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Transport & tourism news

Sky News says Jaguar Land Rover is seeking government funding to combat COVID-19
25th May
  • Sky News says Jaguar Land Rover is seeking government funding to combat COVID-19.
  • Jaguar furloughed 20,000 employees in 2020 to shore up finances amidst the pandemic.
  • Fitch downgrades Jaguar's credit rating as Coronavirus weighs on demand and operations.

Latest Transport & tourism news

21st May
Expedia sees an unprecedented 545% increase in adjusted net loss in Q1
20th May
Lufthansa says hundreds of its aeroplanes will remain grounded until 2022 due to COVID-19
19th May
Vroom files for an initial public offering in the U.S after seven years of operations
18th May
Ryanair reports a 13% increase in annual profit after tax but slashes traffic target for fiscal 2021
15th May
Volkswagen and Ford Motor to collaborate on self-driving and electric vehicles
14th May
3M reports an 11% decline in sales in April as Coronavirus shuts factories
14th May
Fiat Chrysler and Peugeot suspend ordinary dividend for 2019 on COVID-19 uncertainty
12th May
United Airlines announces Brett Hart as the new president effective May 20th
11th May
Halfords jumps 26% as the government recommends people to cycle to work
10th May
IAG swings to an operating loss of £473 million in the first quarter
8th May
Tripadvisor swings to a £12.92 million net loss in Q1 due to COVID-19 restrictions
8th May
Uber jumps 10% as ride volume starts to recover after bottoming out in April
7th May
JetBlue’s revenue slumps 15.1% in Q1 due to COVID-19 restrictions on travel and tourism
7th May
Lyft jumps 17% on more riders in Q1 despite Coronavirus restrictions
6th May
General Motors records a £237 million profit in Q1 despite the Coronavirus restrictions
6th May
Virgin Galactic posts a £42.84 million adjusted EBITDA loss in the first quarter
5th May
Fiat Chrysler swings to a loss in Q1 as COVID-19 shuts factories and weighs on demand
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