International Air Transport Association (IATA) chief executive Alexandre de Juniac says recent airline collapses highlight the fragile nature of the aviation industry. High-profile operators who have ceased operations over the past 12 months have included Germany’s Germania, Icelandic airline Wow Air in March and India’s Jet Airways in April. And September was a particularly brutal
IATA director general Alexandre de Juniac says the industry has to be guided by three core principles to continue delivering the benefits of aviation.
Air travel is continuing to become more efficient and more widely accessible, according to a report from the International Air Transport Association (IATA).
Air freight volumes fell for an eighth consecutive month in June amid business uncertainty and ongoing trade tensions between China and the US, IATA says.
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.
