New York – The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. Considering that growth for the region’s airlines was forecast to be 4.8%, the net impact will be […]
world airlines
Aeroflot Reaffirms Global Leadership at the World Travel Awards 2019
Aeroflot has affirmed its position as a leader in global aviation by taking home two top prizes at the World Travel Awards 2019.
AEGEAN Voted World’s 5th Best International Airlines
Greek carrier Aegean Airlines was voted fifth on the list of the 20 Best Airlines in the World (outside the US) for 2018
Korean Air Buys 44% Stake in Czech Airlines
Korean Air and Czech Airlines finalized the former’s buyout of 44% of the Czech carrier making the Korean airline their second largest stakeholder.
Alitalia On Bad PR and Profits Course
Just when European airline Alitalia could least afford bad publicity, news from the US Department of Transportation (DOT) tells of a fine of $125,000 levied against the airline for deceiving two passengers about their compensation rights.
US Airways Sabre Deal Calms Travel War Waters
In airline travel news, US Airways just announced the signing of a multi year contract for full content distribution and merchandising with Sabre Travel Network. This latest news, pertinent to the ongoing wars between the various online agents and service providers, is at least a positive sign for global distribution players.