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On March 24, IATA estimated $252 billion in lost revenues (-44% vs. 2019) in a scenario with severe travel restrictions lasting three months.

Passenger revenues of airlines will decline 55% in 2020 compared to 2019: IATA

15 April 2020 11:42 AM IST

April 15: The International Air Transport Association (IATA) released an updated analysis showing that the COVID-19 crisis will see airline passenger...

TIACA, the sole organization dedicated exclusively to representing air freight, defended its members%u2019 interests before the Council.

Working together is the key for recovery from COVID-19 crisis: aviation industry

12 April 2020 12:31 PM IST

April 12, 2020: The International Civil Aviation Association held its informal council meeting with other organisations including International Air...

Globally, the livelihoods of some 65.5 million people are dependent on the aviation industry, including sectors such as travel and tourism.

World will lose 25 million jobs due to plummeting air travel demand: IATA

9 April 2020 10:09 AM IST

April 9, 2020: The International Air Transport Association (IATA) has released a new analysis showing that some 25 million jobs are at risk of...

IATA anticipates that will be in the late third or early fourth quarter of 2020.

IATA postpones 76th Annual General Meeting

4 April 2020 1:16 PM IST

April 4, 2020: The International Air Transport Association (IATA) announced the postponement of the 76th Annual General Meeting (AGM) and World Air...

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...