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

Some 25 million jobs are at risk of disappearing with plummeting demand…

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

Global passenger demand in February 2020 fell 14.1% compared to February 2019,…

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

Air carriers could burn through US$61 billion of their cash reserves and…

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

The International Air Transport Association (IATA) renewed its call to governments to…

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

It’s “apocalypse now” for airlines as they stand to lose US$252 billion…

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

The International Air Transport Association (IATA) is urging governments to consider the…

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

The world’s airlines now stand to lose between US$63 billion and $113…

January air passenger traffic growth is slowest in decade—IATA

Global air passenger demand climbed 2.4% in January 2020 year-on-year, down from…

IATA calls for global easing of slot rules as airlines buckle under coronavirus shock

The International Air Transport Association (IATA) is calling for the immediate suspension…

AsPac airlines could lose $28B in 2020 from COVID-19 spread—IATA

The novel coronavirus 2019 (COVID-19) outbreak could potentially lead to a 13%…