For two days, Istanbul has been the center of the airline community during the 79th Annual General Meeting of IATA. As Director-General Willie Walsh said during the closing press conference, “you can see that the mood of the industry is…
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.…
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 zero…
Air travel in Europe recovered to 83 percent of 2019 levels by the end of last year or to 9.3 million flights. This is 3.1 million flights up on 2021, but still 1.9 million down on 2019, Eurocontrol says in…
Irish lessor Avolon has placed fifty Vertical Aerospace VX4 eVTOL aircraft with Gözen Holding, making it the first to enter the Turkish market for urban air mobility (UAM). Gözen plans to develop this emerging market, notably around Istanbul and its…