In a Tuesday press briefing, the International Air Transport Association (IATA) said travellers are getting more cautious based on recurring surveys the group conducts, Bloomberg News reported. Per the group, 45% of people polled in late May and early June said they would be prepared to board a plane within […]
Frontier Airlines cancelled plans to let customers pay to block middle seats next to them during flights for social distancing, just one day after announcing it. The plan was swiftly criticised as profiteering over safety concerns. Airlines are struggling to figure out how to reassure customers and prevent the coronavirus […]
The coronavirus could cause the global airline industry to shrink for the first time since the global financial crisis of 2008 and 2009, an industry trade group warned on Thursday. Plummeting demand for travel within China, and to China and Hong Kong from the rest of the world, has led […]
A confluence of negative factors, including Boeing’s international 737 Max scandal, have made it tough for airlines this year. Trade disputes spearheaded by President Donald Trump and rising oil prices, have only made things worse. The International Air Transport Association, which represents some 290 airlines, is warning that 2019 profits […]
A hoax after the Lion Air crash that likely killed 189 people claimed that there were serious red flags about the airlines safety. It said the International Air Transport Association (IATA) had given the airline the lowest possible safety rating. A fake screenshot of the IATA’s website said Lion Air […]
Fuel prices have shot up nearly 57% a barrel over the past year. Airlines around the world are expecting profits to fall 12% during 2018. American Airlines CEO and others warn that the extra costs could be passed onto passengers through higher ticket prices. The big news coming out of […]
Airline industry profits will reach $39.4...