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Airlines face deeper revenue hit from COVID-19

The International Air Transport Association (IATA) has updated its analysis of the revenue impact of the COVID-19 pandemic on the global air transport industry....

Airline profits this year unlikely at December forecast level

Profits in the airline industry are unlikely to reach the record levels forecast in December due to a jump in fuel costs,...

Southern African airline industry facing crisis – AASA

Southern African airlines are battling slackening demand and the evaporation of already slender profit margins in a reflection of lacklustre economic growth...