Economy
World / Countries / MNCs
Geneva: The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. more
Emirates chief warns it may take 18 months for aviation sector to recover

Dubai: Keeping in mind the current situation emerging due to COVID-19 outbreak across the globe, gulf aviation giant Emirates on Sunday said it may take at least 18 months for travel dema ...

Improved economic conditions boost air-traveller numbers worldwide – UN agency

New York, Jan 19 (JEN):A record 4.1 billion passengers took to the skies in 2017 onboard some 37 million scheduled flights globally, the United Nations civil aviation agency reported Thur ...