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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.
'Bring 'em on': Delta wants United's crown over the Pacific, too
RIO DE JANEIRO — Delta Air Lines is the nation's most profitable carrier, but its hungry rival, United Airlines, is far bigger over the Pacific. Delta's new president, Peter Carter, says that just won't stand. "We want to become stronger, better, faster in the trans-Pacific, and we want to become the leading U.S. carrier" across the Pacific, Carter told CNBC in an interview here during the International Air Transport Association's annual meeting.
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...
United CEO brushes off airline mergers after American rejection: 'There's nothing'
RIO DE JANEIRO — United Airlines CEO Scott Kirby said he doesn't expect more airline consolidation in the U.S. and he's not interested in pursuing a merger for his airline after American Airlines rejected the idea of a combination earlier this year. "United's not going to do a deal just to do a deal," Kirby told reporters Sunday on the sidelines at the International Air Transport Association's annual meeting.
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."
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.
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.
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...
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...
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...