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".
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
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
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.
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.
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.
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.