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IATA FINANCIAL OUTLOOK
Airline chiefs grapple with fuel shock, fare test at Rio summitGlobal airline leaders gather in Rio de Janeiro facing a tough recovery test. The Iran war is increasing fuel costs and disrupting flight p...- Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
- Apple will earn more selling iPhone cover than airlines transporting passenger: IATA chiefApple earns more from an iPhone cover than airlines will make per passenger next year, IATA chief Willie Walsh said, underscoring how thin ...
- Global airline industry to post record $41 billion profit in 2026: IATAAviation's record profit of $41 billion is anticipated by 2026, driven by robust passenger demand, particularly from India and China. Despi...
- IATA to hold AGM in India after 42 years; PM to address delegates on June 2Global aviation leaders are set to convene in New Delhi from June 1-3 for IATA's Annual General Meeting and World Air Transport Summit, mar...
- Air passenger numbers to top five billion in 2025: IATAThe International Air Transport Association (IATA) projects over five billion air passengers in 2025, marking a historic milestone. Industr...
- Each passenger carried expected to contribute on average $1.1 to airline industry's net profit: IATA chiefThe global airline industry is projected to report a lower loss of USD 6.9 billion in 2022 and post a small net profit of USD 4.7 billion n...
- Airlines face another bleak year as outlook worsensThe industry is expected to register net post-tax losses of $47.7 billion (39.7 billion euros) in 2021, greater than the $38 billion foreca...
- Challenging outlook for airlines despite vaccine progress: IATAWhile the industry saw some modest improvement in bookings after the vaccine announcement news in the fourth quarter of 2020, the trend was...
- Airlines need another $80 billion in aid to survive: IATAWhile vaccine breakthroughs offer hope, a return to mass travel remains many months away, airlines say. Some will struggle to make it throu...
- Airline revenues to nosedive by 55% in 2020: IATA"The industry's outlook grows darker by the day," IATA chief executive Alexandre de Juniac said .
- Global airline industry's profit to touch $39.4 billion this yearAccording to IATA, the outlook is based on oil averaging $45/barrel (Brent) over the course of the year which is significantly lower than t...
- IATA hikes 2016 profit forecast for global airlinesThe International Air Transport Association (IATA) has revised its 2016 financial outlook for global air transport industry profits upwards...
- Domestic air passenger traffic up by 13% in SeptemberAt the same time, global travel demand rose by 7.8% in Sept compared to the same period of 2014 with all markets except Brazil logging grow...
- IATA urges government not to single out aviation industry in terms of 'tax and regulations'In spite of low earning per passenger, IATA upgraded its global outlook for the airline industry to $12.7-billion profit in 2013 on revenue...
- High oil prices and Eurozone crisis, key topics at World Air Transport SummitHigh oil prices and European debt crisis hitting the financial bottomline would be the major focus of debate at the World Air Transport Sum...
- India records 2nd highest domestic air traffic growth in FebruaryIndia experienced the second strongest domestic air traffic growth in the world after Brazil, but the high growth hid the financial weaknes...
- Airlines doing well but markets paint a gloomy picture: IATAProfitability of airlines across the world reflected a "reasonable" performance, but the picture was gloomy for them in share markets, IATA...
- Union Budget 2011: IATA opposes new taxes on air travelAs Indian carriers protest the proposed hike in service tax on air travel, global airlines body IATA has said such taxes would compromise t...
- Airline losses to halve to $5.6 b in 2010, says IATAThe global airline industry is expected to halve its net losses to $5.6 billion in 2010 from $11 billion this year.
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