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1,9 billion euros loss: In Germany there are hidden fees in excessive exchange rates, high costs for international transactions and expenses abroad by travelers. On behalf of Wise, the economic research company Capital Economics determined that
The planned IPO of Etihad Airways has taken another step forward. The sovereign wealth fund through which Abu Dhabi manages the company has now selected the advisory banks. According to a report from Bloomberg, they are under
With credit and debit card payments, there are sometimes situations where customers are unhappy with a transaction or realize they have been the victim of fraud. In such cases, a chargeback can be a useful way
The AK warns of expense traps when spending money on vacation. In euro countries, vacationers are best off with an ATM card. Attention, withdrawing with the credit card and expenses at some ATMs are also expensive there. In non-euro countries
Paying with debit and/or credit cards was given a further boost by the corona pandemic, because banks and retailers also argued with additional security compared to cash. While within the euro zone, as a rule, at most expenses for the
Cologne / Bonn Airport has secured an additional credit line for working capital in the amount of 63,5 million euros. This is granted by DZ Bank, Sparkasse Köln / Bonn, Hessische Landesbank, Nord LB and Postbank. The structured in its own finance department
Very few vacation spots do not have any cash at all. Again and again you come across a shop or a rental of beach chairs that operates according to the motto "Cash is King". The withdrawal of cash from ATMs
The aviation group has signed a revolving credit facility with a syndicate of banks. The total amount available under the Facility is $ 1,755 billion and will last for a period of three years plus two one-year extension periods
The situation at Iran Air appears to be serious. At the carrier, around 2.000 of its 11.000 employees will have to pack their bags over the next four months. Money worries are nothing new to the airline. Even before the
At weddings, Jet Airways became the largest Indian airline. In April 2019, however, the airline had to close, the mountain of debt was too high. Today new investors are working on the comeback. How hard it actually is
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