Tag: IATA

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 […]

EU Suspends 80/20 Airport Slot Use Rule until End of October

Reading Time: < 1 minute The European Union has taken a bold step to help airlines and mitigate the damage to the airlines created by the coronavirus. The EU has suspended the 80/20 airport slot use rule until the end of the summer season. This move secures airlines with full flexibility in arranging their schedules and allows them to avoid […]

IATA Estimates This Gravest Crisis Could Cost Aviation $252 Billion

Reading Time: < 1 minute On 5 March, 2020, the International Air Transport Association (IATA) projected that the crisis caused by the coronavirus will cost the industry a $113 billion revenue loss. On 24 March, 2020, the updated analysis revealed new numbers: $252 billion hit or 44% below 2019’s figure. The initial forecast was made in light of some travel […]

IATA: Air Cargo Must Not Be Restrained by Governments

Reading Time: 2 minutes While more and more countries are closing their borders in an attempt to reduce the spread of the coronavirus pandemic, air cargo must not be forgot and its activity must not be restrained by governments, IATA says. Even in light of massive reductions in passenger flights, which currently reach up to 75%, air cargo has […]

Game of Slots: Why Are Airlines Operating ‘Ghost Flights’?

Reading Time: 2 minutes In light of sharp decrease in air travel demand, recently the sky has been full of empty or nearly empty aircraft still operating on their routes. These flights are also referred to as ‘ghost flights’. What do you know about this phenomenon? As the name ‘ghost flight’ suggests itself, these are the flights without passengers […]