Tag: Airline Industry

• Wednesday, June 10th 2020 - 22:01 UTC

  Airline industry losses forecasted to top US$84 billion in 2020, estimates IATA

  

  Passenger revenues are expected to fall to US$241 billion (down from US$ 612 billion in 2019). This is greater than the fall in demand, reflecting an expected 18% fall in passenger yields as airlines try to encourage people to fly again through price stimulation. Load factors are expected to average 62.7% for 2020, some 20 percentage points below the record high of 82.5% achieved in 2019.

• Friday, March 29th 2019 - 09:11 UTC

  UK airlines face legal action from air staff for exposure to “aerotoxic syndrome”

  

  One of the UK's largest airlines are facing legal action which claims pilots and cabin crew are regularly exposed to toxic fumes during flights. The Unite union said legal notice has been served in 51 cases, the majority of which are against British Airways.

• Friday, October 13th 2017 - 14:05 UTC

  Ryanair set to challenge Lufthansa deal to buy failed Air Berlin

  

  Ryanair is set to challenge a Lufthansa deal to buy parts of failed German carrier Air Berlin. The budget Irish airline said it would take the €210m deal to European competition authorities.