help from the Norwegian authorities in order to secure Norwegian jobs, infrastructure and value creation. We are pleased that the Government and Storting have said they will do everything necessary to save Norwegian companies and Norwegian jobs through this crisis, and we now hope that similar...
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DRF Director Lars Thykier says many travel agencies are already bankrupt at this time, and he wonders if the $ 1.5 billion danish kroner the Government guarantees through the Travel Guarantee Fund is a loan and not a definite compensation. “It will take years to repay such a large amount, and I am...
Amadeus has signed a new agreement with Hertz to offer travel agencies and travelers around the world access to cars from Hertz ‘complete range of the Hertz, Dollar, Thrifty and Firefly brands. This means that travel agents will have a more flexible approach to Hertz’s approximately 10,200 branches and franchisees in North America, Europe,...
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More and more hotel rooms in the country are empty in the wake of the corona virus. According to business organization Visita, which has obtained figures from Benchmark Alliance, the occupancy rate of the hotels has completely crashed, TT reports.
Almost nine out of ten hotel rooms in Stockholm are vacant and in Gothenburg, occupancy...
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