Home » Posts tagged with "International Air Transport Association"

Posts tagged with "International Air Transport Association"

ICAO releases guide to restarting air transport system

ICAO releases guide to restarting air transport system

Jun. 3 | Image by Sasin Tipchai from Pixabay The International Civil Aviation Organization (ICA) Council has adopted a new report and guidelines aimed at restarting the international air transport system and aligning its global recovery. The coronavirus disease...

PH air carriers seek P8.6B monthly government subsidy

PH air carriers seek P8.6B monthly government subsidy

May. 12 | ACAP vice chairman Roberto Lim during the online hearing of the Senate Committee on Public Services The Air Carriers Association of the Philippines (ACAP) is asking Congress for an P8.6-billion government subsidy so its members can survive the coronavirus...

PH aviation industry stands to lose $4B this year due to COVID-19

PH aviation industry stands to lose $4B this year due to COVID-19

Apr. 28 | The coronavirus disease (COVID-19) crisis will slash revenues of the Philippine aviation sector by $4.481 billion and passenger demand by 47% this year compared to 2019, the International Air Transport Association (IATA) said in its latest regional analysis. Job...

25M jobs, nearly half in Asia Pacific, at risk with airline shutdown

25M jobs, nearly half in Asia Pacific, at risk with airline shutdown

Apr. 8 | Some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis, with almost 46% of these in Asia-Pacific, according to new analysis from the International Air Transport Association (IATA). Globally, the...

COVID-19 crisis is aviation’s ‘darkest hour’—IATA  

COVID-19 crisis is aviation’s ‘darkest hour’—IATA  

Apr. 6 | Global passenger demand in February 2020 fell 14.1% compared to February 2019, with Asia-Pacific carriers seeing demand plummet 41% as the aviation industry faces its biggest crisis ever, according to traffic data from the International Air Transport...

Airlines face $61B cash burn, $39B net loss in Q2

Airlines face $61B cash burn, $39B net loss in Q2

Apr. 1 | Air carriers could burn through US$61 billion of their cash reserves and post a net loss of $39 billion during the second quarter if severe travel restrictions last for three months, according to a new analysis by the International Air Transport Association...

Keeping air cargo supply lines open vital to saving lives—IATA

Keeping air cargo supply lines open vital to saving lives—IATA

Mar. 26 | The International Air Transport Association (IATA) renewed its call to governments to ensure vital air cargo supply lines remain open as delays in delivery are endangering lives. “Air cargo is a vital partner in the global fight against COVID-19. But...

IATA warns of ‘shrinking window’ to provide lifeline as airlines face $252B loss

IATA warns of ‘shrinking window’ to provide lifeline as airlines face $252B loss

Mar. 25 | It’s “apocalypse now” for airlines as they stand to lose US$252 billion in annual revenue unless governments scale up financial relief and other support measures for the industry, the International Air Transport Association (IATA) has warned. “Airlines...

IATA: Latest US travel restrictions to add to financial pressures on airlines

IATA: Latest US travel restrictions to add to financial pressures on airlines

Mar. 13 | The International Air Transport Association (IATA) is urging governments to consider the “financial frailty” of airlines and be fully prepared to provide support to buffer the economic dislocation that any travel restrictions imposed will cause. IATA...

IATA: airlines’ COVID-19 revenue losses could go as high as $113B

IATA: airlines’ COVID-19 revenue losses could go as high as $113B

Mar. 6 | The world’s airlines now stand to lose between US$63 billion and $113 billion in global revenue losses this year as a result of the novel coronavirus (COVID-19) outbreak, according to a new update from the International Air Transport Association (IATA). In...