North America

IAG says recovery being led by long-haul, expects return to profit in 2022

IAG, the owner of British Airways and Iberia, says recovery is being led by long-haul bookings and it expects to return to profit in 2022  ...


Air cargo growth to continue into year-end peak: IATA

IATA expects the strong growth seen in air cargo to continue in the peak freight period at the end of the year, though warns of risks from new COVID outbreaks  ...


How did August 2018 passenger demand do across the globe?

The latest update from IATA – on global passenger traffic data for August 2018 – was released on October 1, 2018, showing that demand (RPKs) climbed 6.4% compared to the year-ago period. Capacity (ASKs) increased by 5.5%, while load factor climbed 0.7% percentage point to 85.3%, – the highest for any month since at least 1990....


IATA reports “solid” growth in July 2018, slaps EU AT controllers

The International Air Transport Association (IATA) reports growth of passenger demand in all regions in July 2018. Total revenue passenger kilometers (RPKs) rose 6.2% in comparison to July 2017, while available seat kilometers (ASKs) increased by 5.5% and load factor rose to 85.2%. Despite positive results, the association still expects rising fuel costs to have a negative effect on market growth....


JAL incorporates new long-haul LCC business, revises fleet plans

Japan Airlines (JAL) has formally established a new company that will operate flights for its new long-haul LCC unit ahead of the planned summer 2020 launch date. ...


IATA sees jet fuel price drop back, continue on modest decline

Jet fuel fell back below $90 a barrel as oil prices eased slightly in July, but the upward trend remains in place, the IATA has said in its latest report. ...


Piper delivers 42 planes in Q3

Piper Aircraft announced its aircraft sales and delivery results for the third quarter of 2017, ending September 30th.  Aircraft sales continued to grow in both the Trainer class and M-class product lines with the flagship M600 and the single engine Archer TX trainer leading the sales expansion for the company....