Iata News
Breaking Travel News investigates: IATA chief de Juniac warns of long journey ahead
IATA director general Alexandre de Juniac has warned the global aviation sector may face a long road to recovery following the coronavirus pandemic. In his latest remarks he explains the challenges that must be overcome before carriers can return to profitability
IATA continues to warn over imminent threat to aviation sector
In a joint statement with the International Transport Workers’ Federation, the private sector body warned the economic situation facing the aviation industry remained severe.
IATA warns aviation revenue could fall US$314bn
The International Air Transport Association has released an updated analysis showing that the Covid-19 crisis will see airline passenger revenues drop by $314 billion in 2020. The figure represents a 55 per cent decline compared to 2019.
IATA warns 25 million jobs could be lost in aviation collapse
The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the Covid-19 crisis.
Breaking Travel News investigates: IATA chief de Juniac issues warning over future of aviation
International Air Transport Association director general, Alexandre de Juniac, has addressed the global media to raise concerns over the long-term health of the aviation sector. The picture is extraordinarily bleak. Find out more here
IATA postpones annual general meeting
The event, which was due to run alongside the World Air Transport Summit, had been scheduled to take place in Amsterdam in late June. New dates are expected to be confirmed in due course.
IATA reiterates call for government support for aviation as horizon darkens
The International Air Transport Association has reiterated its call for urgent action from European governments to provide financial relief to airlines. The latest IATA scenario for potential revenue loss by European carriers is US$76 billion.
IATA predicts huge falls in aviation revenue
Owing to the severity of travel restrictions and the expected global recession, IATA now estimates that industry passenger revenues could plummet $252 billion. The figure is 44 per cent below that for last year.
IATA: Middle East aviation faces collapse without government support
Several governments in Africa and the Middle East have already committed national aid for Covid-19 including Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Egypt, Nigeria and Mauritius.
Douglas seeks to calm nerves on Etihad future
The Abu Dhabi-based airline has cancelled dozens of flights and asked some staff to bring forward paid leave as it tackles a collapse in global travel demand.
ForwardKeys signs transformative digital partnerships
ForwardKeys has concluded agreements with the International Air Transport Association and Airlines Reporting Corporation to include their global ticketing data in its portfolio of products and services.
IATA counts cost of coronavirus, looks to government support
IATA now sees 2020 global revenue losses for the passenger business of between $63 billion and $113 billion, depending on the continued spread of the virus.