Tag: IATA

IATA Confirms: Global Passenger Traffic to Recover Only in 2024

Reading Time: < 1 minute As the recent trends indicate, recovery of aviation would be more troublesome and would take longer than had been expected. The fears have been also confirmed by the International Air Transport Association (IATA). Following the slower-than-expected recovery in June, 2020, when measures in RPK, fell 86.5% compared to the year-ago period (slightly improved from a […]

IATA: Asia-Pacific Airlines to Suffer the Hardest Crisis Hit

Reading Time: < 1 minute Airlines in the Asia-Pacific region were the first to face the challenges imposed by the coronavirus. The region was the first to paralyze its air connectivity and the first to get isolated from the rest of the globe. At the same time, before the crisis hit, carriers in the Asia-Pacific market were predicted to experience […]

IATA Proposes Extending the Ease of 80/20 Airport Slot Rule

Reading Time: < 1 minute Monitoring the market and responding to the circumstances, IATA is putting forward the proposal to extend the waiver from the 80-20 use-it-or-lose-it rule in the Worldwide Airport Slot Guidelines.  In the European Union, for example, slots are managed by the a so-called ‘use it or lose it’ rule which requires an air operator to keep […]

The Great Unknown: How Soon Will You Return to Travelling?

Reading Time: < 1 minute Although step by step aviation is resuming operations, still there are too many unknown aspects and hypothetical assumptions. The summer season is usually the most busy for airlines, meanwhile winter is the hard season to stay profitable. On the regular basis. This year we deal with a very slow entrance into the peak season. According […]

IATA: 2020 to Become the Worst Year in the History of Aviation

Reading Time: < 1 minute The crisis provoked by the coronavirus pandemic is still making grave impacts on the entire world, and on aviation in particular. The year of 2020 has already come into history as a year of extreme challenges. According to the International Air Transport Association (IATA), airlines are expected to lose $84.3 billion in 2020 for a […]

IATA Reports Some Positive Signs of Demand Recovery

Reading Time: < 1 minute After a period of news about deteriorating demand for air travel, a flash of some positive statistics has been reported by the International Air Transport Association (IATA). After hitting bottom in April (the biggest decline in the history of IATA’s traffic series, which dates back to 1990), daily flight totals rose 30% between the low […]

Rising Airline Industry’s Debt: Threat of Possible Failures

Reading Time: < 1 minute Financial aid and support to airlines is currently vitally important for the airlines, and the industry, to begin recovering after the pandemic. Airlines have received over $120 billion in financial assistance from governments.  Nevertheless, there are two sides of the same coin. With a financial help also grows the airline industry’s global debt. According to […]

Empty ‘Middle Seat’ to Enhance Safety on Board: Yes or No?

Reading Time: 2 minutes Enhanced safety measures after air travel resumes are critically important to bring as many passengers back to safe flying as possible. To regain trust in safe air travel. A lot of airlines, including Air France, KLM, Lufthansa, have already made it mandatory to wear face coverings for both passengers and crew while being on board. […]

Quick Look Through 2019 Safety Report Released by IATA

Reading Time: < 1 minute The International Air Transport Association (IATA) has finally released the 2019 Safety Report looking into aircraft accidents and the number of fatalities during the last year. In total, in 2019 there were 53 accidents resulting in 1.13 accident rate or 1 accident every 884,000 flights. Eight accidents out of 53 were deadly ones involving 4 […]

Airlines May Burn Through $61 Billion Cash Reserves in Q2

Reading Time: < 1 minute The International Air Transport Association (IATA) is further estimating the losses global airlines will suffer due to grave impact of the coronavirus on air travel. According to the recent analysis, airlines may collectively burn through $61 billion of their cash reserves during the second quarter of 2020, where quarterly net loss could result in $39 […]