The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419...
Brian Pearce, our Chief Economist has explained the current situation that the global air transport industry finds itself in. First, let me reassure you that the global air transport industry is responsibly responding to this global pandemic. We are not...
The impact of the air transport industry on the environment is significant. There’s no denying that airlines rely heavily on single-use plastics with more than 5 million tonnes of cabin waste created in a single year, according to IATA. However,...
The International Air Transport Association (IATA) announced that leaders of the global air transport industry are gathering in Seoul, Republic of Korea, for the 75th IATA Annual General Meeting (AGM) and World Air Transport Summit (WATS). Hosted by Korean Air,...
“Airport of the future” has become something of a buzzword in the air transport industry. While technology continues to develop and the expectations of today’s connected passengers keep shifting, the airport terminal is also constantly changing. To learn more about...
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