Despite slower pace of international air traffic, nation has opportunity for stronger growth next year, says Willie Walsh
Net profit for 2026 is expected to increase to over US$6b, revenue passenger kilometres demand projected to grow by 7.3 pct
New record set as operating profit is expected to rise to nearly US$73b next year
Only unified approach via ICAO can deliver effective climate results for sector
Despite fears of global trade slowdown, air cargo has successfully adapted to serve shifting market demands, says body's sec-gen
Aerospace industry’s challenges delaying production alongside mounting costs
Industry stakeholders urge administrations to expedite release of CORSIA-eligible emissions units
Sharp growth decline in Asia-North America trade lane due to rising tariffs for imports to the US
The slower growth compared to previous months was largely due to disruptions caused by ongoing military conflict in the Middle East.
NEW DELHI, June 2 — Global airlines shaved a key forecast for 2025 industry-wide profits on Monday, blaming trade tensions and declining consumer confidence, while hitting out at "unacceptable" delays in jetliner deliveries that have hindered their growth plans.
KUALA LUMPUR, April 30 — Global air passenger demand rose by 3.3 per cent in March 2025, compared to the 2.7 per cent growth reported for February, according to the International Air Transport Association (IATA).
KUALA LUMPUR, April 3 — The International Air Transport Association (IATA) has launched the Sustainable Aviation Fuel (SAF) Registry.
KUALA LUMPUR, Nov 1 — Total global passenger demand, measured in revenue passenger kilometres (RPK), rose by 7.1 per cent year-on-year (y-o-y) in September 2024 versus a year ago, an all-time high, according to the International Air Transport Association (IATA).
KUALA LUMPUR, June 3 — The International Air Transport Association (IATA) has upgraded its 2024 profitability projections for airlines to US$30.5 billion in net profit compared to the US$25.7 billion forecast made in December 2023.
KUALA LUMPUR, June 3 — The International Air Transport Association (IATA) announced that its projection for Sustainable Aviation Fuels (SAF) to triple to reach 1.9 billion litres (1.5 million tonnes) in 2024 is on track.
KUALA LUMPUR, April 4 — The global air cargo industry registered a total of 19.7 billion cargo tonne-kilometres (CTKs) in February 2024, representing an increase of 11.9 per cent year-on-year (y-o-y), according to the International Air Transport Association (IATA).
KUALA LUMPUR, March 6 — The global airline industry has gotten off to a strong start in 2024 despite economic and geopolitical uncertainties, with January global passenger demand showing a 16.6 per cent increase.
SEPANG, Feb 26 — Routes Asia 2024 (Routes 2024), to be held in Langkawi from Feb 27-29, will provide a meeting place for airline decision-makers to negotiate new and existing air services with their airport and destination partners.
KUALA LUMPUR, Feb 1 — The recovery in air travel continued in December 2023, with the total 2023 traffic edging even closer to matching pre-pandemic demand, according to the International Air Transport Association (IATA).
KUALA LUMPUR, Jan 31 — The global air freight markets showed that air cargo demand rebounded in 2023 with a particularly strong fourth quarter performance despite economic uncertainties, with full-year demand reaching a level just slightly below 2022 and 2019, said the International Air Transport Association (IATA).
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