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Air passengers urged to leave bags behind during evacuations in new IATA campaign

Air passengers urged to leave bags behind during evacuations in new IATA campaign A survey commissioned by IATA of recent air travellers in Singapore, the United States, the United Kingdom and the United Arab Emirates found "critical gaps" in safety knowledge. SINGAPORE: The International Air Transport Association (IATA) on Monday (Jun 8) launched a global passenger safety campaign urging travellers to leave cabin baggage behind during aircraft evacuations.

Channel News Asia 1d ago

Airline profits set to halve this year as fuel costs jump by $100 billion: IATA

The International Air Transport Association warned that global airlines can expect to see profits plunge by half in 2026 as the rising cost of jet fuel continues to squeeze the industry. Oil prices jumped and jet fuel costs soared after the U.S.-Iran conflict began on Feb. 28, noted IATA's outgoing director general Willie Walsh, adding to the challenges he said airlines have faced in recent years from the Covid-19 pandemic to the war in Ukraine. "As a result, we expect average jet fuel...

CNBC 2d ago

Air New Zealand CEO on Consolidation & Price Increases

Air New Zealand CEO Nikhil Ravishankar speaks at the International Air Transport Association (IATA) on flight consolidation and price increases to meet demand.

Bloomberg Markets 3d ago

Etihad Airways CEO Antonoaldo Neves on Fuel Prices

Etihad Airways CEO Antonoaldo Neves speaks at the International Air Transport Association (IATA) on fuel prices saying "things are coming back."

Bloomberg Markets 3d ago

China’s C919 jet poised to tackle ageing domestic fleet: industry official

China’s massive civil aviation fleet is ageing faster than planes are being replaced, threatening to saddle airlines with higher costs, but orders for home-grown C919 jets could help stem the tide, according to the head of north Asia for the International Air Transport Association (IATA). Current aircraft replacements are failing to reach 2019 levels despite recent orders of Airbus and Boeing jets, IATA regional vice-president Xie Xingquan said at the industry group’s annual general meeting...

South China Morning Post 2d ago

Airline chiefs grapple with fuel shock, fare test at Rio summit

Airline chiefs grapple with fuel shock, fare test at Rio summit RIO DE JANEIRO: Global airline chiefs open their annual summit in Rio de Janeiro on Saturday (Jun 6) facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity. The Jun 6 to Jun 8 annual meeting of the International Air Transport Association (IATA) comes as that fuel shock collides with...

Channel News Asia 4d ago

Embraer Arijan Meijer on Tariff Impact Within Aviation

Embraer CEO Arijan Meijer speaks at the International Air Transport Association (IATA) on the impact of tariffs saying it "makes sense" for aviation to be excluded.

Bloomberg Markets 3d ago

The jet fuel shock wipes out half of the global airline industry's expected profits

Revenues are forecast to rise strongly and passenger traffic to hit new records, yet the global airline industry is seeing profits squeezed by an Iran war-driven jet fuel price shock, according to the industry's latest outlook. Air travel demand is strong and revenues are growing across the airline industry, yet profits are expected to halve in 2026 as soaring jet fuel prices hit companies worldwide, according to the International Air Transport Association (IATA). This is stated in the...

Euronews 2d ago

British travellers told to prepare for six-hour airport queues due to EU entry-exit checks

British travellers told to prepare for six-hour airport queues due to EU entry-exit checks ‘Aviation is being treated as a political football’, said Iata vice president - Bookmark - CommentsGo to comments British travellers have been warned of queues up to six hours long at European airports this summer. Rafael Schvartzman, the vice-president for Europe at the International Air Transport Association (Iata), said the EU’s new border system meant a “hard risk” of long waiting times and missed...

The Independent UK 2d ago

Aviation leaders face Iran war fuel shock, rising fare prices at Rio summit

Global ⁠airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry’s post-pandemic recovery, as the Iran war drives up fuel costs and disrupts airspace while carriers try to cushion the blow with higher fares and tighter capacity. The annual meeting of the International Air Transport Association (IATA) from Saturday to Monday ‌comes as that fuel shock collides with another problem airlines cannot quickly fix: a shortage of new aircraft.

South China Morning Post 4d ago