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Global airline industry to post $36.6bn net profit in 2025: IATAThe global airline industry is expected to post $36.6 billion in net profits for 2025, a 3.6% net profit margin, despite hit by supply chain issues. This is a slight improvement from the expected $31.5 bi More… |
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Amadeus Gulf workshops showcase NDC potentialAmadeus Gulf recently hosted a series of exclusive new distribution capability (NDC) workshops, engaging travel professionals in the latest advancements reshaping airline distribution. Held in Abu Dhabi and Dubai, the workshops provided More… |
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Airline industry recovery stronger than expected: IATA chiefThe recovery of the airline industry is stronger than expected, said IATA Director General Willie Walsh In an interview with CNN’s Richard Quest, discussing soaring demand, high oil prices and continuing airport chaos. Walsh More… |
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Airlines unable to cut costs enough to save jobs: IATAThe airline industry cannot slash costs sufficiently to neutralize severe cash burn to avoid bankruptcies and preserve jobs in 2021, said the International Air Transport Association (IATA in new analysis, noting that recovery has been delayed du More… |
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Mercator develops loyalty mobile appMercator, a business technology solutions and services provider for the airline industry, has developed a new mobile application, enabling members of loyalty programmes to accrue and redeem points faster. Among many other features More… |
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UK jet fuel plant may boost airline industryPartners in Europe's first planned sustainable jet fuel plant in London are hoping that the development will revolutionise the airline industry in the Middle East and around the globe. British Airways (BA) formally announced its partne More… |
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Airline industry to lose $5.6bn in 2010The International Air Transport Association (IATA) has revised its financial outlook for 2010 to an expected $5.6 billion global net loss, larger than the previously forecast loss of $3.8 billion. For 2009, IATA maintained its forecast of More… |
