Search For "global air transport"
Cash-strapped Pakistan struggling to pay international airlines
Updated : 3 years ago IST
The IATA, which represents some 300 airlines comprising 83 per cent of global air traffic, said USD 290 million were stuck in Pakistan as of January, which increased by almost a third since December.
Read More
Airline industry statistics confirm 2020 was worst year on record
Updated : 4 years, 7 months ago IST
Montreal [Canada], August 4 (ANI): The International Air Transport Association (IATA) has released the World Air Transport Statistics (WATS) publication with performance figures for 2020 demonstrating the devastating effects on global air transport during that year of Covid-19 crisis.
Read More
Airlines expected to lose USD 84.3 billion in 2020: IATA
Updated : 5 years, 9 months ago IST
Geneva [Switzerland], June 10 (ANI): The International Air Transport Association (IATA) has released its financial outlook for the global air transport industry showing that "airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1 per cent".
Read More
ACI, IATA call for urgent financial assistance to protect jobs and operati
Updated : 5 years, 10 months ago IST
Montreal [Canada], May 1 (ANI): The Airports Council International (ACI) and the International Air Transport Association (IATA) have come together to call for governments to quickly grant financial relief to assist airport operators and airlines during the unprecedented COVID-19 crisis and s
Read More
Government, industry collaboration critical for global air travel recovery
Updated : 5 years, 11 months ago IST
Kuala Lumpur [Malaysia], April 27 (ANI): The global air transport industry is actively engaging with governments and regulatory authorities besides public health and medical experts to discuss measures needed to restore public confidence in the safety of air travel and develop comprehensive
Read More
Airlines may suffer $252 billion revenue loss due to COVID-19
Updated : 6 years ago IST
Geneva [Switzerland], Mar 25 (ANI): The International Air Transport Association (IATA) has updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry.
Read More
IndiGo quarterly earnings to be materially impacted as COVID-19 spreads
Updated : 6 years ago IST
Gurugram (Haryana) [India], Mar 12 (ANI): Low-cost airline IndiGo said on Thursday its quarterly earnings will take a hit as daily bookings decline by 15 to 20 per cent with coronavirus spreading across the world.
Read More
IATA updates Covid-19 financial impact, says relief measures needed
Updated : 6 years ago IST
Singapore, Mar 5 (ANI): The International Air Transport Association (IATA) on Thursday updated its analysis of the financial impact of novel coronavirus (COVID-19) public health emergency on the global air transport industry.
Read More
Rising trade conflicts, high fuel prices to impact global aviation industr
Updated : 6 years, 9 months ago IST
Seoul [South Korea], June 2 (ANI): The International Air Transport Association (IATA) on Sunday downgraded its 2019 outlook for the global air transport industry to a 28 billion dollar profit from 35.5 billion dollars forecast in December 2018.
Read More