Tag: Alexandre de Juniac

IATA predicts $95bn airlines cash burn in 2021 due to Covid-19

IATA predicts $95bn airlines cash burn in 2021 due to Covid-19

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...

Airline industry needs up to another $80bn to survive pandemic

Airline industry needs up to another $80bn to survive pandemic

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...

IATA Chief Discusses ‘State of the Industry’

The International Air Transport Association (IATA) chief Alexandre de Juniac delivered his take on the state of the industry at the IATA annual general meeting held virtually on Nov. 24. The executive called on airlines and other industry stakeholders for immediate action in working to open up the s...

IATA CEO Alexandre de Juniac steps down after four years

IATA CEO Alexandre de Juniac steps down after four years

The International Air Transport Association (IATA) announced that Alexandre de Juniac, Director General and CEO will step down from his role at the Association effective 31 March 2021. De Juniac made known his intention to step down from the Association several months ago which enabled a search pro...

Sluggish Improvement in Passenger Demand Continues in July

Sluggish Improvement in Passenger Demand Continues in July

The International Air Transport Association (IATA) announced that passenger demand in July (measured in revenue passenger kilometers or RPKs), continued at critically low levels--79.8% below July 2019 levels. This was somewhat better than the 86.6% year-over-year decline recorded in June, primarily ...

Industry Losses to Top $84 Billion in 2020

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, loss...

Alexandre de Juniac: Global airlines face emergency, need rescue package now

Remarks of Alexandre de Juniac at the IATA Media Briefing on COVID-19, 24 March 2020: "Brian’s analysis paints a very bleak picture. Airlines are united with the global effort to stop a virus that is overwhelming our healthcare systems and threatening many lives. This is having a major impact ...

IATA: COVID-19 Impact on Aviation Demand and Revenues

The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. Considering that growth for the region’s airl...

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