The global airline industry is expected to generate $9.8 billion in net profits this year, the International Air Transport Association (IATA) said on Monday in its latest outlook. This is more than double that of the December guidance of $4.7 billion. The operating...
During its Annual General Meeting in Istanbul, the International Air Transport Association (IATA) unveiled a series of roadmaps that should provide that step-by-step detail of all critical actions and dependencies that are required if aviation wants to achieve net...
International airlines lobby IATA this week unveiled its “Focus Africa” initiative, hoping that the aftershocks of the Covid-19 pandemic on the industry, will get a more receptive African audience to rally around a strategy it is counting on to unstick the continent’s...
Global passenger traffic has recovered in 2022 to 68.5 percent of pre-pandemic levels, up from 41.7 percent in 2021. Domestic travel is back to 79.6 percent from 68.7 percent in the previous year. International revenue passenger kilometers (RPK) recovered by 152.7...
UPDATE Jan 5 – IATA is “extremely disappointed” that individual countries have introduced Covid tests for passengers arriving from China. The airline’s lobby group Director General, Willie Walsh, says this is a “knee-jerk reinstatement of measures that have...
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