Air travel is continuing to become more efficient and more widely accessible, according to a report from the International Air Transport Association (IATA).
Domestic air transport demand in Australia has stagnated amidst rising concerns about the country’s economic outlook, new figures from IATA show.
Final figures confirm the profitability of the world’s airlines in the first quarter of 2019 was down by nearly a half compared with a year earlier.
While demand for air travel rose in May, there are signs the aviation industry faces difficult times ahead, figures from IATA show.
A detailed initial preliminary report by Russia's Interstate Aviation Committee (MAK) has revealed key information about the final minutes of the ill-fated Sukhoi Superjet 100, Aeroflot flight SU1492, that crashed and burned at Moscow's Sheremetyevo Airport on May 5.
Airlines are collectively expected to post a decline in profit for the first time in three years in 2019 as trade tensions, rising fuel prices and a slumping cargo markets take their toll on the bottom line. The International Air Transport Association (IATA) said on Sunday it expected airlines to earn US$28 billion in net