Geneva [Switzerland], April 3 (ANI): Passenger traffic data for February released by the International Air Transport Association (IATA) shows that demand (measured in total revenue passenger kilometres or RPKs) fell 14.1 per cent compared to February 2019.
Geneva [Switzerland], Apr 2 (ANI): The International Air Transport Association (IATA) has released February data for global air freight markets showing that demand measured in cargo tonne kilometres (CTKs) decreased by 1.4 per cent compared to the same period in 2019.
Washington D.C. [USA], Mar 31 (ANI): East Asia and the Pacific could see up to 11 million people driven into poverty, with low wage and informal sector workers becoming the most vulnerable, the World Bank has warned in a report on the economic impact as experts predict dire economic fallout
Kuala Lumpur [Malaysia], Mar 26 (ANI): International air passenger demand plunged in February with deepening public anxiety about the COVID-19 pandemic and abrupt imposition of travel restrictions across the world causing widespread disruptions to airline operations, preliminary traffic figu
New Delhi [India], Mar 19 (ANI): The Central government on Thursday announced that no scheduled international commercial passenger flights will be allowed to land in India from March 22 for one week in view of coronavirus pandemic.
New Delhi [India], Mar 19 (ANI): In view of coronavirus outbreak, air carrier SpiceJet on Thursday announced to suspend the majority of its international operations from March 21 till April 30.
Kuala Lumpur [Malaysia], Mar 19 (ANI): Asian airlines are facing revenue shortfalls of over 60 billion dollars this year as a result of sharp falls in demand which have already forced grounding of over half the fleet, the Association of Asia Pacific Airlines (AAPA) said on Thursday.
Mumbai (Maharashtra) [India], Mar 18 (ANI): A total of six out of top eight Indian cities feature in the top 10 markets of Asia Pacific region in terms of annual leasing transaction volumes, according to Knight Frank.
Singapore, Mar 17 (ANI: Moody's Investors Service has revised its forecasts for most Asia Pacific economies on coronavirus implications, incorporating ongoing travel restrictions and heightened containment measures as well as the recent oil price shocks.
Kuala Lumpur [Malaysia], Mar 12 (ANI): The Association of Asia Pacific Airlines (AAPA) is urging governments to roll back or refrain from introducing travel restrictions as reports from the World Health Organisation (WHO) indicate that COVID-19 outbreak has now spread to over 100 countries.
New Delhi [India], Mar 11 (ANI): Delhi International Airport Limited (DIAL), a GMR-led consortium, on Wednesday announced that the Indira Gandhi International Airport (IGIA) has once again emerged as the best airport in over 40 million passengers per annum (MPPA) category in Asia Pacific by
Mumbai (Maharashtra) [India], Mar 6 (ANI): Despite wealth growth and record low interest rates in most advanced economies, the economic slowdown has weighed on prime property prices across the globe, according to Knight Frank's Prime International Residential Index (PIRI 100).