Blocked airline funds have surged 25 percent ($394 million) to $2 billion in the past six months, adding to the operational headache for carriers in 27 markets. The numbers, released today on the sidelines of the International Air Transport Association’s…
The airline industry is expected to return to profitability again in 2023. Without unforeseen events, the world’s airlines will generate a profit of $4.7 billion, but IATA Director General refers to this profit level as ‘razor thin’, he said on December…
UPDATE – Ahead of Monday’s meeting of the European Transport ministers in Brussels, lobby organization Airlines 4 Europe (A4E) and IATA are pushing member states to make clear decisions on the industry’s sustainability and environmental targets. This includes sustainable aviation fuels…
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Nigeria, Zimbabwe clear bulk of blocked airline funds
Will Kamil Al Awadhi's “Marshall” plan for African aviation fly?