While demand for air travel rose in May, there are signs the aviation industry faces difficult times ahead, figures from IATA show.
IATA has reiterated calls for regulators to collaborate and work towards the same timeline when certifying the return to service of the Boeing 737 MAX.
Cathay Pacific has warned of "tremendous pressure" on yields amid strong competition, slowing demand for air travel and a difficult cargo market.
IATA has criticised Airways New Zealand for hiking air navigation service charges by 21.4 per cent over the next three years.
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
The Federal Aviation Administration (FAA) says there is no timetable for certifying the Boeing 737 MAX for a return to service.
