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Reduced losses but continued pain for airline industry in 2021 –...

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The International Air Transport Association (IATA) expects net airline industry losses of $47.7 billion in 2021. This is an improvement on the estimated net...

IATA outlines main priorities for aviation in Africa

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Financial relief, the safe reopening of borders and planning for the safe restart of operations are the main priorities for aviation in Africa, the...

South Africa needs to start planning now for the safe restart...

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The International Air Transport Association (IATA) has urged South Africa to start planning for the safe resumption of international air travel to help repair...

Airline traffic and bookings stall despite vaccine promise

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Airlines face a challenging wait for COVID-19 vaccines to end travel lockdowns, global industry body IATA said, as a recovery in traffic stalls and...

Airlines set to lose $157 billion amid worsening slump – IATA

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Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its...

IATA reduces air traffic outlook as crisis drags on

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Global airlines reduced their 2020 traffic forecast on Tuesday, after a small summer rebound evaporated amid renewed coronavirus outbreaks and travel restrictions. Full-year passenger traffic...

Impact of COVID-19 on African aviation and economies is worsening –...

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The International Air Transport Association (IATA) has released new data indicating that the impact of COVID-19 on Africa’s aviation industry and economies has worsened...

Global airlines less hopeful on COVID-19 recovery

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Global airlines cut their coronavirus recovery forecast on Tuesday, saying it would take until 2024 - a year longer than previously expected - for...

Airlines heading for $84 billion loss this year: IATA

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Airlines are set to lose $84 billion as the coronavirus pandemic reduces revenue by half to mark the worst year in the sector’s history,...

Global airlines body raises alarm over bailout debts

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Heavy debts inherited from government bailouts and other fund-raising moves will delay the airline industry’s recovery from the coronavirus crisis, a trade body said...

Battered consumer confidence will slow airlines recovery

Faltering consumer confidence will slow the recovery of air travel when coronavirus restrictions end, the sector’s main global body warned, citing bleak new survey...

Crisis-hit airlines face crippling cash squeeze, IATA says

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Global airlines warned on Tuesday that many carriers may not survive a record cash squeeze in the second quarter, as revenues and traffic plunge...

Airlines face deeper revenue hit from COVID-19

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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....

Airlines seek billions in government support – IATA

Global airlines need to up to $200 billion of government support to help survive the coronavirus crisis, the International Air Transport Association (IATA) said. Issuing...

Airlines could lose up to $113 bln in passenger revenue due...

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Airlines could lose $63 billion to $113 billion in revenue for passenger traffic globally in 2020, depending on how the coronavirus spreads, the International...

New urgency for airline conflict alert system

The shooting down of a Ukrainian airliner near Tehran has given new urgency to efforts to develop a shared conflict alert system for airlines,...

Airlines cutting profit forecasts

Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry’s main...

Air transport a major contributor to SA economy but more could...

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The air transport sector supports 472 000 jobs in South Africa and contributes $9.4 billion to the Gross Domestic Product (GDP), but more could...

Global airlines slash profit forecast on protectionism fears

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Global airlines slashed a widely watched industry profit forecast by 21% on Sunday as an expanding trade war and higher oil prices compound worries...

IATA cuts annual air cargo traffic growth forecast citing trade frictions,...

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The International Air Transport Association (IATA) on Tuesday nearly halved its annual forecast for traffic growth in the air cargo market to 2 percent...

IATA urges African governments to promote air connectivity

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The International Air Transport Association (IATA) has urged governments in Africa to maximize the positive social and economic power of aviation by...

IATA acknowledges it has a role in combatting human trafficking

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The International Air Transport Association (IATA) acknowledges it is in the business of freedom and at the same time knows the global...

Airlines warned against complacency after dream safety run

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Global airlines, coming off a record-low accident rate in 2017, need to guard against complacency over safety as heavy growth in travel...

IATA, AFRAA sign MoU to advance aviation in Africa

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The International Air Transport Association (IATA) and The African Airline Association (AFRAA) have signed a memorandum of understanding (MoU) to deepen their...

Airline profits this year unlikely at December forecast level

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

Airlines back creation of global drone registry: IATA

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The world's airlines are backing the development of a United Nations-led global registry for drones, as a rise in near collisions by...

