IATA News Page 27
IATA warns over unsustainable aviation debt
The International Air Transport Association has released its latest analysis showing the airline industry’s global debt could rise to $550 billion by year-end. That is a $120 billion increase over debt levels at the start of 2020.
No full aviation recovery until at least 2023, IATA predicts
The International Air Transport Association has released new analysis showing that the damage to air travel from Covid-19 extends into the medium-term, with long-haul and international travel being the most severely impacted.
IATA: Social distancing on planes would see prices soar
While advising the wearing of face masks on planes, IATA has said it does not support mandating social distancing measures that would leave ‘middle seats’ empty.
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World Routes headed to Milan in November
Routes’ flagship event, World Routes, has been confirmed to take place on November 14th-16th in Milan, Italy. The event will take place just before the IATA Slots Conference in Barcelona, Spain on November 17th-20th.
Mikosz appointed senior vice president with IATA
The International Air Transport Association has announced Sebastian Mikosz will join the organisation as senior vice president for member and external relations. The appointment will take effect on June 1st.
IATA warns of slow recovery in aviation sector
The International Air Transport Association has called for governments to work with the industry on confidence-boosting measures in the face of an anticipated slow recovery in demand for air travel.
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.