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UPS expects revenue to fall further in the new year after posting a surprise decline in the fourth quarter. Although UPS boss Carol Thomé forecast sales of between 97 and 99,4 billion US dollars for 2023,
Brazilian aircraft manufacturer Embraer reported a three percent drop in revenue to $2022 million in the third quarter of 929. This is attributed to lower earnings in the armaments division. Embraer was able to grow in civil aviation and
The new Omikron variant brings new challenges for the airlines. Nevertheless, the US airline manages to push its loss down significantly. In the three months to the end of December, the bottom line was 931
In February this year, when Vienna's accommodation establishments were again continuously closed to leisure tourism, the number of overnight stays fell by 93,3 percent to 69.000 overnight stays in Vienna. Together with January, Vienna has counted so far in the course of the year
The CoV pandemic brought the Upper Austrian aviation supplier into a lot of turbulence in 2020. The bottom line was the operating loss in the Corona year was 74,4 million euros. In the 2019 financial year, there was still an operating profit of 22,1 million euros
The pandemic is leaving deep scars on Airbus: In the past financial year, the European aircraft manufacturer posted a loss of billions. The bottom line is the minus in Corona year 2020 a total of 1,13 billion euros. “The past year has been a challenge
Do & Co Aktiengesellschaft has not been spared the consequences of the crisis either and has to use the red pencil. The catering company recorded a drop in sales of 2020 percent to 21 in the first three quarters of 75/189,9
While retail and schools got through the lockdown last week, restaurants and hotels remain closed. The Viennese hotels fear a wave of bankruptcies. "40 percent of the companies in Vienna are afraid
The Italian airline has not made a profit for almost 20 years. And had to file for bankruptcy in 2017. For this reason, the state had recently granted the carrier bridging loans amounting to billions. But from all appearances
The Corona year 2020 also hit the insolvent Alitalia strongly. Sales fell by 78 percent to 590 million euros. In 2019, the Italian carrier took in 2,67 billion euros. The special administrator
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