Linda Fox News

Travel value chain under scrutiny as airlines get bailouts and intermediaries plead for help
News / Distribution
Travel value chain under scrutiny as airlines get bailouts and intermediaries plead for help
By Linda Fox | March 26, 2020
IATA's mention of the value chain has faced significant criticism in the past week from some areas of... Read More
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
News / Distribution
Amadeus plans for €300M cost-cutting program as coronavirus slams aviation
By Linda Fox | March 25, 2020
The company has been hit by a combination of trip cancellations and restrictions on international... Read More
Youth and student travel sector looks to previous crises for coronavirus recovery clues
News / Distribution
Youth and student travel sector looks to previous crises for coronavirus recovery clues
By Linda Fox | March 25, 2020
In its latest analysis of the business impact of COVID-19, WYSE says that although every crisis... Read More
haunted financial
News / Online
Could addiction to debt come back to haunt some online travel companies?
By Steven Lerner | March 25, 2020
If revenue drops due to COVID-19, past debt will make it more challenging for online travel companies... Read More
Electric air taxi company Lilium raises $240M toward developing regional service
News / Technology
Electric air taxi company Lilium raises $240M toward developing regional service
By Steven Lerner | March 24, 2020
The German company is developing an emissions-free, vertical takeoff air taxi that it plans to operate... Read More
Keeping communication channels open is critical for airlines during a crisis
News / Technology
Keeping communication channels open is critical for airlines during a crisis
By Linda Fox | March 23, 2020
15below CEO Nicholas Key discusses the role technology is playing in real-time communications... Read More
pruvo seed funding
News / Technology
Hospitality startup Pruvo closes $1.1M seed round amid coronavirus outbreak
By Steven Lerner | March 20, 2020
In the face of the COVID-19 coronavirus outbreak, an artificial intelligence-driven hospitality... Read More
Lastminute.com Group expects bookings to return in May, predicts offline competitors will fail
News / Distribution
Lastminute.com Group expects bookings to return in May, predicts offline competitors will fail
By Linda Fox | March 19, 2020
The business posted gains in revenue and EBITDA for full-year 2019 and claims a strong cash position... Read More
2019 earnings trip.com group
News / Online
Trip.com Group anticipates revenue impact from coronavirus, hopes for quick domestic travel recovery
By Steven Lerner | March 19, 2020
Trip.com Group expects net revenue to decrease by 45% to 50% year-over-year in the first quarter of... Read More
What happens to travel startup funding during an economic downturn?
News / Startups
What happens to travel startup funding during an economic downturn?
By Steven Lerner | March 19, 2020
During an economic downturn, startups should go back to basics and focus on positive unit economics.... Read More
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