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Global airline industry to post $36.6bn net profit in 2025: IATA

The global airline industry is expected to post $36.6 billion in net profits for 2025, a 3.6 percent net profit margin, despite hit by...

Supply chain issues continue to impact airlines into 2025: IATA

The International Air Transport Association (IATA) expects severe supply chain issues to continue to impact airline performance into 2025, raising costs and limiting growth....

IATA slams new Spanish cabin baggage decision

The International Air Transport Association (IATA) has strongly condemned a recent decision by the Spanish government to override European law, remove cabin baggage fees...

IATA to offer digital currencies in financial settlement systems

The International Air Transport Association (IATA) has announced that it will offer digital currencies in the financial settlement systems it operates for the aviation...

Sustainable aviation fuel output to triple in 2024: IATA

The International Air Transport Association (IATA) announced at a summit in Dubai, that its projections for a tripling of Sustainable Aviation Fuels (SAF) production...

Riyadh Air and Egypt Air sign MoU at IATA AGM to offer benefits and connectivity

Riyadh Air, Saudi Arabia's new digitally native airline, has signed a Strategic Cooperation Memorandum of Understanding (MoU) with EGYPTAIR, the country’s national carrier, based...

Emirates, Airbus and IATA collaborate on training initiative

The International Air Transport Association (IATA), Emirates, and Airbus have joined forces to deliver a competency-based training and assessment (CBTA) programme for the Airbus...

IndiGo CEO Pieter Elbers is new Chair of IATA Board of Governors

The International Air Transport Association (IATA) announced that the CEO of IndiGo, has assumed his duties as Chair of the IATA Board of Governors...

IATA says 73 CEOs subscribe to safety charter

The International Air Transport Association (IATA) said that 73 airline CEOs have subscribed to the IATA Safety Leadership Charter, reinforcing the aviation sector’s commitment...

Riyadh Air and Singapore Airlines establish new commercial partnership

Riyadh Air and Singapore Airlines (SIA) have signed a Memorandum of Understanding (MoU) to establish a new partnership between the two airlines. The agreement was...

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