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Travel News - Moody's revises its outlook for airlines to positive on Covid vaccination

Moodys revises its outlook for airlines to positive on Covid vaccination Moodys Investors Service has revised its outlook for the global airlines industry to positive from negative, reflecting that industry fundamentals will materially improve over the next 12 to 18 months. This is despite the current record high daily infection rate in India, travel restrictions in countries with large amounts of traffic to and from India, and ongoing lockdowns in other countrie...
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Outlook Positive For Airlines As Vaccinations Set To Drive Growth In Travel Demand: Moody's

International operations of US airlines will remain significantly curtailed through the summer Moodys Investors Service on Tuesday revised its outlook for the global airlines industry to positive from negative, reflecting that industry fundamentals will materially improve over the next 12 to 18 months. This is despite the current record high daily infection rate in India, travel restrictions in countries with large amounts of traffic to and from India, and ongoing lockdowns in other countries. ...
United States Jonathan Root Airlines As Vaccinations Set To Drive Growth Moody Investors Service On Moody International Investors Service
Source: ndtv.com

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Moody's revises its outlook for airlines to positive on Covid vaccination

Moodys Investors Service on Tuesday revised its outlook for the global airlines industry to positive from negative, reflecting that industry fundamentals will materially improve over the next 12 to 18 months. This is despite the current record high daily infection rate in India, travel restrictions in countries with large amounts of traffic to and from India, and ongoing lockdowns in other countries. "While the continuing pandemic means there is a risk of further disruption to air travel in ...
United States Jonathan Root Moody Investors Service On Investors Service Senior Vice President Jonathan Latin America

Outlook positive for airlines: Moody's

Outlook positive for airlines: Moody’s May 11, 2021 New York [USA], May 11 (ANI): Moody’s Investors Service on Tuesday revised its outlook for the global airlines industry to positive from negative, reflecting that industry fundamentals will materially improve over the next 12 to 18 months. This is despite the current record high daily infection rate in India, travel restrictions in countries with large amounts of traffic to and from India, and ongoing lockdowns in other co...
New York United States Jonathan Root Moody Investors Service On Investors Service Senior Vice President Jonathan
Source: 2lt.com.au

Carlsmed Raises $10M to Commercialize Breakthrough aprevo™ Devices

Carlsmed Raises $10M to Commercialize Breakthrough aprevo™ Devices Today, Carlsmed, Inc. announces the close of a $10M Series A financing to commercialize the aprevo family of spine deformity correction devices. The San Diego-based medical device company is focused on improving outcomes for patients with adult spinal deformity. Carlsmed has pioneered a novel digital + surgical solution to create optimized surgical plans and personalized aprevo implants to enable superior correction of the ...
San Diego United States Kevin Sidow Jonathan Root Mike Cordonnier Frank Fitzgerald

Airlines face a tough year as operating losses mount, Moody's says

SHARE Moody’s Investors Service forecast a negative outlook for global airlines in 2021, with operators expected to lose money until 2022 due to the impact of Covid-19 on air travel demand. The credit rating agency does not expect passenger demand to make a significant return until the coronavirus vaccine is widely available and travellers are more confident about boarding a plane. “We have a negative outlook on the airlines [and] we expect operating losses to run through 2021 into 2022,”...
United States Earl Heffintrayer Peter Trombetta Jonathan Root International Air Transport Association Iata Moody Investors Service

Carlsmed Raises $10M in Series A Funding

Carlsmed, Inc., a San Diego, CA-based medical device company, closed a $10M Series A financing round. The round was led by U.S. Venture Partners with participation from The Vertical Group, Cove Fund, and Wavemaker Three-Sixty Health, among others. The company intends to use the funds to commercialize its devices. Led by Mike Cordonnier, CEO, Carlsmed is the maker of the  aprevo family of spine deformity correction devices. Its novel digital + surgical solution creates optimized surgical pla...
San Diego United States Kevin Sidow Jonathan Root Mike Cordonnier Phil Young

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