Tag Archives for IATA.
IATA projects a record year for airline revenue but a wafer-thin net profit margin in 2025. Here is how the industry will work out in the years ahead, as per the body that represents the airlines around the globe.
IATA has upped the guidance on the profits that the aviation industry will make in 2024, but warns that the margins are wafer thin as they stand.
IATA, the industry association for airlines around the globe, is committing to making aviation sustainable and “net-zero” of emissions by 2050. Here is how they plan to do it.
IATA predicts 2020 to be one of the gloomiest periods for aviation since World War 2, and airline profitability to nosedive to USD 118 billion losses in 2020.
Is flying safe in the times of CoVid-19? A recent research study by IATA and the three airframe manufacturers, conducted individually, reached to the same conclusion: Flying is safe. Here are the details.
IATA and the various airline organisations representing the interests of European airlines may have found a potential way to stop the upheaval of their schedules in Winter 2020 and arrived at an agreement to keep their slots till early 2021.
IATA, the global air travel body which has most airlines as members, stated in a call with journalists that they foresee the recovery of aviation by a year, given how it has been not able to jumpstart due to the coronavirus after so many months.
IATA, the industry body of airlines has predicted that aviation will see sharp losses in the days ahead. For 2020, that would mean about USD 84 billion of losses at an aggregate level, and for 2021, about $15 billion in losses, if a second wave of the Virus does not come through.
At a weekly press conference about the CoVid-19 impact on aviation, IATA predicts that there will be a USD 314 billion dollar drop of revenue from passenger traffic in 2020, compared to 2019. This is a much higher number as compared to their original prediction made three weeks ago.
IATA predicts 25 million jobs related to aviation are at risk due to the CoVid-19 crisis. These include 11.2 million jobs in Asia Pacific region itself. It seems it will be a long winter ahead for aviation.
The global aviation industry is not growing very profitably, apart from North America. But yet, coming 2020, things might get better. Find out how.
