Where do OTAs Stand in the Covid-19 Era? - EMEL

Latest

Wednesday, March 25, 2020

Where do OTAs Stand in the Covid-19 Era?

Where do OTAs Stand in the Covid-19 Era?

By OAG, 25 March 2020

Covid-19 (coronavirus disease/2019-nCoV) has impacted the airline and the overall travel industry in unprecedented ways. According to OAG, the number of scheduled flights is down 12% year-over-year compared to the third week of March in 2019. Given the force majeure nature of the situation, airlines have decreased capacities, withdrawn from routes, issued free cancellations and refunds to travelers, enacted flexible amendment policies to accommodate itinerary changes. However, these initiatives have also had negative impact on airlines' operations and the balance sheets.

Read more »

MAKE SMART MOVES

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.