IATA cautions that implementation is key to Single African Air Transport...

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The International Air Transport Association (IATA) has welcomed the launch of the Single African Air Transport Market (SAATM) initiative by the African...

Airline group IATA in talks with Angola over blocked $500 million

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Angola is withholding more than $500 million (£360.64 million) in revenue generated by international airlines in the country, airline lobby IATA said...

Africa’s airlines to incur $100 million loss in 2018 – IATA

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Africa's airlines are expected to continue making a combined loss of $100 million in 2018, the same as 2017, in spite of...

Safety, blocked funds, connectivity and regulation concerns in African aviation market

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The International Air Transport Association (IATA) has identified four priorities which must be addressed if aviation is to deliver maximum economic and...

Air transport supports 490,000 jobs and contributes $12bn in GDP for...

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The International Air Transport Association (IATA) released new data showing that the air transport sector in South Africa provides immense value to...

African airlines could lose out to foreign carriers

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African airlines are at risk of losing out to international carriers and should move quickly to take advantage of growing opportunities. This...

Fatal aviation accidents rise in 2016 according to IATA report

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The number of air accidents declined further in 2016, but more of them resulted in fatalities than in the previous year, the...

World airlines expected to be profitable in 2017, except for Africa

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The International Air Transport Association (IATA) expects the global airline industry to make a net profit in 2017 of $29.8 billion while...

IATA launches tool to cut illegal wildlife shipments by air

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The International Air Transport Association (IATA) has announced the launch of an Airport Wildlife Trafficking Assessment Tool which will help defeat smugglers...

Global aviation had fewer fatal accidents in ‘extraordinarily safe’ 2015 –...

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The number of air accidents and resulting fatalities dropped in 2015 from the previous year, and was well below the five-year average,...

World air cargo market slowing down

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Since 2008, the air cargo market has been roller-coastering. The industry includes businesses that provide air transportation for commercial and private cargo,...

Air travel “safer” in 2014 despite Malaysian disasters-IATA

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Last year was by some measures the safest in the history of commercial aviation, despite two high-profile crashes involving Malaysia Airlines aircraft...

Airlines body calls for U.N. to regulate anti-aircraft weaponry

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Global airlines body IATA has called on the U.N. to regulate anti-aircraft weaponry in a similar way to chemical weapons following the...

Air industry battles Ebola with heat scans and handwash

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Airlines and airports handling travel to countries worst hit by the Ebola epidemic are trying to prove that flying to West Africa...

Aviation organisations response to civil aviation and conflict zones

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The International Civil Aviation Organisation (ICAO), the International Air Transport Association (IATA), Airports Council International (ACI) and the Civil Air Navigation Services...

IATA cuts global airline forecast to $18 billion

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Concerns over China's economic growth and political risks have prompted the airline industry to trim $700 million off its global profit forecast...

IATA training award for ATNS

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The South African Air Traffic and Navigation Services' (ATNS) Aviation Training Academy (ATA) has been rewarded by the International Air Transport Association...

IATA cuts airline profit forecast on Ukraine concerns

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Global airlines expect to make $1 billion less profit this year than previously hoped, denting a U.S.-led recovery, as the Ukraine crisis...

IATA chief says weak cargo remains biggest airline worry

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Weakness in air cargo markets remains the biggest worry for airlines despite some evidence of recovery in 2013, the head of the...

100 years of commercial aviation

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January 1 this year marked the centenary of commercial aviation with a re-enactment of the first ever commercial flight by the St...

IATA raises global airline profit forecasts for 2013 and 2014

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Airlines lobby group IATA has raised its forecast for airline profits this year by 10 percent and predicted passenger numbers topping 3...

New IATA man for Africa

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Raphael Kuuchi is the International Air Transport Association's (IATA) new vice president for Africa. He will take up the new position in February...

IATA calls for Africa to adopt global standards to improve aviation...

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The International Air Transport Association (IATA) has called on African governments to adopt and adhere to global standards in the interest of...

1time “in distress”

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JSE-listed low-cost airline 1time has applied to the High Court for protection against its creditors after its board yesterday decided the company's...