US airlines to increase Spanish service
American Airlines and United Airlines are to increase service to Spain after the European country’s government confirmed that borders would reopen from June 7 to travelers who have been fully vaccinated. Oneworld alliance member American said it plans to reinstate two routes to the Spanish capital Madrid, home to the airline’s Atlantic joint business partner […]
Reduced Losses but Continued Pain in 2021
The International Air Transport Association (IATA) expects net airline industry losses of $47.7 billion in 2021 (net profit margin of -10.4%). This is an improvement on the estimated net industry loss of $126.4 billion in 2020 (net profit margin of -33.9%). “This crisis is longer and deeper than anyone could have expected. Losses will be […]
IATA Welcomes WHO Emergency Committee Risk Management Recommendations
The International Air Transport Association (IATA) urged states to comply with recommendations on international travel from the World Health Organization’s International Health Regulations (2005) Emergency Committee on testing and risk management during the COVID-19 pandemic. In particular, IATA highlighted the following recommendations for states: “Do not require proof of vaccination as a condition of entry.” […]
OAG and IATA Strengthen Data Partnership
OAG, the world’s leading provider of travel data and insight has agreed a partnership with International Air Transport Association (IATA), to provide schedule and reference data via its new cloud platform. As part of the strengthened partnership between the two aviation leaders, OAG will also provide IATA with a customized version of its market-leading Analyzer […]
Future of aviation is on the line as urgent support is needed, says ACI
New forecasts from Airports Council International (ACI) World show the path to recovery in 2021 will be slow and uncertain and, without government policy support and assistance, the industry continues to face collapse. ACI World’s most recent COVID-19 impact analysis revealed the global airport industry experienced a reduction of more than 6 billion passengers by […]
Southwest Airlines reports first loss in 48 years
The last time Southwest Airlines posted an annual loss was 1972, when it was a small upstart airline flying a handful of planes on Texas-only routes. Since then, it has grown to become the nation’s fourth largest airline, reporting 47 consecutive profitable years while its largest rivals flew into and out of bankruptcy during the […]
Air Travel to Reactivate Between Puerto Rico and International Destinations
The designated executive director of the Puerto Rico Tourism Co. (PRTC), Carlos Mercado Santiago, provided an update on the gradual recovery of air traffic in Puerto Rico, highlighting important advances in the reactivation of routes between the island and main destinations in Latin America, Europe, and the Caribbean. «The recovery and strengthening of air access […]
ACI Europe: Airports can no longer count on air traffic growth
Europe’s airports will have to adapt to a “new normal” that does not take for granted ongoing traffic growth. Airports should focus on improving sustainability, boosting efficiency and connectivity through better use of technology and data, and taking a new approach to revenue generation, industry group ACI Europe said. “Our airport economic model has been […]
September Offers No Relief to Passenger Downturn
The International Air Transport Association (IATA) announced that passenger demand in September remained highly depressed. Total demand (measured in revenue passenger kilometers or RPKs) was 72.8% below September 2019 levels (only slightly improved over the 75.2% year-to-year decline recorded in August). Capacity was down 63% compared to a year ago and load factor fell 21.8 […]
Heathrow repeats urgent call for testing regime
The UK must introduce a testing on arrival regime if it wishes to maintain a leading position in global aviation, Heathrow chief executive John Holland-Kaye has argued. Echoing concerns from the International Air Transport Association earlier, he argued the country was already suffering. “Britain’s economic recovery is falling behind,” he said. “Heathrow’s traffic figures for […]
