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    IATA: Airline industry on track for recovery in 2024

    IATA: Airline industry on track for recovery in 2024

      IATA Director General Willie Walsh expressed optimism about the aviation industry's performance in 2024, citing strong passenger traffic growth across all regions except North America in February. He emphasised airlines' accelerated investments in decarbonisation

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    Airline industry to record USD 25.7 billion net profit in 2024: IATA

    Airline industry to record USD 25.7 billion net profit in 2024: IATA

    For 2023, the net profit is estimated at USD 23.3 billion, significantly higher than the USD 9.8 billion projected by the International Air Transport Association (IATA) in June this year. IATA has more than 300

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    India’s domestic passenger demand climbs 14.8% in June: IATA

    India’s domestic passenger demand climbs 14.8% in June: IATA

    The International Air Transport Association (IATA) announced that the post-COVID recovery momentum continued in June for passenger markets. Indian airlines’ domestic demand climbed 14.8% in June and was 1.3% above the June 2019 level. The

    Aviation
    Indian Aviation Market Vibrant, has Big Potential: IATA Director General

    Indian Aviation Market Vibrant, has Big Potential: IATA Director General

    According to a report in The ET, there are big opportunities for the aviation industry to explore in India, International Air Transport Association (IATA) director general Willie Walsh said. Terming the market “vibrant”, he said

    Aviation
    Air travel to get more expensive with surging oil prices: IATA

    Air travel to get more expensive with surging oil prices: IATA

    The escalating cost of oil globally is set to result in more expensive air tickets in the coming days, Chief of The International Air Transport Association (IATA) Willie Walsh has said. . Oil is the

    Aviation
    IATA urges India to lift restrictions on international flights, end domestic fare capping

    IATA urges India to lift restrictions on international flights, end domestic fare capping

    The International Air Transport Association (IATA) urged the Indian government to remove COVID-19 related restrictions on airlines in the country. The body of 290 global airlines wants India to resume operation of international flights along

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