1d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 15 (Bernama) -- The energy transition, including the development of sustainable aviation fuel (SAF), should be treated as an economic growth strategy by Asia-Pacific governments rather than an aviation-specific issue, according to the International Air Transport Association (IATA).
6d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Global aircraft delivery shortfalls in 2025 now total at least 5,300 aircraft, making aircraft availability one of the most significant constraints on industry growth, according to the Geneva-based International Air Transport Association (IATA).
6d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- A weaker US dollar is expected to benefit non-US dollar-based airlines’ profitability and margins by reducing US dollar-denominated costs such as fuel, aircraft leases and maintenance, said the International Air Transport Association (IATA).
6d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- The Asia-Pacific region is expected to remain the largest contributor to global traffic growth, with lead factors projected to reach 84.4 per cent next year - an all-time high for the region.
6d ago
From Kisho Kumari Sucedaram
GENEVA, Dec 9 (Bernama) -- Sustainable aviation fuel (SAF) production is falling far short of global expectations, forcing airlines to reconsider their 2030 green targets, said International Air Transport Association (IATA) director general Willie Walsh.