Tag: Demand

Etihad Airways on Sunday slashed its outlook for a full recovery in air travel demand. The carrier now expects passenger numbers on its routes to return to pre-COVID levels only by 2024. “We’re expecting to see stronger demand certainly in...

The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to the full year of 2019, by far the sharpest traffic decline in aviation...

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 2.0% in September 2018, compared to the same period the year before. This pace of growth was...

20-year outlook projects rising demand for 42,700+ new airplanes, valued at $6.3 trillion Services to outpace the world fleet; to grow 4.2% annually creating a $8.8T market Boeing [NYSE: BA] lifted its long-term forecast for commercial airplanes as rising passenger...

In its second-quarter Cargo Chartbook, the International Air Transport Association (IATA) predicted a likely slowdown ahead for airfreight traffic, as traffic in freight tonne kilometers (FTKs) rose by a slower 4 percent, year-over-year, during the three months ended April. The...

Colombian authorities have requested Turkish Airlines (THY) to increase the number of direct flights between Istanbul and Bogota, according to THY America Sales Marketing Vice President Mustafa DoÄŸan. In response to the request, DoÄŸan said that THY was pleased with...

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 4.1% in April 2018, compared to the same period the year before. This was up from the...

Panama-based Copa Holdings reported a first-quarter 2018 net profit of $136.5 million, up 35.1% over net income of $101 million in the 2017 March quarter, as strong demand overcame rising fuel prices. "Copa Holding"™ first-quarter results reflect a healthy demand...

Canada"™s airline profitability, which reached a 20-year high last year, is expected to soften due to higher fuel and labour costs, according to a Conference Board of Canada report. Airline pre-tax profits are forecast to drop 27 per cent to...

San Diego, San Jose, Mexico City and Montreal are among the destinations that Raleigh-Durham International Airport hopes Triangle travelers will be able to reach with nonstop flights in the coming years. On Thursday, RDU’s vice president for community affairs, Kristie...