IATA Forecasts Record Air Travel in 2025, 5.2 billion
MONTREAL – The International Air Transport Association (IATA) has unveiled its ambitious forecast for 2025, predicting a record-breaking 5.2 billion passengers and a staggering $1 trillion in total revenues for global airlines. This significant milestone underscores the industry’s recovery and … Continue reading IATA Forecasts Record Air Travel in 2025, 5.2 billion
Hopes Rise for Vaccinated Travelers in Europe
GENEVA – The International Air Transport Association (IATA) welcomed the relaxation of COVID-19 border measures for vaccinated passengers, and the broader use of affordable antigen testing adopted by Spain and France this week. This is tempered by ongoing disappointment at … Continue reading Hopes Rise for Vaccinated Travelers in Europe
Air Cargo Demand Reaches All Time High
GENEVA – The International Air Transport Association (IATA) released March 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels (March 2019) with demand up 4.4%. March demand reached the highest level recorded … Continue reading Air Cargo Demand Reaches All Time High
IATA: International Travel Still Largely Shutdown
GENEVA – The International Air Transport Association (IATA) announced that passenger traffic fell in March 2021 compared to pre-COVID levels (March 2019) but rose compared to the immediate month prior (February 2021). Because comparisons between 2021 and 2020 monthly results … Continue reading IATA: International Travel Still Largely Shutdown
IATA: Air Cargo Demand Up 9 percent
GENEVA – The International Air Transport Association (IATA) released February 2021 data for global air cargo markets showing that air cargo demand continued to outperform pre-COVID levels with demand up 9% over February 2019. February demand also showed strong month-on-month … Continue reading IATA: Air Cargo Demand Up 9 percent