Total airline industry revenues are expected to exceed the trillion-dollar mark for the first time ever next year. According to the International Air Transport Association (IATA)'s latest financial outlook, global airline industry revenues will reach $1.007tn in 2025 - an increase of 4.4 per cen...

American Airlines CEO, Robert Isom, has urged Boeing to "get your act together" amid the ongoing safety crisis that has engulfed the plane maker since a door panel blew off an Alaska Airlines plane mid-flight in January. Isom reaffirmed the airline's commitment to the manufacturer but said Americ...

By Edward Robertson IATA is warning the world’s airline industry faces another bad year with 2021 expected to be cash negative as airlines burn between $75 billion and $95 billion just to stay in business. The money required to keep airlines in business is nearly double the previously predic...

By Jonathan Josephs, BBC News The world's airlines need another $70-$80bn of government support to get through the crisis caused by the coronavirus pandemic. That's according to the head of the International Air Transport Association (IATA), which is the trade association for t...

By DAVID KOENIG AP Airlines Writer The airline industry has been shaken to its core by the pandemic, pushing some foreign carriers into bankruptcy and driving a few small U.S. ones out of business. Leaders of the large airlines were stunned when the CEO of Boeing predicted during a nationally te...

The International Air Transport Association (IATA) warned that the airline industry will burn through $77 billion in cash during the second half of 2020 (almost $13 billion/month or $300,000 per minute), despite the restart of operations. The slow recovery in air travel will see the airline industry...

​​​In alignment with leading airlines and associations, APEX (Airline Passenger Experience Association) today expanded its call for government action calling for a quarter-trillion dollars (USD $250 billion) of global government support for the airline industry in response to COVID-19. ...