Fitch Ratings has revised private forecasts of the global passenger traffic for the 2021 and 2022 on account of the Omicron mutations.
airlines
Italia Trasporto Aereo Takes Off in October
A new Italian state airline has emerged from the bankrupt Alitalia. Italia Trasporto Aereo (ITA) take off in October.
Aviasales Snags $43 Million in Additional Funding
Travel meta-search platform Aviasales has just announced receiving $43 million in investment from Elbrus Capital Funds and iTech Capital.
George Mavrokostas Names New CEO of Cyprus Airways
Industry veteran George Mavrokostas has been appointed Chief Executive Officer (CEO) of Cyprus Airways.
Industry Veteran Willie Walsh Takes Helm at IATA
The International Air Transport Association (IATA) has announced that Willie Walsh officially took on the role of Director-General of the organization.
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