This morning, IATA announced that, in its data for May 2026, global passenger demand: Total demand, measured in revenue passenger kilometers (RPK), was down 2.2% compared to May 2025. Excluding the Middle East, demand grew by 0.7%. Total capacity, measured…
RIO DE JANEIRO — The global aviation industry faces a sharp financial reversal in 2026, with net profits projected to halve compared to last year. Driven by a 70% year-on-year spike in jet fuel prices and severe operational disruptions from…
Rafael Schwarzman, IATA Regional Vice President for Europe, announced at the IATA Annual General Meeting (AGM) in Rio de Janeiro that jet fuel surged past 40% of total airline operating expenses (OpEx). This cost escalation, combined with a marginal 0.8%…
IATA passenger traffic figures for April make clear the impact of the war in the Middle East and Iran on the industry. On average, demand fell by 3.4 per cent year-over-year, with the biggest drop in the region most affected:…
A high-altitude battle is unfolding over the future of the Aeropuerto Internacional El Dorado (BOG), Latin America’s second-busiest aviation hub. At the center of the storm is a controversial proposal by Colombia’s Civil Aviation Authority (Aerocivil) to overhaul the system…
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