This week has been a mixed bag. On one hand, we’ve seen a few countries ease their Covid-19 travel restrictions. On the other hand, the airline industry seems to be in a free fall as new reports of airline bankruptcies emerge. Here’s a quick recap of some of the stories this week.
Covid-19 travel restrictions are being eased, here’s how you can track them
The IATA has set up a pretty handy website where you can track Covid-19 related travel restrictions. As many countries ease restrictions, this is a good resource that you can utilize before booking your next trip.
LATAM USA goes bankrupt, files for Chapter 11 protection
Covid-19 has completely upended the travel industry. Airlines are simply not able to survive due to the sudden paucity of customer demand. LATAM USA is the latest to go bust.
Why we love travel, but don’t love the travel industry
As a community, we all love travel. However, travel brands feature nowhere in the top 100 list of brands. What could be the reason for this? I outline some data and explain why this is the case.
Before filing for bankruptcy, Hertz paid execs $16m in bonuses
As travel has ground to a halt due to Covid-19, we’re now seeing some of the ripple effects. As airlines and airports remain largely shut, the car rental industry is facing the brunt as well. However, Hertz’s management’s actions are surely facing public scrutiny.
Cash worth 30 Million Rupees found in crashed PIA aircraft
Last week, we heard the horrific news about the PIA aircraft crash in Karachi, Pakistan that killed 97 people on board. There’s now a new twist to the tale as investigators have found two bags containing cash worth 30 million Pakistani rupees.
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