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Hertz Sweden lays-off 90 percent of employees

by on April 3, 2020 0

There are tough times even for the rental car industry – the demand for rental cars has never been as low as now. Now Hertz Sweden is forced to short-term 90 percent of its staff.

As a result of the effects of the corona virus, demand for rental cars are at historically low levels. Hertz...

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Tourism loss in Denmark costs 38 billion

by on April 3, 2020 0

A statement from Danske Bank shows that Danish hotels, restaurants, holiday rentals, etc. are going to be missing $ 38.2 billion DKK in lost revenue from foreign tourists this year.

The statement made to the Jutland Post shows at the same time that Denmark generally has a surplus on the tourism balance, in the way...

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Norwegian Air founder reducing shareholdings

by on April 3, 2020 0


A flagship announcement to the Oslo Stock Exchange on Tuesday shows that former Norwegian CEO Bjørn Kjos, his family and business partner Bjørn Kise are reducing their share holdings in the company.


According to Dagens Næringsliv, Kjos and Kise’s company HBK Holding is downsizing to a 4.46 percent ownership interest in the airline...

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Uncertainty about travel package assistance

by on March 30, 2020 0

Six days after the decision to strengthen the Travel Guarantee Fund by DKK 1.5 billion DKK is still unclear how travel agencies can apply for money to cover reimbursements.

The travel agencies’ trade organization, DRF, otherwise referred to the aid package as “urgently needed”, and even earlier this month also called on its members not...

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Norwegian receives first 10% of Norwegian aid package

by on March 30, 2020 0

By getting two unnamed banks to provide guarantees of 30 million. NOK Norwegian has secured 300 million. NOK from the Norwegian State’s aid package to the country’s aviation.

The 300 million kr. corresponds to 10% of the maximum amount the Norwegian low-cost carrier can receive or borrow from the Norwegian state, with the national aviation...

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