Articles tagged “bailouts”

Airlines

Ryanair Wins Legal Challenge Against Lufthansa’s State Bailout

Lufthansa has already repaid the money, but the ruling could affect future state bailouts.

Foo Yun Chee and Ilona Wissenbach, Reuters | 5 months ago

Ryanair Wins Legal Challenge Against Lufthansa’s State Bailout

Tour Operators

TUI Agrees to Repay German Government $775 Million of Bailout Money

While the substantial assistance TUI received from German authorities helped the tour operator remain afloat during the pandemic, getting all that aid definitely didn't come cheap for the world's largest tour operator.

Ludwig Burger, Reuters | 10 months ago

TUI Agrees to Repay German Government $775 Million of Bailout Money

Hotels

China Government Buys a Hyatt Property From Struggling Developer

These are government bailouts of the hotel industry, China-style.

Arundhati Dutta, Reuters | 2 years ago

China Government Buys a Hyatt Property From Struggling Developer

Airlines

U.S. Airlines Could Regret Taking Billions More In Government Bailouts

The easy move is for U.S. airlines to take billions of dollars in new subsidies, if offered by the government. But there could be future repercussions.

Brian Sumers, Skift | 3 years ago

U.S. Airlines Could Regret Taking Billions More In Government Bailouts

Airlines

JetBlue Founder Close to Giving Up TAP Stake as Portuguese Government Takes a Controlling Share

Giving a controlling stake to the Portuguese government is the price TAP will likely pay for a bailout.

Sergio Goncalves and Catarina Demony,, Reuters | 3 years ago

Airlines

Germany to Discuss Lufthansa Bailout With Airline’s Largest Shareholder

Lufthansa is in a tight spot, and none of its options appear to be particularly appealing.

Holger Hansen and Rene Wagner, Reuters | 3 years ago

Germany to Discuss Lufthansa Bailout With Airline’s Largest Shareholder

Coronavirus

Qatar Airways Is Burning Through Cash and Will Have to Seek Government Support

With coronavirus, airlines around the world are asking for government bailouts. Qatar is no different as it keeps flying even as some of its rivals are grounded.

Alexander Cornwell, Reuters | 3 years ago

Business Travel

Will Travel Advisors Be Last in Line for Bailouts?

Airlines, cruise ships, and hotels rely on travel advisors to book a lot of their business. A lobbying effort is afoot to make sure that thousands of these small businesses don't get left out of recovery measures.

Rosie Spinks, Skift | 4 years ago

Will Travel Advisors Be Last in Line for Bailouts?