
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.
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by Ajay 6 Comments
by Ajay 2 Comments
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,…