The International Air Transport Association (IATA) released its newest financial outlook, signaling that carriers will deliver a combined net profit of USD 41 billion in 2026, matching the 3.9% margin projected for 2025.
International Air Transport Association
The International Air Transport Association (IATA) has urged Pakistan and Bangladesh to release airline revenues that violate international agreements promptly.
India’s domestic traffic reached 85.7% of the level of 2019 (pre-Covid year) in 2022, according to global aviation organisation IATA.
Malaysia Airlines has six A380s it is struggling to find a customer for and now is openly talking about replacing its fleet of older technology A330 widebody aircraft.
In 2016 Oman Air purchased a pair of Heathrow slots from Air France-KLM for US$75 million! Air traffic at busy airports is handled through the use of slots. A pair of slots gives an airline the right to land and depart an aircraft (at specified times) and use airport facilities.