International Air Transport Association

Following a significant turbulence event involving a Singapore Airlines flight, Emirates’ president has shared insights on the implications for the aviation sector. What Happened: The president of Emirates has pointed to the recent Singapore Airlines turbulence event as an instructive case...

Geopolitical tensions, aircraft shortages, and environmental goals will challenge global airline leaders at the IATA summit next week. What Happened: The International Air Transport Association (IATA) will hold its annual meeting from June 2-4 in Dubai, Reuters reported on Friday. The summit will...

The air cargo industry has officially recovered from the depths of the pandemic, with volumes in January 1.1% above the 2019 level. The bad news, according to the International Air Transport Association, is that freight capacity lost ground for the first time since April, dropping 5% on a monthly...

Air cargo is the cash cow for many passenger airlines during the coronavirus pandemic, an unusual result of decimated travel demand forcing passenger networks to shut down and carriers repurposing airplanes for cargo-only service.  Other than cargo and loyalty programs, airline revenues are...

Several airlines, logistics companies and airports say they are ready to handle a COVID-19 vaccine once one is approved and shipped from factories. The pharmaceutical and life sciences business is more lucrative than general cargo because of its high value and security requirements, but it also...

It will take more than 8,000 Boeing 747 all-cargo jets to deliver a COVID-19 vaccine to 8 billion people worldwide. If more than one dose is required, the required airlift will be much greater, the International Air Transport Association says. Airline industry officials are warning that an air...

The International Air Transport Association (IATA) is frustrated that governments aren't doing more to help the airline industry survive the coronavirus pandemic. It is pleading for quick reopening of borders and assistance to help airlines maintain liquidity. International passenger demand fell...

The global airline industry will generate $314 billion less revenue this year than in 2019 because the coronavirus pandemic has decimated air travel, according to the International Air Transport Association (IATA). The figure represents a 55% drop in business that is putting airlines at risk of...

American Airlines Group, Inc. (NASDAQ: AAL) and British Airways announced Thursday they will cut passenger capacity deeper and further as the leading airline industry group published figures showing a steep drop in February traffic.  The sobering reality for airlines, which are operating at...

The latest data shows a steep decline for global airfreight demand in February and March, while prices surge because the takedown of passenger networks has created a shortage of capacity to move shipments by air. Freight volume dropped 9.1% in February, on a seasonally adjusted basis, as the...

More passenger airlines are helping fill the severe shortage in freight capacity by turning their aircraft into cargo-only airplanes to haul critical medical supplies, foodstuffs and other economically essential goods.  The rapid implosion of air travel as countries closed borders to contain the...

Good day, A Canadian distillery that makes West Virginia-inspired moonshine is helping truck drivers and other front-line workers stay safe by producing high-strength hand sanitizer.   Murphy's Law, based in Ontario, is supplying several fleets – Challenger, Seaboard Freight and Erb Trucking –...

Airlines stand to lose $252 billion if severe travel restrictions are in place for three months, more than double the International Air Transport Association's projection from earlier this month and 44% below 2019's top-line, the trade group said Tuesday. The economic analysis assumes there will...

Passenger and all-cargo airlines are welcoming the relaxation of non-safety related regulatory requirements by aviation authorities, which they say makes it easier to quickly launch flights carrying medical relief supplies or repatriated nationals stranded overseas by new coronavirus travel bans....