The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely stabilize in 2024. However, net profitability at the global level is expected to be well below the cost of capital in both years. Very significant regional variations in financial performance remain.

European tourism and sports ministry is planning to propose to the Cabinet to extend visa exemption period for over 50 countries from 30 to 60 days.

Air travel has surged this year, with passenger numbers surpassing pre-pandemic levels. This has led to overcrowding and made flying increasingly uncomfortable for millions of passengers.

The global airline industry has witnessed a substantial surge in demand this year, particularly evident in the busy months of July and August. Data indicates that over a billion airline seats were scheduled during these months, reflecting a significant increase …

The Manila launch was part of another wide-ranging United Trans-Pacific expansion, with more flights from Hong Kong, including to Los Angeles, as well as from Taipei, Japan, and Manila.

The scheme is designed for travellers hoping to make a “sustainable choice” by reducing the weight of each aircraft, JAL hopes to cut fuel consumption and, consequently, carbon dioxide emissions.

The ACCC’s program monitoring Australian airlines will wrap up at the end of June but former watchdog chief Rod Sims has said a broader ongoing inquiry ‘would be very valuable to the industry

American Airlines Group Inc. announced that Derek Kerr, American’s Vice Chair, President of American Eagle and Strategic Advisor, will retire from the airline Sept. 30.

Saudi Arabia and Oman’s recent decision to permit Israelis overflights is a major regional expansion plan that is by now has created a constructive effect on the airline industry of Israel. From Israel to the Far East, the flight timing …

In the Middle East, bookings between Qatar and the United Arab Emirates (UAE), Qatar and Oman, as well as Qatar and Saudi Arabia, also increased because international travellers lodged in these countries and then shuttled to Qatar for specific matches.