U.K.-based airline Virgin Atlantic recently filed for bankruptcy in the United States seeking protection under chapter 15 of the U.S. bankruptcy code. 

International tourist spending in the US might not return to pre-Covid levels until 2024, says Brand USA CEO Christopher Thomson.

American Society of Travel Advisors president and CEO Zane Kerby is sounding the alarm over the need for more federal relief for the travel industry.

Air France-KLM has reported a €1.5 billion loss for the second quarter as the Covid-19 continues to take a huge toll on the global aviation sector.

TUI has announced it will close 166 stores across the UK and Ireland, in what will be seen as a major blow to the tourism industry.

Virgin Atlantic has raised 1.2 billion pounds ($1.8 billion) from private sources, including from founder Richard Branson, the company said Tuesday.