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Tag: global airline industry

IATA warns of deeper airline revenue hit from COVID-19

Chief Assignment Editor Chief Assignment Editor- March 24, 2020 16:13

The International Air Transport Association (IATA) updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry. Owing to the severity of travel restrictions ... Read More

IATA: Coronavirus could cost global airlines $30 billion in lost revenue

Chief Assignment Editor Chief Assignment Editor- February 21, 2020 18:06

Global airlines could lose almost $30 billion in revenue due to a rapid decrease in travel demand, caused by coronavirus epidemic, the International Air Transport Authority (IATA) has warned in ... Read More

IATA: Global airline industry expected to improve in 2020

Chief Assignment Editor Chief Assignment Editor- December 11, 2019 19:17

The International Air Transport Association (IATA) forecast that the global airline industry will produce a net profit of $29.3 billion in 2020, improved over a net profit of $25.9 billion ... Read More