IATA

According to the International Air Transport Association (IATA), international airfares are expected to rise due to the increasing cost of sustainable fuels, resulting in higher ticket prices. As the global population returns to pre-pandemic travel levels, the travel and tourism...

A recovery for airline companies is in the works. The industry accrued a total of $4.1 billion in July ticket sales — a 947% increase compared with the prior year’s numbers, according to Airlines Reporting Corp.  What Happened: In the U.S., domestic travel has been...

Recent airline travel in the U.S. over July 4 was more than double the levels seen in the year prior, according to TSA reports, and is approaching the pre-pandemic levels of 2019. Even as leisure travel dwarfs that of business travel, domestic travel is on the rise, according to...

The leading airline industry group is warning that mounting debt incurred by members to stay in business during the coronavirus crisis could eventually endanger their survival when the bills come due. Airlines are scrambling to borrow money from commercial banks and investors, sell securities, and...

As malls, restaurants and other beleaguered businesses hold out hope for economic revival, airlines continue to take a beating. Industry shares tumbled Monday after Warren Buffett said he sold his stakes in American Airlines Group Inc (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL), Southwest...

The International Air Transport Association now predicts the coronavirus will cause a much bigger loss in revenues for commercial airlines this year. IATA expects total revenue losses between $63 billion and $113 billion depending on the spread of the virus. The losses are much larger than the $30...

The International Air Transport Association (IATA) announced Tuesday that it is postponing its World Cargo Symposium, scheduled for March 10-12 in Istanbul because of risk from the coronavirus. The news follows the cancellation of another major freight transportation conference, IHS Markit's TPM...

FreightWaves is providing a forum – Market Voices – for a number of market experts. The International Air Transport Association (IATA) data for April continues to paint a dismal picture for the global air cargo market. Year-to-date volumes were down 4.7 percent while available capacity increased 2...

"For too long, our country has tolerated unacceptable delays and long wait times on the tarmac,” President Donald Trump said on Monday as he officially announced a plan to privatize air-traffic control. Trump’s plan notes: “America's growing aviation system demands a new...

The US Global Jets ETF (NYSE: JETS) deserves some credit. Last year, oil, the largest input cost for airlines, was one of the best-performing commodities, but the lone dedicated airline exchange-traded fund is up more than 16 percent over the past year. Airlines Fly Into Focus Airline stocks,...

Major indices continued its decline from yesterday as the Dow suffered a triple digit point loss for the second consecutive day. Positive retail sales data added to an otherwise already convincing case that the economy is strong enough for the Federal Reserve to begin tapering. The Fed's policy...

After starting the week hitting record closes yesterday, major indices slipped in today's trading session. Investors are anxiously awaiting next week's Federal Reserve meeting which it is becoming more and more apparent that tapering is set to begin sooner, rather than later. The meetings will...