Air Arabia reported a strong net profit of AED 355 million in Q1 2025, marking a 34 per cent year-on-year increase. The carrier posted AED 1.75 billion in revenue and flew 4.9 million passengers, as it continued expanding its network and fleet while maintaining a high seat load factor of 84
Kabul [Afghanistan], September 30 (ANI): Post-Taliban takeover of Afghanistan, its airspace revenue has dropped and the airline industry is struggling.
Geneva [Switzerland], August 19 (ANI): The International Air Transport Association (IATA) on Thursday urged governments to abide by international agreements and treaty obligations to enable airlines to repatriate close to nearly one billion dollars in blocked funds from the sale of tickets,
Montreal [Canada], April 25 (ANI): Compared to business-as-usual, international air passenger totals could drop by as many as 1.2 billion travellers by September 2020, according to the latest projections from International Civil Aviation Organisation (ICAO).
Geneva [Switzerland], April 24 (ANI): The potential revenue loss by European carriers in 2020 has grown to 89 billion dollars and passenger demand measured in revenue passenger kilometres) is projected to be 55 per cent below 2019 levels, according to the International Air Transport Associat
Geneva [Switzerland], April 15 (ANI): Airline passenger revenue is set to plunge by USD 314 billion in 2020, which is a decline of 55 per cent from 2019 due to coronavirus as per the updated analysis released by the International Air Transport Association (IATA).