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Airline Profitability Outlook Strengthens

Airline Profitability Outlook Strengthens

The International Air Transport Association (IATA) announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. Highlights include:

Willie Walsh Report on the Air Transport Industry

Willie Walsh Report on the Air Transport Industry

Airlines are en route to a profitable, safe, efficient, and sustainable future.The pandemic years are behind us, and borders are open as normal. Despite economic uncertainties, people are flying to reconnect, explore, and do business.

IATA Releases Strategic Roadmaps to Showcase Critical Steps to Reach Net Zero by 2050

IATA Releases Strategic Roadmaps to Showcase Critical Steps to Reach Net Zero by 2050

The International Air Transport Association (IATA) unveiled a series of roadmaps aimed at providing step-by-step detailing of critical actions and dependencies for aviation to achieve net zero carbon emissions by 2050. These roadmaps address aircraft technology, energy infrastructure, operations, finance, and policy considerations leading to net zero.

Unruly Passenger Incidents in Post-Pandemic Increase

Unruly Passenger Incidents in Post-Pandemic Increase

The International Air Transport Association (IATA) released a new analysis showing that reported unruly passenger incidents increased in 2022 compared to 2021. IATA called for more states to take the necessary authority to prosecute passengers under Montreal Protocol 2014 (MP14).

Blocked Airline Funds Threaten Connectivity

Blocked Airline Funds Threaten Connectivity

The International Air Transport Association (IATA) warned that rapidly rising levels of blocked funds are a threat to airline connectivity in the affected markets. The industry’s blocked funds have increased by 47% to $2.27 billion in April 2023 from $1.55 billion in April 2022.

UNWTO COMMISSION FOR EUROPE MEETS IN SOFIA

UNWTO COMMISSION FOR EUROPE MEETS IN SOFIA

European tourism leaders have met to advance shared plans for the sector’s future. The 68th meeting of the UNWTO Regional Commission for Europe (31 May – 2 June, Sofia, Bulgaria), assessed the current state of tourism in the region while also recognizing the vital importance of education, jobs and investments for a more inclusive and sustainable future.

Garden Exposition Unveils in N. China's Cangzhou City

Garden Exposition Unveils in N. China's Cangzhou City

The 6th (Cangzhou) Garden Exposition of Hebei Province kicked off on May 26 in Cangzhou, China's northern city that thrives on canal. A total 19 activities in five categories, including academic exchanges, gardening, skill competitions and cultural exhibitions will be presented until the end of August, according to Cangzhou municipal government.