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IATA is estimating that 68.5 million passengers will be lost, 2.2 million people will lose their jobs, $12.7 billion shrinkage in GDP and $8.8 billion revenue loss for the country%u2019s airline industry.

India is yet to take any decisive or effective action to help airline industry: IATA

4 April 2020 10:17 AM IST

April 4, 2020: The International Air Transport Association (IATA), while its request to Asia-Pacific states to take urgent action to provide financial...

This analysis is based on the impact assessment IATA released last week, under a scenario in which severe travel restrictions last for three months.

Airlines will burn $61 billion of their cash reserve in April-June quarter: IATA

2 April 2020 2:49 PM IST

April 2, 2020: The International Air Transport Association (IATA) published new analysis showing that airlines may burn through $61 billion of their...

We still have examples of cargo flights filled with life-saving medical supplies grounded due to cumbersome and bureaucratic processes to secure slots and operating permits.

IATA calls for quick landing permits, interim traffic rights & waive slot rules to keep air cargo moving

25 March 2020 7:02 PM IST

March 25, 2020: The International Air Transport Association (IATA) and renewed its call to governments to take urgent measures for smooth air cargo...

China Eastern used two passenger aircraft as cargo plane with whole cabin filled with medical supplies to Prague, Czech.

Traffic approval delays, crew held in quarantine & blanket bans affecting air cargo: IATA CEO

25 March 2020 12:02 PM IST

March 25, 2020: Alexandre de Juniac, director general & CEO, International Air Transport Association (IATA), while releasing the updated analysis of...

Revenue passenger kilometers (RPKs) of airlines in Asia Pacific would alone decline 37 percent and stand to lose $88 billion compared to 2019.

Airlines need $200 billion in liquidity support simply to survive: IATA

25 March 2020 10:49 AM IST

March 25, 2020: The International Air Transport Association (IATA) now estimates that passenger revenues of global air transport industry could...

Air cargo is also instrumental in transporting food and other products purchased online in support of quarantine and social distancing policies implemented by states.

Coronavirus: IATA urges govts to ensure air cargo capacity to fight outbreak

18 March 2020 11:45 AM IST

March 18, 2020: International Air Transport Association (IATA) urged governments to take urgent measures to ensure that air cargo will be available to...