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The airline industry reduces climate impacts through long-term sustainability initiatives

Alaska and Delta share progress on interim metrics, aspirational goals ahead of industry net-zero goals. When Seattle-based Alaska Airlines announced a major partnership in November with canned waterto help eliminate…

The conflict in Ukraine hits the airline industry in the wing

The ease of rules related to the coronavirus pandemic had the airline industry looking to 2022 with optimism. But in the last week of February, the military conflict between Russia…

Airline industry recovery disrupted

Recovery is slowing in the airline industry – Photo: Shutter Stock Just as the airline industry has begun to recover from the coronavirus pandemic, it has been hit by geopolitical…

Standard Chartered, IATA partners with payment platform for airline industry

Global banking group Standard Chartered said on Thursday it has partnered with the International Air Transport Association (IATA) to launch a payment platform for the airline industry in…

Airline industry slowly recovering from lockdown

Figures from the Airports Company South Africa (Acsa) show that the airline industry is recovering very slowly from travel restrictions imposed by governments around the world over the past two…

Will 2022 be a better year for the airline industry?

Delays and cancellations figured in another pandemic-hit quarter for the aviation industry, but compared to the disastrous 2020, 2021 was more favorable to US airlines according to earnings estimates. Although…

IATA AGM – Latest developments in the airline industry

I attended the International Air Transport Association (IATA) Annual General Meeting in Boston on October 4th. Throughout the meeting, I learned about the latest developments and emerging trends in the…

Airline industry targets zero net carbon emissions by 2050

The airline industry’s leading lobby group has adopted a goal of eliminating carbon emissions on a net basis by 2050, a goal that will require balancing the fight against climate…

Airline Industry Passed Worst Point of Covid Crisis, Says Trade Body | Airline industry

The International Air Transport Association (Iata) said the airline industry is now on top of the worst of the Covid pandemic, but urged governments to simplify travel rules and open…

Global Airline Industry Records $ 201 Billion In COVID-Related Losses | Aviation News

Airlines’ losses from the coronavirus pandemic are expected to exceed $ 200 billion as travel restrictions weigh on business and long-haul demand through 2022, according to the industry’s main lobby.…

IATA urges South Africa to support airline industry

The International Air Transport Association (IATA) has called on the South African government to support the airline industry. The aim is to help other industries such as travel and tourism…

transatlantic conquest goal of new low-cost airline Norse | Airline industry

The Viking-inspired branding chosen by Norse Atlantic Airways clarifies its intentions: the new low-cost long-haul carrier wants to conquer like its Scandinavian ancestors, but this time by air rather than…

Emirates spearheads airline industry attack on credit card fees

Emirates is leading a charge by airlines to evade high payment processing fees levied by the credit card industry, after the carrier became the first to adopt a competing system…

ATW unveils 2021 airline industry award

WASHINGTON, June 17, 2021 (GLOBE NEWSWIRE) – Aviation Week Network’s Air transport world (ATW), the leading media brand serving the information needs of the global airline and commercial air transport…

Airbus: the airline industry has lost 25 years of growth

The airline industry has lost 25 years of growth due to the impact of the COVID pandemic according to the world’s largest supplier of commercial aircraft. Yesterday, Airbus detailed the…

Airline industry sees long-term rebound for the sector

After weathering the financial turmoil of the Covid pandemic, the airline industry expects passenger traffic to take off despite concerns about the industry’s impact on climate change. In its latest…

Airline industry suffers cyber attack | Philstar.com

The International Air Transport Association expects the total number of air passengers in 2021 to be 52% lower than in 2019, as pandemic restrictions continue to hamper travel. It is…

Pilot’s mental health warning as planes return to the sky | Airline industry

Airlines are neglecting the mental health and well-being of pilots and other aviation workers in their struggle to get planes flying again, researchers say. Many aviation workers have suffered from…

A small airline industry looms on the horizon, post-pandemic

The Covid-19 pandemic has devastated the global aviation industry which brings people together, provides 35% of global trade by value, promotes commerce and makes the world a smaller and more…

IATA’s Walsh Says Airline Industry Will Be Smaller After Crisis

Willie Walsh, head of the International Air Transport Association (IATA), attends a meeting in Brussels, Belgium, March 3, 2020. REUTERS / Johanna Geron / File Photo Register now for FREE…

Crippled airline industry to get $25 billion bailout, part of it in loans

WASHINGTON — The Trump administration has reached a tentative agreement with major airlines on terms for a $25 billion bailout to prop up an industry hobbled by the coronavirus pandemic.…

Pakistan’s airline industry: is its destiny finally destined to change?

Air travel is generally more expensive than the train or bus for domestic travel around the world. However, this does not legitimize what Pakistani travelers are charged for intercity journeys…

Airline industry alarmed as vaccine-led recovery hopes plummet

Johan Lundgren wasted no time drafting a letter of complaint when a UK government minister recently warned it was too early to even think about booking a summer break. The…

Airline industry still in the red, losing $300,000 per minute: Association

The airline industry will burn $77 billion in cash (nearly $13 billion per month or $300,000 per minute) in the second half of 2020 despite resuming operations after most countries…

Airline industry could halve ‘to survive,’ says United Airlines chairman

“The harsh reality of what we are facing is dire,” Munoz said in an exclusive interview. “This industry has been through hell many times,” said Munoz, who suffered a heart…

How Top Aviation Leaders See the Future of the Airline Industry

At the end of April, a virtual event called FlightPlan took place, during which the future of aviation was discussed by more than 50 contributors, including aerospace and airline leaders…

Airline industry prepares for major threat from coronavirus turmoil | Air industry

The airline industry often finds itself on the front line when a global disaster strikes. The September 11 attacks, the Sars epidemic and the credit crisis have all posed a…

Warburg Pincus sells airline company Accelya to Vista

LONDON (Reuters) – US buyout fund Warburg Pincus said on Monday it had reached an agreement to sell its European air services company Accelya to rival Vista Equity Partners for…