Tag Archives for IATA.

IATA predicts a USD 314 Billion loss of passenger revenue in 2020 due to CoVid-19

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.

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Breaking: Kingfisher gets suspended from IATA again [updated]

Kingfisher Airlines does it again. Its almost like they are all listening to Britney Spears’ Oops I did it again. Ok, bad one! IATA has, for the second time in two months, suspended Kingfisher Airlines from their membership. This means all IATA affiliated travel agents cannot sell Kingfisher Airline tickets anymore. The airline promised to issue a statement shortly. Here is the Reuters report which talks about this. The last time around, Kingfisher Airlines took a long while to get reinstated into IATA. They blamed their problems on financial systems not working properly hence payments not reaching the IATA. Some member airlines had stopped honor tickets issued on  Kingfisher Airlines stock. So, if you are booked by KFA on any other carrier,…

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