Travel Idea Ltd.: 20 years of strong presence in the market

Travel Idea Ltd., a leading company in the travel and tourism industry since 1998, has been bringing the world closer by offering travel solutions for every occasion and at any time. Certified by IATA for 20 years, the company’s mission is customer satisfaction, guided by innovation and responsiveness to every demand. Over the years, Travel […]

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IATA: A “strong” summer is coming, with a “come-back” of Asian passengers

IATA reported an 11% increase in global passenger demand in April 2024, underscoring optimism for the summer travel season. The International Air Transport Association (IATA) has published the following figures: Total demand, measured in passenger mileage revenue (RPK), increased by 11% compared to April 2023. Total capacity, measured in available seat kilometres (ASK), grew by […]

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Airline Profitability Outlook Strengthens

The International Air Transport Association (IATA) announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. Highlights include: Airline industry net profits are expected to reach $9.8 billion in 2023 (1.2% net profit margin) which is more than double the previous forecast of $4.7 billion (December 2022). Airline industry […]

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IATA: Frustration with travel restrictions grows

The International Air Transport Association (IATA) reported that air travelers are increasingly frustrated with the COVID-19 travel restrictions. A survey commissioned by IATA of 4,700 respondents in 11 markets in September demonstrated confidence that the risks of COVID-19 can be effectively managed and that the freedom to travel should be restored. 67% of respondents felt […]

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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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Re-open Borders with Simplified Risk Management

The International Air Transport Association (IATA) called for an end to wildly inconsistent COVID-19 travel restrictions that are stalling the recovery of air transport. It urged governments to implement simplified regimes to manage the risks of COVID-19 as borders re-open to international travel. “Travel restrictions bought governments time to respond in the early days of […]

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European travel rules confusion wasting advantages of Digital Covid Certificate

The International Air Transport Association (IATA) warned that free movement within Europe is being compromised by the failure of EU member states to harmonize COVID-19 entry regulations. As a result, the reopening of borders is confusing travelers and businesses and not delivering the expected benefits in terms of easier travel and economic recovery. IATA research […]

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IATA: July passenger traffic boost, but well below pre-Covid levels

The International Air Transport Association (IATA) announced that both international and domestic travel demand showed significant momentum in July 2021 compared to June, but demand remained far below pre-pandemic levels. Extensive government-imposed travel restrictions continue to delay recovery in international markets. Because comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact […]

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Airline Industry Statistics Confirm 2020 Was Worst Year on Record

The International Air Transport Association (IATA) released the IATA World Air Transport Statistics (WATS) publication with performance figures for 2020 demonstrating the devastating effects on global air transport during that year of the COVID-19 crisis. 1.8 billion passengers flew in 2020, a decrease of 60.2% compared to the 4.5 billion who flew in 2019 Industry-wide air travel demand […]

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IATA: June air travel recovery continues to disappoint

The International Air Transport Association (IATA) announced passenger demand performance for June 2021 showing a very slight improvement in both international and domestic air travel markets. Demand remains significantly below pre-COVID-19 levels owing to international travel restrictions. As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19, unless otherwise […]

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