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‘Airlines are price takers, don’t have influence on prices they pay’

‘Airlines are price takers, don’t have influence on prices they pay’

Airlines are price takers as they do not have an influence on the prices they pay, IATA Chief Economist Marie Owens Thomsen has said and highlighted that carriers' need to diversify their revenues is complicated

Aviation
IATA chief optimistic about India providing more bilateral flying rights

IATA chief optimistic about India providing more bilateral flying rights

Global airlines' grouping IATA's chief, Willie Walsh, has expressed optimism that India will provide more bilateral flying rights as Indian carriers are set to operate more wide-body planes in the coming years.   India, one

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Aviation supply chain challenges extend to 2025

Aviation supply chain challenges extend to 2025

  The International Air Transport Association (IATA) has warned that severe supply chain disruptions will continue to challenge airlines through 2025. These issues are driving up costs, restricting growth, and impacting the industry's environmental goals.

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Asia leads global passenger traffic growth in October: IATA

Asia leads global passenger traffic growth in October: IATA

The International Air Transport Association (IATA) has revealed robust global passenger traffic data for October 2024, highlighting significant growth in Asia and India. Asia-Pacific Region: Passenger demand surged by 17.5% compared to October 2023, outperforming

Aviation
Global Symposium to deliberate on barriers to air travel by persons with disability

Global Symposium to deliberate on barriers to air travel by persons with disability

The Symposium on Accessibility in International Civil Aviation will tackle barriers to air travel faced by persons with disabilities or reduced mobility. Together, the International Civil Aviation Organization (ICAO), Airports Council International (ACI) and the

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Global air passenger demand surges 8.6% in August: IATA

Global air passenger demand surges 8.6% in August: IATA

The International Air Transport Association (IATA) released data for August 2024 global passenger demand with the following highlights: • Total demand, measured in revenue passenger kilometers (RPK), was up 8.6% compared to August 2023. Total

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