IATA estimates that travel (measured in revenue passenger kilometers or RPK) will recover to 43% from 2019 levels during the year. While that’s a 26% improvement over 2020, it’s far from a recovery. Domestic markets are also projected to improve faster than international travel. With this, the total
The International Air Transport Association (IATA) expects airlines net losses of $ 47.7 billion in 2021. Overall, the pandemic has had a dramatic effect on the world’s air transport services sector. For now, the IATA projection is an improvement over the industry’s estimated net loss of $ 126.4
Halliburton Company reported a net profit of $ 170 million in the first quarter of 2021. The figure compares with a net loss of $ 1,017 million in the same quarter of 2020. Founded in 1919, Halliburton is one of the world’s largest providers of products and services
The Brazilian company Gerdau reported that of its total steel production, it exported 16% in 2020 and, consequently, the remaining 84% was destined for the domestic market in Brazil. Based in Porto Alegre, Gerdau is a leader in the production of long steel in Latin America and North
Chipotle Mexican Grill, Inc. reported that its digital sales grew 133.9% year-on-year in the first quarter of 2021, to $ 869.8 million. With this, digital sales represented 50.1% of its total sales. Just over half of digital sales came from pre-order transactions, as guests increasingly appreciate the value
The peso closed the session with an appreciation of 0.38% or 7.6 cents, trading around 19.90 pesos per dollar, with the exchange rate touching a minimum of 19.8579 and a maximum of 19.9951 pesos. The peso’s appreciation deepened as the dollar weakened in the morning, causing the weighted