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IATA Postpones 2020 AGM

    IATA Postpones 2020 AGM

MIAMI – The International Air Transport Association (IATA) announced today the postponement of its 76th Annual General Meeting (AGM) and the World Air Transport Summit. The 76th IATA AGM and

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Vietnam Bans All Passenger Flights

    Vietnam Bans All Passenger Flights

MIAMI – Vietnam’s Ministry of Transport suspended today all scheduled passenger flights to the country effective immediately until April 15 in a move to stop the COVID-19 spread. Vietnam is

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Airlines Burn Away Cash Reserves

    Airlines Burn Away Cash Reserves

MIAMI – The International Air Transport Association (IATA) published today a new analysis showing that airlines may burn through US$61bn of their cash reserves during Q2, posting a quarterly net loss

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European Airlines Losses Climb

    European Airlines Losses Climb

MIAMI – European carriers face a potential revenue loss of US$76bn and passenger demand 46% below normal, putting at risk about 5.6 million jobs and $378bn in GDP supported by air

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China Limits Flights To One Per Week

    China Limits Flights To One Per Week

MIAMI – The Civil Aviation Administration of China (CAAC) directs Chinese and foreign airlines to limit flights to one per

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No Bailout For The UK Aviation Industry

    No Bailout For The UK Aviation Industry

MIAMI – UK chancellor of Exchequer Rishi Sunak wrote to airline and airport executives on Tuesday, emphasizing support measures for the

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IATA: Revenue Losses Worse Than Forecasted

    IATA: Revenue Losses Worse Than Forecasted

MIAMI – Today, the International Air Transport Association (IATA) updated its March 5 report on the revenue impact of the

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Airbus Takes Liquidity, Customer Support Measures

    Airbus Takes Liquidity, Customer Support  Measures

MIAMI – Airbus CEO Guillaume Faury has updated the company’s situation and actions to face the gravity of the COVID-19 crisis and

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The Future of Aviation is in Jeopardy

    The Future of Aviation is in Jeopardy

MIAMI – CAPA, a Sydney based aviation analytics company, has predicted that by May, most of the airlines around the

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COVID-19: Delta, SABRE Issue Major Cost Saving Directives

    COVID-19: Delta, SABRE Issue Major Cost Saving Directives

MIAMI – Following its bailout requests to survive the current crisis, Delta Air Lines (DL) secures a $2.6bn credit facility

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