Another general strike against the government’s austerity plans is scheduled in Greece for tomorrow (Thursday). The prognosis is that the strike will disrupt public services and most transport, except air travel. Read about it at Kathimerini
Also, in the same publication is an article indicating that hotel occupancy in Greece is down 10 percent. In turn, the hotels have responded with price cuts reported at the 10 percent level. We suspect that bargains may be struck by those inclined to haggle (and it could be a prolonged haggle).
In the UK, the situation with the BA strike appears unsettled. Although the strike was banned by the courts, it still caused 20,000 cancellations yesterday and will likely have the same influence today. In addition, the cabin crews are seeking to have the courts overturn the injunction on striking. See this updated article in Bloomberg – Business Week for more details.
The Iceland volcano caused problems over the weekend for flights in the UK and Ireland and yesterday in the eastern Mediterranean. Britain and Ireland have relaxed the rules for flying in “ash cloud” situations. Read this article from The New York Times for more details.
No Comments yet
Sorry, the comment form is closed at this time.