Remove Banking Remove Bankruptcy Remove Los Angeles Remove Travel
article thumbnail

Holidaymakers face six-month wait for travel refunds as airlines struggle to deal with colossal backlog of claims with £7billion owed to customers

Construction Test

Millions of travellers owed refunds for cancelled flights face months of chaos amid a crisis in the airline industry. The Wall Street bank was initially drafted in to handle a possible bailout of Virgin Atlantic, but has been awarded a broader mandate covering the entire sector. . By Amie Gordon . year-on-year decline in demand to 14.6

Travel 26
article thumbnail

British Airways could pull out of Gatwick and cut a quarter of its pilots, leaked memo reveals

Construction Test

Will air travel get more expensive? ‘This will make it significantly more expensive and harder for these passengers to travel. In these markets, we can expect train and bus travel to see significant growth.’ British Airways planes seen parked up on March 31 at Gatwick airport. Advertisement. ’ .

Travel 26
article thumbnail

STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. The COMMERCIAL FISHING AND AGRICULTURE BANK provides loans to fishing, tourism, natural resources and agriculture-based projects.

Income 75