Middle Eastern carriers to lose $4.2 bn this year: IATA
IATA said that net profit margin for the carriers will fall by 13.8%...
Tag : IATA
IATA appoints new regional vice president for Africa and ME
by WebAdmin
IATA appointed Kamil Al Awadhi as the new vice president...
Travel restrictions leading to deteriorating outlook for airlines in 2021
IATA raised its forecast for total airline cash burn for 2021 to between $75 bn and $95 bn...
Former British Airways CEO to replace outgoing IATA chief
IATA chief Alexandre de Juniac will step down on March 31, 2021...
Global air passenger traffic dropped by 72.8% in September: IATA
Capacity was down by 63 percent compared to the previous year, and load factor dropped...
Airlines will need to cut more jobs, IATA says
Global airline revenue in 2021 will be down 46% compared to the 2019 figure of $838 bn...
Emirates, Etihad ask crew to take voluntary unpaid leave
The decision is part of the carrier’s plan to weather the Covid-19 crisis...
Air Traffic will not return to pre-Covid-19 level before 2024: IATA
Recovery in short-haul travel is still expected to happen faster than for long-haul travel...
Singapore Airlines raises $542 mn by securing its aircraft
The carrier has raised long-term loans by securing some Airbus A350-900s and Boeing 787-10s...