The International Air Transport Association (IATA) has unveiled a new tool to help airlines better avoid turbulence.
The International Air Transport Association estimates airlines are expected to collectively post a US$35.5 billion profit for calendar 2018.
International Air Transport Association (IATA) director general Alexandre de Juniac says regulators and airport operators need to move quicker to keep pace with the expected growth in passenger traffic.
The International Air Transport Association (IATA) has lowered its profit forecasts for the airline industry for 2018 amid rising fuel prices and higher costs. Airlines around the world are expected to collectively post a US$33.8 billion profit in calendar 2018, IATA director general and chief executive Alexandre de Juniac told delegates in his opening address
While the mood among the chief executives is likely to be upbeat as they prepare to gather in Sydney for the International Air Transport Association (IATA) annual general meeting next week, that enthusiasm is being tempered by the rise in global oil prices that threatens to crimp profitability in the year ahead. That’s the view