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This was 12% increase in Booking vs. prior year. Revenue was 426 Million, 15% increase YoY, EBITDA 118 Million, 8% increase vs. prior year and Net Income was 20 Million, 50% increase YoY. [26] In FY 2015 (ended in March 2016), eDreams had gross bookings of over €4.5 billion with nearly 10.7 million online purchases. [25]
With flight bookings dropping to essentially zero, [41] in April 2020, Traveloka laid off 100 staff members [40] and over the next half year, refunded around 150,000 flight tickets equating to $100 million. [42] In response, the company began adding features such as its "Buy Now, Stay Later" feature [30] to allow for flexible booking. [41]
Analyses by multiple firms project year end GDP contraction of at least 5% and inflation of 15%. [10] Some of the most critical blows to Russian infrastructure have been the loss of access to the SWIFT payment system and limitations on Russia's ability to export oil. [ 11 ]
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