IATA: Terror attacks cost European airlines $2.5 billion in revenue
European airlines lost approximately $2.5 billion in revenue as a result of the 2015-2016 terrorist attacks in Paris and Brussels, according to a new IATA study. European international passenger traffic fell approximately 1.6% in the year following the incidents. The impact of the incidents proved temporary, however, as European airline"™ international traffic began recovering in […]
IATA Condemns Recent Terror Attacks
The International Air Transportation (IATA), a member of the Global Travel Association Coalition (GTAC), supports GTACs condemnation of recent terror attacks. The leaders of GTAC, meeting in Montreal on the occasion of the 2015 ICAO World Aviation Forum, issued the following statement: "We condemn the terror attacks in recent days and weeks and extend our […]
