California [US], October 5 (ANI/Xinhua): Regal Cinemas, the second-largest theatre chain in the United States, is considering closing all 543 of its theatres in the country due to continued revenue losses from the COVID-19 pandemic.
New Delhi [India], October 1 (ANI): The Multiplex Association of India (MAI) on Thursday welcomed the government's decision to allow reopening of cinemas across the country from October 15 with up to 50 per cent of seating capacity.
Panaji (Goa) [India], September 11 (ANI): Goa Government has refuted the allegation of revenue loss regarding Mopa Airport Development Authority (MADA), who according to MLA Rohan Khaunte issued a construction license without taking license fee.
New Delhi [India], September 3 (ANI): The latest IHS Markit Services Purchasing Managers' Index (PMI) released on Thursday indicated a slower rate of decline in business activity across the Indian service sector during August.
New Delhi [India], Aug 17 (ANI): An estimated two crore direct and indirect jobs related to tourism industry in the country could be lost due to COVID-19 and the revenue loss could be Rs 1.58 lakh crore in the worst case, a parliamentary panel was told on Monday by Tourism ministry officials
New Delhi [India], Aug 13 (ANI): Eicher Motors on Thursday reported 66 per cent fall in its total revenue from operations to Rs 818 crore in the April to June quarter and a loss of Rs 55 crore as against a profit of Rs 452 crore in Q1 FY20.
Mumbai (Maharashtra) [India], August 7 (ANI): After bearing revenue loss of Rs 2,026 crores, the Western Railway has refunded over Rs 400 crore upon cancellation of tickets during the COVID-19-induced lockdown.
Mumbai (Maharashtra) [India], May 7 (ANI): The extended lockdown to contain COVID-19 pandemic which has stalled traffic on the ground as in the air is expected to heap enormous losses on infrastructure industries in both sectors, analytics company Crisil said on Thursday.
Geneva [Switzerland], April 24 (ANI): The potential revenue loss by European carriers in 2020 has grown to 89 billion dollars and passenger demand measured in revenue passenger kilometres) is projected to be 55 per cent below 2019 levels, according to the International Air Transport Associat
Singapore, April 24 (ANI): Airlines in India are likely to suffer a revenue loss of 11.2 billion dollars this year leading to 2.9 million jobs at risk as passenger demand falls by 47 per cent due to COVID-19 crisis, the International Air Transport Association (IATA) said on Friday.
Geneva [Switzerland], Mar 25 (ANI): The International Air Transport Association (IATA) has updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry.