Travelers are less concerned about catching the virus when they can control their own personal space and don’t have prolonged interaction with strangers
1 min read24 Nov 2020The first cross-border IATA Travel Pass is slated to launch during the January-March 2021 period
1 min read23 Nov 2020While traffic picked up as restrictions were eased, it has begun to slow again in recent weeks as the circulation of the coronavirus has surged in numerous countriesIATA forecasts the revenue of airlines to come in at $419 billion, half of the 2019 level
2 min read20 Nov 2020One of the biggest disappointments has been the absence of highly lucrative business class travellersThe industry as a whole is hoping that the introduction of airport testing systems will restore passenger confidence
3 min read18 Oct 2020Domestic markets continued to outperform international markets in terms of recovery although most remained substantially down
1 min read1 Oct 2020August passenger demand continued to be hugely depressed against normal levels, with revenue passenger kms down 75.3% compared to August 2019IATA said that airlines in the Asia-pacific region, including India, have been the worst hit by the covid-19 pandemic
1 min read29 Sep 2020The International Air Transport Association pushed back its prediction by one year, to 2024, due to the slow containment of the outbreak in the US and developing countries
1 min read28 Jul 2020The carriers in Asia-Pacific will post losses of $29 billion in 2020, according to Iata
1 min read13 Jul 2020The losses this year will be the biggest in aviation history—over $84 billion in 2020 and nearly $16 billion in 2021By comparison, airlines lost $31 billion with the Global Financial Crisis and oil price spike in 2008 and 2009
2 min read9 Jun 2020The International Air Transport Association (IATA), however, said global passenger traffic dived 52.9 per cent compared to the same period a year agoIndia has been under lockdown since March 25 to curb coronavirus, which has killed more than 1,000 people in the country till now
1 min read29 Apr 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared