Page 4 - Iata

Covid-19 impact: Airlines' revenues set to dip by 55% in 2020, says IATA

It marks a sharp worsening of the forecast for the aviation industry, as just three weeks ago the decrease was predicted to be 44 per cent, or $252 billion

Covid-19 crisis may drag 400 mn Indian workers further into poverty: ILO

In India, with a share of almost 90% of people working in the informal economy, about 400 million workers in the informal economy are at risk of falling deeper into poverty during the crisis

Govt seeks ticket refund details from airlines as travel agents complain

Several airlines have suspended refund facility to travel agents while making weekly payments of sales.

Revival, not survival

Going ahead, the government's policy actions for the aviation sector needs to be less myopic

Global airlines need up to $200 billion in emergency aid, says IATA

Airlines worldwide face an unprecedented existential threat as the COVID-19 pandemic, which has killed more than 9,000 people around the world, shuts down global travel.

Coronavirus flight shutdowns have hit cargo capacity, says IATA

"The dramatic travel restrictions and collapse of passenger demand have severely limited cargo capacity," said Geneva-based IATA

Coronavirus: IATA urges 'emergency steps' for airlines after US travel ban

US President Donald Trump's announced ban on travellers coming from most of Europe "will create enormous cash-flow pressures for airlines," Alexandre de Juniac, head of the IATA said

Covid-19 to cost airports in Asia-Pacific $3bn, 24% of passengers: Report

IATA last week said the coronavirus epidemic could rob passenger airlines of up to $113 billion in revenue this year

Coronavirus could cost airlines $113 billion in revenue in 2020: IATA

'In little over two months, the industry's prospects in much of the world have taken a dramatic turn for the worse', says IATA

Coronavirus: Air India disinvestment might be 'quite difficult', says IATA

The outbreak, which has infected over 95,000 people and resulted in more than 3,200 deaths worlwide, is taking a toll on the global airline industry, especially due to travel restrictions

Civil aviation ministry may accept IATA demand for suspension of slot rules

IATA, which represents over 250 airlines, has requested global regulators for suspension of the rules in view of the coronavirus outbreak

IATA suggests suspending airport slot rules immediately over Coronavirus

Takeoff and landing slot rules mean airlines must fill at least 80% of their slots in any given season, or risk losing their allocation next time round

How Coronavirus may have given global markets their worst week since 2008

Hopes that the epidemic would be over in a few months and economic activity would return to normal have been shattered, as new infections reported around the world now surpass those in China

Coronavirus scare may erase $29 bn from global airlines' revenue, says IATA

The contraction comes at a time when Asian airlines' sales had been growing, the group said

Coronavirus: Air traffic may fall 13% in Asia-Pacific region, says IATA

Consequently, the total global lost revenue will come to $29.3 billion and represent a 4.7 per cent hit to global demand

Hope Air India disinvestment will support aviation market growth, says IATA

In 2019, domestic air passenger traffic in India stood at 14.41 crore, an increase of nearly four per cent compared to the previous year, as per the latest official data.

Indian domestic passenger traffic hits 11.3% growth in November: IATA

"However, economic growth (in India) in the third quarter was the weakest in around six years amid a broad-based slowdown that is affecting many sectors of the economy", IATA said

Surging aircraft deliveries will keep airfares under pressure in 2020: IATA

In 2017 and 2018, Pearce said the capacity increased by 6.7 per cent annually.

IATA revises down 2019 airline profits, stability predicted in 2020

Airline net profits are now expected to fall to $25.9 billion from $27.3 billion last year, before recovering to $29.3 billion in 2020

AAI inks deal with IATA to train 500 employees on air transport system

Airports Authority of India on Wednesday said it has signed an agreement with the International Air Transport Association for training its 500 employees using the latter's online course on "overview of the air transport system". "The online training course will help in providing fundamental knowledge of air transportation system and shall cover overview of the world aviation organizations, airports, air navigation services and civil aviation authorities," said AAI in an official statement. The agreement was signed between AAI Member (HR) Anuj Aggarwaland IATA-Training Director Stephanie Siouffi during the "6th ICAO Global Aviation Training & Trainair Plus Symposium" that is being held in Delhi from December 4 to December 6.