Tag: Airline Industry
Ten Unique Destinations Join FlyDubai’s Growing Network
• The Dubai-based carrier resumes flights to popular seasonal summer destinations from 23 June, flydubai grows its network to more than 100 destinations with...
Reduced Losses for Airlines but Continued Pain in 2021
IATA expects net airline industry losses of $47.7 billion in 2021 (net profit margin of -10.4%)
The International Air Transport Association (IATA) expects net airline...
COVID-19 Puts Over Half of 2020 Passenger Revenues at Risk, Says...
The International Air Transport Association (IATA) released updated analysis showing that the COVID-19 crisis will see airline passenger revenues drop by $314 billion in...
Emirates Puts Customers First in COVID-19 Waiver Policies
Emirates puts customers first in COVID-19 waiver policies
Simplifies waivers and refunds policy with one unified approach worldwide
Eases concerns about pre-booked summer...
Middle East Airlines Predicted to Hit Record Profits in 2013
Airlines based in the Middle East are forecasted to have record-breaking profits of $1.4 million this year.
Last year, Middle East airlines managed to...
IATA forecasts small boost to airline industry profitability
The International Air Transport Association (IATA) announced a modest improvement in its outlook for the 2013 financial performance of the global airline industry...
Airlines to Welcome 3.6 Billion Passengers in 2016
China Accounts for Nearly One in Four Additional Passengers
The International Air Transport Association (IATA) released an industry traffic forecast showing that airlines expect to...
Etihad Airways partners with Air France, KLM
Rapidly expanding Abu Dhabi-based carrier Etihad Airways has agreed to jointly market some of its flights with Air France-KLM. The new venture could...
Airlines’ profitability pressured by high oil prices
Oil prices are high, although moderating somewhat from recent peaks
The profitability of the global airline industry will remain under pressure amid high oil prices,...
Middle East carriers expected to post lower profits in 2012
Middle East carriers are expected to post a $300 million profit, less than half the previously forecast $700 million profit, as long-haul market conditions deteriorate, in particular those linked to the weak European economies.