IATA Director General Willie Walsh says the chances of mergers or acquisitions materializing is low because airlines still need to repair their balance sheets.
The European Parliament has approved the introduction of a 75/25 slot rule for winter 2022/23, ahead of returning to the standard 80/20 ‘use it or lose it’ rule in summer 2023.
IATA has seen a “halo effect” from the COVID-19 pandemic on its New Distribution Capability (NDC) system for airline bookings that it hopes will help accelerate uptake.
IATA says SAF production needs to increase from roughly 100 million liters (26.4 million gal.) annually in 2021 to 449 billion liters (119 billion gal.) to meet the industry’s goal of net zero carbon emissions.
ACI World director general Luis Felipe de Oliveira has hit back at claims made by IATA director general Willie Walsh that many airports are “addicted to a ‘spend big and cream it off the customer’ mentality.”
IATA Director General Willie Walsh said he is “very positive” about the recovery, with the number of airport pairs connected by direct air service set to return above the 20,000 mark this year.
IATA Director-General Willie Walsh said he is “very positive” about the recovery, with the number of airport pairs connected by direct air service set to return above the 20,000 mark this year.