The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in 2022. In 2023,…
The International Air Transport Association (IATA) and McKinsey & Company published a study of profitability trends across the aviation value chain showing that profitability varies widely by sector. The study also shows that in aggregate, airlines underperform on the…
The International Air Transport Association (IATA) called on both the Danish and Icelandic Air Navigation Service Providers (ANSP) to revoke the planned increases in air traffic charges set to come into effect on 1 January 2023. On average, the…
Ryanair, Europe’s largest airline and global energy group, Shell, today (Thurs 1 Dec.) signed a Memo of Understanding (MOU) to advance the supply of sustainable aviation fuel (SAF) at over 200 Ryanair airports across Europe, with particular focus on…
The oneworld® Alliance has been named Best Airline Alliance again by readers of both Business Traveler USA and Global Traveler, reinforcing oneworld’s position as the most preferred alliance among world travellers. Readers of Business Traveler USA selected oneworld as…
The International Air Transport Association (IATA) released data for October 2022 global air cargo markets showing that headwinds continue to affect air cargo demand. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 13.6% compared to October 2021 (-13.5% for…
To mark International Day of Persons with Disabilities (3rd December 2022), British Airways has announced that it is working with Queen Elizabeth’s Foundation for Disabled People (QEF). By working with QEF, which supports children and adults with physical and…
The International Air Transport Association (IATA) announced that the recovery in air travel continued in October. Total traffic in October 2022 (measured in revenue passenger kilometers or RPKs) rose 44.6% compared to October 2021. Globally, traffic is now at…
Air Canada has been named the Best Airline in North America for the fourth consecutive year by the readers of Global Traveler. The airline also won for Best Airline Cabin Cleanliness for the third consecutive year in the 19th…
United Airlines today announced a strategic equity investment in Natron Energy, a battery manufacturer whose sodium-ion batteries have the potential to help United electrify its airport ground equipment like pushback tractors and operations at the gate. United has made…