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IATA: Airlines heading for a decade in the black

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3...

Air Cargo Cargo is a tough business

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 3.1% in October 2018, compared to the same period the year before. This pace of growth was up from a 29-month low of 2.5% in September. 

China Eastern to add new planes and boost international services

China Eastern Airlines Corp, the nation's second-largest carrier by passengers, will accelerate capacity growth in the second half to 10% as it adds new planes and boosts international services.

Air Canada adjusts outlook in light of sustained high fuel costs

Air Canada said that it is adjusting its previously communicated plans for 2011 system capacity growth in light of sustained high fuel costs. AC had said back on Feb.
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