Below you'll find a list of all posts that have been tagged as “IATA”
Africa’s largest airline, Ethiopian, said it is welcoming back business and leisure travelers with programs aimed at safeguarding their health and safety. According to Ethiopian, the program will reinforce Ethiopian’s pledge to protect the health and safety of its customers and staff. It includes the steps the airline is taking to maintain customer and staff well-being throughout the service …
The International Air Transport Association (IATA) has released criteria for the use of COVID-19 testing in the travel process. Should governments choose to introduce COVID-19 testing for travelers arriving from countries considered as high risk, testing must deliver results fast, be able to be conducted at scale, and operate to very high rates of accuracy. Additionally, testing must be cost-effective …
The International Air Transport Association (IATA) said it has introduced a free online interactive world map to provide travelers with the latest COVID-19 entry regulations by country. The map relies on IATA’s Timatic database which contains comprehensive information on documentation required for international travel. To keep pace with the dynamic situation with respect to COVID-19, Timatic is updated more than …
The International Air Transport Association (IATA) has released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to $15.8 billion as revenues …
The International Air Transport Association (IATA), Airports Council International- Africa (ACI Africa) and the International Civil Aviation Organization (ICAO) Regional Offices for African States are united in their calls on governments in Africa to rapidly implement ICAO’s global guidelines for restoring air connectivity to ensure the safe and harmonized restart of aviation in the region. These guidelines are contained in …
The International Air Transport Association (IATA) have released the data for global air freight markets in April showing that demand dropped 27.7% compared to the same period in 2019 the sharpest fall ever recorded. Still, there was insufficient capacity to meet demand as a result of the loss of belly cargo operations on passenger aircraft. Global demand, measured in …
The International Air Transport Association (IATA) announced that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April plunged 94.3% compared to April 2019, as the COVID-19-related travel restrictions virtually shut down domestic and international air travel. IATA described it as a rate of decline never seen in the history of IATA’s traffic …
The International Air Transport Association (IATA) has called on the Government of Tunisia to urgently provide financial relief measures for the aviation industry in order to mitigate the effects of the COVID-19 crisis on the nation’s economy. According to IATA, revenues generated by airlines in the Tunisian market will fall by $0.6 billion in 2020, 47% below 2019 levels. …
The International Air Transport Association (IATA) released an analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increase over debt levels at the start of 2020. IATA said $67 billion of the new debt is composed of government loans ($50 billion), deferred taxes ($5 billion), and loan guarantees ($12 …
The International Air Transport Association (IATA) released an analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increase over debt levels at the start of 2020. IATA said $67 billion of the new debt is composed of government loans ($50 billion), deferred taxes ($5 billion), and loan guarantees ($12 billion). …
