Aviation Industry

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Moderate slowdown in passenger demand growth: IATA

Geneva [Switzerland], Dec 6: The International Air Transport Association (IATA) announced global passenger traffic data for October on Thursday showing that demand (measured in total…

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Global economic slowdown eroding profitability of aviation industry: AAPA

Kuala Lumpur [Malaysia], Nov 25: The aviation industry is entering a challenging phase with strategic development and profitability being threatened by a slowing global economy,…

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Air India CMD tries to quell protests against disinvestment

Mumbai (Maharashtra) [India], Nov 8: A day after employee unions of Air India decided to oppose privatisation of the government-owned airline, Chairman and Managing Director…

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Business News

Passenger demand continues on moderate upward path: IATA

Geneva [Switzerland], Nov 8: The International Air Transport Association (IATA) has released global passenger traffic results for September showing that demand measured in revenue passenger…

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Business News

InterGlobe posts Rs 1,062 crore loss in Q2 due to high costs

Gurugram (Haryana) [India], Oct 24 : InterGlobe Aviation, the parent company of low-cost airline IndiGo, on Thursday reported a net loss of Rs 1,062 crore…

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Business News

Moderate growth in air passenger markets and weak air cargo demand as global economy slows

Kuala Lumpur [Malaysia], Oct 24: Preliminary traffic figures for September released on Thursday by the Association of Asia Pacific Airlines (AAPA) showed continued moderate growth…

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