June 12, 2020 12:43 am ET
May 14, 2020 9:00 am ET -
IATA Expects Passenger Levels to Recover by 2024 at Latest
The International Air Transport Association (IATA) forecasts that the social and economic immobility caused by COVID-19, plunging passenger levels across the world, will take longer to recover than what was originally expected. During its weekly update meeting held today, IATA…
May 13, 2020 12:20 am ET -
Qatar Airways Plans to Reduce Fleet by 25 Percent
Air travel has been greatly impacted by the coronavirus pandemic and aircraft are gradually becoming airborne again after months of hiatus and uncertainty caused by the COVID-19 crisis. Qatar Airways CEO Akbar Al Baker may share the same idea but…
April 25, 2020 4:40 am ET -
IATA: More Clarity on Government Relief Measures Amid COVID-19 in…
International Air Transport Association (IATA) has renewed its call to nations in the continent to step up their efforts towards aviation relief for airlines to aid in the survival of the industry, even as COVID-19 impacts continue to consume the…
April 24, 2020 3:01 am ET -
IATA Predicts European Airline Revenue Losses of $89 Billion
The International Air Transport Association (IATA) has predicted that European airlines will see demand drop by 55 percent in 2020 compared to 2019 and potential revenue losses will total $89 billion. The association revised its loss prediction of $76 billion…
April 9, 2020 9:00 am ET -
IATA Warns COVID-19 Threatens 25 Million Jobs Worldwide
The International Airlines Transport Association (IATA) has warned stakeholders that the Coronavirus crisis threatens 25 million direct and indirect jobs surrounding the airline industry worldwide; as governments across the world have restricted movement and even called for the suspension of…