IATA: Losses reduce but challenges continue|Cumulative $201 billion losses for 2020-2022

The International Air Transport Association (IATA) announced its latest outlook for airline industry financial performance showing improved results amid the continuing COVID-19 crisis: Net industry losses are expected to reduce to $11.6 billion in 2022 after a $51.8 billion loss in 2021 (worsened from the $47.7 billion loss estimated in April). Net 2020 loss estimates […]

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Airlines Add Back Another 3.1 Million Seats This Week

The challenges of the airline industry are captured in this week’s data short-term growth clouded by the reality of having to cut another 7.9 million seats from the planned July schedules. For every positive indicator, there seems to be an immediate response with further lockdowns or bubbles deflating. This weekend saw a very small Covid-19 […]

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Jet2.com and Jet2holidays boosts October capacity to Corfu, Kos, Rhodes and Madeira

Jet2 Group quickly stepped in to meet the demand from British holidaymakers for some much-needed October sunshine, by adding more flights to Corfu, Kos, Rhodes and Madeira – meaning the addition of over 70 new flights. Jet2 have added flights to the four destinations which are all experiencing a spike in demand during October, representing […]

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iata

Modernize Air Traffic Management, Control Airport Charges and Future-proof Terminal and Runway Capacity to Support Aviation Development in Greece|STUDY

To continue building on the success of its air transport industry, Greece should work to modernize its airspace, keep airport charges under control and expand terminal and runway capacity to meet the upcoming increase in passenger demand, according to a recent study about air transport competitiveness. The study, titled Greece Air Transport Regulatory Competitiveness Indicators, […]

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ryanair

Ryanair May traffic grows 11% to 11.8 m. customers

Ryanair, Europe’s today (6 June) released May traffic statistics as follows: Traffic grew 11% to 11.8m customers. Load factor rose 1% point to 95% Rolling annual traffic to May grew 13% to 122.5m customers.   May 16 May 17 Change Customers 10.6M 11.8M +11% Load Factor 94% 95% +1% Ryanair’s Kenny Jacobs said: “Ryanair’s May […]

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