Several sources have confirmed to us that a meeting between Boeing and the Joint International Technical Review Committee last week went so poorly that committee members asked Boeing to stop their presentation after only a half dozen or so slides. …
US/China trade tensions, weaking worldwide trade and higher (fuel) costs will eat into airlines’ profits in 2019, reducing them to $28 billion from $35.5 billion forecasted last December, the world’s airlines’ expect. The latest outlook has been announced on June…
Airline profits have been further squeezed during Q3 2018 and their outlook is very uncertain for the next months, IATA’s December financial monitor as well as UK consultants IBA January survey show. Both were released late last week. For 2019 IBA is pessimistic…
IATA has published its latest 20 year aviation forecast, and projects that China will overtake the US in terms of passenger traffic by 2022. The following graphic shows the top 10 markets in 2016 and 2036. It is clear that…
IATA released data showing that this year airlines across the world connected a record number of cities, with unique city-pair connections exceeding 20,000 for the first time. The annual percentage increase in the number of city pairs served was the…
IATA reports that airline traffic is growing again. Take a look at the table below. IATA noted: “…June showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 7.8% compared to the year-ago period. This was in…