Air cargo, a rare bright spot for the industry as the grounding of flights pushes freight prices higher, will likely see global revenue ris...

The call for increased support came as U.S. airlines begin furloughs of more than 32,000 workers amid fading hopes for a new federal bailou...

IATA cited slow virus containment in the United States and developing countries, and a weaker outlook for corporate travel are the reasons ...

"The industry is seeing a rebound from the depths of the shutdowns in April, but the bad new is that any increase "is barely visible," IATA...

Domestic passenger traffic rose 30% globally in May from a very low base in April, when much of the industry was brought to a near-standsti...

"Covid's effects on air travel are certainly going to last a number of years with no quick rebound to 2019 levels," the global airline body...

“Revenue loss of $250 bn in 2020 over 2019… which is a 44% decline over 2019… Before any recovery takes place, airlines may run out of cash...

“There are a large number of fixed cost that airlines have to pay, whether they operate flights or not. In the beginning of this year, abou...

The outbreak, which has infected over 95,000 people and resulted in more than 3,200 deaths worlwide, is taking a toll on the global airline...

International Air Transport Association (IATA) chief economist Brian Pearce said that the problem of capacity is set increase in calendar y...

India is the fastest growing domestic aviation market in the world, IATA's Chief Economist Brian Pearce said.

"The lesson from the UK privatisation has been the efficiency gain that came before the government privatised," said IATA chief economist B...

The aviation industry remains "highly constrained" by high taxes and regulations though the sector is set to contribute a whopping $ 116 bi...

The total global tax revenue generated was almost half of the gross value added by the industry paid to govts in payroll, social security, ...

Earning revenue from non-ticket or ancillary sources, a strategy adopted by global peers seem to be the only recourse to turn profitable.

The International Air Transport Association said Indian carriers could expect a drop in demand for air travel, particularly after the Mumba...

With jet fuel prices on an upward spiral globally, a top aviation expert and an industry leader on Tuesday said consolidation or restructur...