June 21, 2022 7:14 am
Airlines expected to narrow losses in 2022 and may make a profit next year as air travel recovers, IATA said. Walsh said he was "not concerned" about the current demand and supply environment. Walsh said confused government policies had worsened disruption seen particularly in Europe as flying restarted.
April 24, 2022 2:47 pm
India has been raising with China the plight of approximately 22,000 Indian students enrolled in Chinese universities who are unable to go back for physical classes. However, the neighbouring country has till date refused to let them enter.
December 30, 2021 1:40 pm
With international and domestic routes reopening, airlines are offering a range of special deals on airfares, but don't expect the cheap fares to last. Here's why.
March 05, 2020 4:29 pm
The last time the industry faced a revenue shock of this magnitude was in 2009 during the global financial crisis, IATA Chief Economist Brian Pearce said at a media briefing in Singapore.
June 26, 2019 5:37 pm
The meeting, organized by industry trade group the International Air Transport Association (IATA), comes as airlines grapple with the financial impact of a global grounding of nearly 400 737 MAX jets that has lasted three months.
June 02, 2019 10:18 pm
Brian Pearce, Chief Economist at the International Air Transport Association (IATA), Sunday said the negative growth in the Indian market was temporary and that the market would expand as Indians want to travel more.
June 01, 2018 11:21 am
The annual meeting of the International Air Transport Association (IATA), with 130 CEOs and 1,000 delegates, will kick off on Sunday, and worries that a three-year run of unusually high returns might end are in the spotlight.
February 06, 2018 1:32 pm
According to IATA, the growth was driven “mainly by the comparatively strong rates of economic expansion seen in each country” along with the stimulus provided through additional airport pairs that were being offered.
March 09, 2015 5:25 pm
The number of deaths in jetliner disasters spiked last year despite there being fewer accidents in total, says international
December 30, 2013 1:41 am
High taxes on jet fuel,which goes up as high as 40 per cent in some states.