Air Cargo Posts Fourth Month of Double-Digit Growth in March

The International Air Transport Association (IATA) released data for March 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 10.3% compared to March 2023 levels (11.4% for international operations). This is the fourth consecutive month of double-digit year-on-year growth. Capacity, measured in available […]

IATA Disappointed with New US DOT Consumer Protection Rules

The International Air Transport Association (IATA) is disappointed with the U.S. Department of Transportation’s two new broad consumer protection rules which by far exceed DOT’s authority to regulate the deregulated airline industry. The “Refunds and Other Consumer Protection Rule” will force airlines to provide automatic refunds for delays or cancellations, irrespective of the cause of […]

Japan and Brazil to sign decarbonization deal at May summit

Japanese Prime Minister Fumio Kishida is expected to sign a cooperation deal on decarbonization with Brazil during a trip there in early May, including developing biofuel technologies and combating deforestation. Kishida and Brazilian President Luiz Inacio Lula da Silva will agree to the Green Partnership Initiative. He will be the first Japanese leader to visit […]

Pakistan and Bangladesh Blocking Over $720m of Airline Revenues

The International Air Transport Association (IATA) called on Pakistan and Bangladesh to immediately release airline revenues that are being held in contravention of international agreements. The situation has become severe with airlines unable to repatriate over $720 million ($399 million in Pakistan and $323 million in Bangladesh) of revenues earned in these markets. “The timely […]

Delta Air Lines and Aeromexico celebrate new route between Boston and Mexico City

The Delta-Aeromexico Joint Cooperation Agreement (JCA) is expanding its operations between the United States and Mexico, marking a significant milestone in the aviation industry. Delta and Aeromexico recently celebrated the launch of their new service between Boston (BOS) and Mexico City (MEX) during a ceremony at Logan International Airport. This highly anticipated route, operated by […]

American Red Cross welcomes American Airlines as its newest Mission Leader

The American Red Cross recognizes American Airlines, headquartered in Fort Worth, TX, as its newest Mission Leader. American joins an elite group of the most generous Red Cross donors — those giving more than $3 million annually to help alleviate suffering in the face of emergencies. As a Mission Leader, American pledges financial and in-kind […]

Delta Air Lines Announces March Quarter 2024 Financial Results

Delta Air Lines (NYSE: DAL) today reported financial results for the March quarter and provided its outlook for the June quarter. Highlights of the March quarter, including both GAAP and adjusted metrics, are on page five and incorporated here. “Thanks to the extraordinary work of our 100,000 people, Delta is delivering the best operational reliability in […]