Iata

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  Global Airlines Cut 2025 Profit Forecast Amid Trade Tensions

  Trump's sweeping tariffs have stoked fears of an economic slowdown and squeezed discretionary spending, prompting many consumers especially in the United States to delay or scale back travel plans.

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  India's Aviation Sector Rises To Third Spot Globally, Creates 7.7 Million Jobs

  India's aviation industry has expanded at a rapid pace to become the world's third-largest aviation market in terms of passenger traffic, according to a report compiled by the International Air Transport Association (IATA).

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  India Tops Global List In Passenger Loads On Domestic Flights: Report

  India's domestic flights have recorded a passenger load factor of 86.4 per cent in 2024, to forge ahead of the US and China which figure at the second and third spot respectively.

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  Frustration In The Air: Boeing Delays Hang Over Aviation Meet

  Back-slapping over record passenger figures is tinged with frustration at the airline trade body's annual meeting as carriers lament years-long delays to deliveries of new Boeing aircraft.

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  Airlines Expecting 5 Billion Passengers In 2024, A New Record: Report

  Airlines are expecting to fly nearly five billion passengers in 2024, a new record beating the pre-Covid pandemic high, trade industry association IATA said on Monday.

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  AI Won't Replace Pilots, But Here's How It Is Revolutionising Airline Ops

  Airlines may not be replacing pilots with artificial intelligence anytime soon, but aviation industry experts say the new technology is already revolutionising the way they do business.

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  Last Year Was Safest Ever For Commercial Air Travel: Airline Industry Body

  Last year was the safest ever for commercial air travel, despite a massive rebound in passenger flights, an airline industry group said Wednesday.

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  Airline Industry To Record USD 25.7 Billion Net Profit In 2024: Report

  The airline industry is projected to register a net profit of USD 25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said today.

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  Airlines Expect Record 4.7 Billion Passengers In 2024: Aviation Body

  Airlines are expecting to carry a record 4.7 billion passengers in 2024 as the sector puts the Covid-19 pandemic behind it, trade industry association IATA said Wednesday.

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  Aviation Body Allots Three-Letter Code 'DXN' To Noida Airport

  "IATA has allotted the three-letter code -- DXN -- for the Noida International Airport," airport's Chief Operating Officer Kiran Jain said here.

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  Airline Industry To Report USD 9.8 Billion Net Profit This Year: Aviation Body

  The airline industry is expected to record a net profit of USD 9.8 billion this year as passenger traffic is rising and local economies are reviving, IATA said on Monday.

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  "May Take Action" If There Is Unbridled Hike In Air Fares, Says Government

  The Ministry of Civil Aviation (MoCA) has advised top officials of airline companies that the government will be forced to take concrete action if there is an unbridled hike in air fares, especially in the sector where Go First has stopped operation.

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  Global Airline Industry To Post $6.9 Billion Loss In 2022: Industry Association

  Today, IATA said the global airline industry is expected to return to profitability in 2023 and post a small net profit of $4.7 billion.

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  "Let's Relax A Little..." Says Aviation Official On Staff Shortage Troubles

  Some airlines may have to adjust capacity plans to cope with staff shortages, IATA chief Willie Walsh said

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  Except For Tatas, No One Can Make Air India Work, Says Emirates President

  If the Tata Group cannot make Air India work, no one else in the country will be able to do so, Emirates President Tim Clark has said