Remarks of Alexandre de Juniac at the IATA Media Briefing on COVID-19, 7 April 2020

The impact of COVID-19 on the air transport industry continues to be devastating. The industry is burning through cash at a dangerous rate. Some $61 billion could disappear from cash reserves in the second quarter alone. Demand is in free-fall. Worldwide it’s down 70% compared to last year—90% in Europe. And it could even get […]

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 […]

Air transport supports 65.5 million jobs and $2.7 trillion in economic activity

The global air transport sector supports 65.5 million jobs and $2.7 trillion in global economic activity, according to new research released today by the Air Transport Action Group (ATAG). The report, Aviation: Benefits Beyond Borders, explores the fundamental role civil aviation plays for today’s society and addresses the economic, social and environmental impacts of this […]

Spirit Airlines seeks incentives to add 225 jobs at South Florida headquarters

The director of Miramar’s Economic Development Department is recommending that the city commission approve $135,000 in incentives for Spirit Airlines Inc. to expand its headquarters and add jobs. In preparation for an Aug. 23 meeting, Eric Silva, director of the department, advised that the city commission approve the Qualified Target Industries (QTI) award for Project […]

Airspace modernisation to boost European economy, says IATA

The International Air Transport Association (IATA) has conducted a study revealing that airspace modernisation will add one million jobs and a €245bn boost to the European economy in 2035. At present, European air traffic supports 11.7 million jobs as well as $860bn of European gross domestic product (GDP). However, European airlines travel on average about […]

Bluesmart visits the President of Argentina

This week we had the immense honor of being invited by the new President of Argentina, Mr. Mauricio Macri, to visit him at his office at "Casa Rosada" ("Pink House"), the President"™s the executive mansion. He wanted to learn first hand from us the story of Bluesmart, given that it was founded by Argentinean entrepreneurs […]