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Global airlines brace for bankruptcies as government support comes to a close

Global airlines have joined together to warn of potential bankruptcies in the industry as government aid programs come to a close, and call for additional support. According to the International Air Transport Association (IATA), which represents around 300 airlines around the world,  the airline industry is set to burn through another $77 billion collectively throughout

Airlines to prepare for ‘8,000 jumbo jet’ vaccine effort

Airlines are already preparing for the “largest transport challenge ever” – shipping a future COVID-19 vaccine to populations all around the world – according to the IATA. The International Air Transport Association (IATA) has said that the equivalent of 8,000 Boeing 747 jumbo jets will be required to quickly transport enough future COVID-19 vaccines to

Global cargo demand slow to improve: IATA

The International Air Transport Association (IATA) has released its data for global air freight markets, which suggests a slight improvement in cargo demand, albeit at a slower pace than was expected. In each case, global demand for cargo largely improved in June when compared with May, however overall figures are well below that of June

Airlines revise COVID recovery expectations

The International Air Transport Association (IATA), representing almost 300 airlines around the globe, has extended its forecast for international passenger traffic to return to pre-crisis levels by one year, to 2024. While providing an update on how the global COVID-19 pandemic continues to make itself felt within the international aviation sector, the IATA cited poor

IATA renews push for international governments to save aviation

The international association has renewed its call on governments to assist airlines through the COVID-19 induced downturn, by “no later than” 31 July.

‘A hard winter’ ahead for airlines: IATA

The IATA also renewed its call on governments around the globe to continue providing relief measures to aviation services


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