Search Results for "covid-19"


Airport Liquidity Key To Ratings Stability, Fitch Executive Says

Airport Liquidity Key To Ratings Stability, Fitch Executive Says

The COVID-19 pandemic has led to traffic declines at unprecedented levels, exceeding past disruption events, Seth Lehman, senior director, U.S. airports, for Fitch Ratings said in a webinar Wednesday. “And unlike past disruption events, where recovery is speedy, this pandemic has been transformative in that it will [prompt] the longest…

ACI-NA : $17 Billion More in Airport Losses

ACI-NA : $17 Billion More in Airport Losses

Airports Council International – North America (ACI-NA) this week released financial projections that show U.S. airports will lose at least $17 billion between April 2021 and March 2022 because of the prolonged decline in commercial aviation traffic resulting from the COVID-19 pandemic. These losses are in addition to the $23…

Partnerships Key To Recovery, Concessionaires Stress

Partnerships Key To Recovery, Concessionaires Stress

…trying to return to financial viability, they’re also attempting to identify how their businesses should change to meet the needs of passengers going forward. “[One challenge is] understanding the long-term changes – whether it’s shopping or dining habits – that COVID may have on what we considered normal in the…

CNN to End Airport Network

CNN to End Airport Network

…because of COVID-19 coupled with all the new ways that people are consuming content on their personal devices, has lessened the need for the CNN Airport Network.” In noting that the CNN Airport Network had become a part of the U.S. travel experience, Zucker said, “Be proud that we had…

CDC To Require Negative COVID Test For International Arrivals

CDC To Require Negative COVID Test For International Arrivals

The Centers for Disease Control and Prevention (CDC) this week said it is expanding the requirement for a negative COVID-19 test to all air passengers entering the U.S., beginning January 26. Under the new requirements, air passengers will be required to get a test within the three days before their…