Advertisements


We are Sorry, This Page doesn't Exist


Royal Caribbean in talks for more financing to ride out shutdown

Royal Caribbean Cruises Ltd. is in talks to raise new financing to weather the shutdown of the travel industry during the pandemic, according to people with knowledge of the matter......»»

Category: topSource: moneycentralApr 23rd, 2020

United Airlines sells $1 billion of stock in fresh move to weather pandemic

United Airlines Holdings Inc on Tuesday announced a public offering to raise more than $1 billion, the first major airline to sell equity to help it survive a sharp travel downturn in the coronavirus pandemic......»»

Category: topSource: reutersApr 21st, 2020

United Airlines sees first-quarter loss of $2.1 billion

United Airlines said on Monday it expects to report a pretax loss of about $2.1 billion in the first quarter, hurt by a sharp drop in travel demand from the coronavirus pandemic......»»

Category: topSource: reutersApr 20th, 2020

Airbnb Raises Another $1B In Second Funding In A Week As Pandemic Hurts Business

Airbnb Inc. has raised $1 billion in a second funding round in just over a week, the home-rental company announced Tuesday. read more.....»»

Category: blogSource: benzingaApr 15th, 2020

Airbnb secures new $1 billion loan on top of $1 billion bond deal

Airbnb, whose home rental business is suffering as the coronavirus pandemic freezes global travel, has secured a new $1 billion loan just days after closing a $1 billion debt deal, the company said on Tuesday......»»

Category: topSource: reutersApr 15th, 2020

U.S. awards airports $10 billion in grants amid travel falloff

The U.S. Transportation Department on Tuesday awarded nearly $10 billion to U.S. airports struggling with a massive falloff in travel demand because of the coronavirus pandemic......»»

Category: topSource: reutersApr 14th, 2020

Global airline hit from coronavirus rises to $314 billion: IATA

Global airlines will lose $314 billion in revenue due to the coronavirus pandemic in 2020 according to a forecast from the industry's representative body IATA, which raised its estimate from the $252 billion figure given on March 24......»»

Category: topSource: reutersApr 14th, 2020

Nissan reportedly wants a $4.6 billion lifeline to "engineer a desperately needed turnaround" amid the coronavirus pandemic

Kim Kyung Hoon/Reuters Connect The COVID-19 pandemic and resulting sales slump for automakers is hitting Nissan hard. As such, the automaker has repor.....»»

Category: topSource: businessinsiderApr 10th, 2020

Index Ventures raises $2 billion for early-stage, growth investments

Venture capital firm Index Ventures said on Thursday it had raised $2 billion for early-stage and growth investments, backing entrepreneurs it reckons will lead the way out of the economic slump caused by the coronavirus pandemic......»»

Category: topSource: reutersApr 9th, 2020

Index Ventures raises $2 billion for growth investments

Venture capital firm Index Ventures said on Thursday it had raised $2 billion for growth investments, backing entrepreneurs it reckons will lead the way out of the economic slump caused by the coronavirus pandemic......»»

Category: topSource: reutersApr 9th, 2020

Nissan seeks $4.6 billion credit line as coronavirus hammers car demand: sources

Nissan Motor Co Ltd has requested a $4.6 billion commitment line from major lenders to cushion the impact of the coronavirus pandemic while it seeks to engineer a desperately needed turnaround, people with knowledge of the matter said......»»

Category: topSource: reutersApr 9th, 2020

Airbnb gets $1 billion investment for post-virus recovery

Airbnb on Monday announced it was taking a billion dollars in new investment to endure and, it hopes, thrive in a travel world transformed by the coronavirus pandemic. .....»»

Category: topSource: moneycentralApr 7th, 2020

Southwest Airlines to seek aid from U.S. Treasury as demand craters

Southwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid to help it ride out the sharp drop in travel demand caused by the massive lockdowns because of the coronavirus pandemic......»»

Category: topSource: reutersApr 2nd, 2020

Southwest Airlines to apply for U.S. government aid as demand craters

Southwest Airlines Co said on Thursday it intends to apply for U.S. government aid to help it ride out the sharp drop in travel demand caused by the massive lockdowns because of the coronavirus pandemic......»»

Category: topSource: reutersApr 2nd, 2020

Cruise operator Carnival pays high price to get credit investors on board

Carnival Corp , the world's largest cruise operator, said it has raised $6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic......»»

Category: topSource: reutersApr 2nd, 2020

Cruise operator Carnival pays high price to get credit investors on board: sources

Carnival Corp , the world's largest cruise operator, raised $6.25 billion by issuing new debt and equity on Wednesday, borrowing at a high cost to weather the economic storm of the coronavirus pandemic, people familiar with the matter said......»»

Category: topSource: reutersApr 1st, 2020

U.S. Senate bill to grant airlines bailout to weather coronavirus

The U.S. Senate will vote on Wednesday to give the U.S. aviation industry $58 billion in aid, half in the form of grants to cover some 750,000 employees' paychecks, in a badly needed lifeline for an industry facing the worst travel downturn in history......»»

Category: topSource: reutersMar 25th, 2020

U.S. Senate bill grants aviation sector big bailout: Republican senator

A compromise $2 trillion economic rescue package set to be voted on by the U.S. Senate on Wednesday will include $25 billion for airlines in cash grants, a badly needed lifeline for an industry facing the worst travel downturn in history......»»

Category: topSource: reutersMar 25th, 2020

Airbus signs credit facility for 15 billion euros, withdraws 2020 guidance

Planemaker Airbus announced new steps on Monday to bolster its financial position as a coronavirus pandemic cripples the travel industry, including the signing of a credit facility for 15 billion euros ($16.1 billion)......»»

Category: topSource: reutersMar 23rd, 2020

Ford hoards cash, withdraws profit forecast amid coronavirus outbreak

Ford Motor Co on Thursday moved to hoard cash on its balance sheet, drawing down $15.4 billion from two credit lines and suspending its dividend, in a move to bolster reserves to ride out damage to its business from the coronavirus pandemic......»»

Category: topSource: reutersMar 19th, 2020