Southwest CEO: Travel Depends Upon Reopening of Attractions Like Disney World
In an interview today with CNBC, Southwest Airlines’ CEO, Gary Kelly, offered his insights about what it might take for U.S. travel to resume again once the COVID-19 pandemic is under control. Following the release of the airline’s first-quarter earnings report, Kelly confirmed that April 2020 has seen just six percent of seats filled for […]
Slow Recovery Needs Confidence Boosting Measures
The International Air Transport Association (IATA) called for governments to work with the industry on confidence-boosting measures in the face of an anticipated slow recovery in demand for air travel. “Passenger confidence will suffer a double whammy even after the pandemic is contained—hit by personal economic concerns in the face of a looming recession on […]
25 Million Jobs at Risk with Airline Shutdown
The International Air Transport Association has released new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis. Globally, the livelihoods of some 65.5 million people are dependent on the aviation industry, including sectors such as travel and tourism. Among these are 2.7 […]
Slower but Steady Growth in 2019: IATA
The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2019 showing that demand (revenue passenger kilometers or RPKs) rose by 4.2% compared to the full year of 2018. The 2019 result is a slowdown compared to 2018’s annual growth of 7.3% and marked the first year since the global financial crisis […]
Airlines should be braced for tougher conditions: IATA
IATA chief economist Brian Pearce believes the industry should be braced for more difficult conditions over the next 12 months, amid continued market challenges and the heaviest falls in air freight demand since the financial crisis a decade ago. Speaking at the Airlines 2050 event in London on 17 October, Pearce flagged that conditions faced […]
100 years in the sky: how the world’s major airlines went from carrying mail to crossing the globe
It was early morning on May 14, 1908, when Wilbur Wright – one half of the renowned Wright brothers – made an easy landing on the beach at Kitty Hawk in North Carolina with a man called Charles Furnas sitting beside him. The men had been airborne for fewer than 30 seconds, but it was […]
IATA: UK must increase capacity, cut taxes and visa restrictions
The UK risks losing up to 120,000 jobs from the aviation sector over the next two decades if it does not improve competitiveness, according to a new IATA report. Lack of airport infrastructure in southeast England, the world’s highest rate of passenger charges and taxes, together with a relatively restrictive visa regime are the main […]
Colombia’s Viva Air mines data to improve air travel
Colombia-based LCC Viva Air, through its innovation lab, is working with universities to harness data and develop new ways to increase revenue, improve the passenger experience and drive operational efficiency. The airline wants to become the world’s first “open data” carrier by sharing its information and analyses, Viva Air Labs head of innovation Clyde Hutchinson […]
See which airlines are the largest on a state-by-state basis
Each state has a different relationship with the airlines that service its airports. In some states, one or two airlines dominate the market, while in others it’s more diversified. In Texas, unsurprisingly, the two home-state carriers, American Airlines Group Inc. (Nasdaq: AAL) and Southwest Airlines Co. (NYSE: LUV), accounted for more than half of total […]
OECS and IATA: Working together to improve air travel in the Eastern Caribbean
The Organisation of Eastern Caribbean States (OECS) Commission and the International Air Transport Association (IATA) have met recently to discuss the aviation challenges facing the Eastern Caribbean region and what steps need to be taken to improve intra-regional travel for everyday citizens. A delegation from IATA, including IATA’s Caribbean Area Manager, Security and Facilitation Manager […]
