Blocked funds in the aviation industry have rose by 47% from $1.5 billion in April 2022 to $2.27 billion in April 2023, according to the latest figures released by the International Air Transport Asso...
The International Air Transport Association (IATA) has unveiled a series of roadmaps aimed at providing step-by-step detailing of critical actions and dependencies for aviation to achieve net zero car...
The airline industry is expected to record a net profit of $9.8 billion with rising passenger traffic and revival of the local economies. International Air Transport Association (IATA) announced an ex...
Mehmet T. Nane, Chairperson of the Board of Pegasus Airlines, completed his one-year term of office and handed over the role of Chair of the IATA Board of Governors to Yvonne Manzi Makolo, CEO of Rwan...
Riyadh Air secured the RX designator code from the International Air Transport Association. The announcement was by Tony Douglas, CEO, Riyadh Air at the IATA 79 annual general meeting in Istanbul. “W...
The global passenger traffic in April 2023, measured in revenue passenger kilometers or RPKs rose to 45.8% compared to April 2022. The travel demand continued its trend of strong recovery as per the l...
Global air cargo demand as measured in cargo tonne-kilometers (CTKs) fell by 6.6% over April, an improvement on the 7.6% decline experienced in March and a 7.0% drop over April 2022, according to the ...
Madagascar Airlines is all set to join International Air Transport Association (IATA)’s Billing and Settlement Plan (BSP) by July 2023 as and when it can settle the $3.5 million liability in unflown t...
The International Air Transport Association (IATA) said the US government will make air travel pricier if it compels airlines to compensate travellers affected by flight delays and cancellations. “The...
The International Air Transport Association (IATA) recorded "strong demand growth in air travel" in March 2023, with global traffic up over 52% year-on-year among the more than 300 airlines it counts ...
Confusion around pricing and the perceived lack of a policy framework could stall the roll-out of sustainable aviation fuel (SAF) in Europe, says International Airlines Group (IAG) chief executive Lui...
With international travel at about 85% of the level seen before the coronavirus lockdowns and border closures, some in the airline industry could be forgiven for worrying that inflation pressures coul...
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