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Smaller airlines eye buyout route to spread wings
In a recent bid, JetBlue acquired Spirit Airlines increasing its current fleet by 60% with more than 450 planes instead of purchasing new planes from...
Is net-zero aviation by 2050 feasible?
The aviation sector is now on track to reach about 4-mn tonnes of CO2 emissions by 2050 as an industry, which would represent about a 70-75% reduction...
New Covid variant Omicron likely to derail travel industry recovery
The World Health Organization (WHO) has designated the newly identified variant, B.1.1.529, as a variant of concern, named Omicron.
Global demand for air travel, air cargo improving
The recent re-openings of boarders for vaccinated travellers should give a boost to the large-scale restoration of the freedom to travel; the...
Govt-imposed restrictions continue to hinder revival of intl travel
The financial losses of airlines globally have been close to a staggering figure of $370 billion. In India alone, last year losses have been close to...
Can IATA's travel pass make travelling safe?
With six more airlines implementing IATA travel pass it seems like travel and tourism will get its mojo back
Global airline industry expected to cut losses in 2022
Net industry losses are expected to reduce to $11.6 bn in 2022 after a $51.8 bn loss in 2021
Global air travel remains in deep crisis: IATA
Still accounts for just 22% of 2019 level, says airlines body