Rolls-Royce to cut 9,000 jobs as demand for air travel crashes

May 20, 2020

London [UK], May 20 : British aircraft engine manufacturer Rolls-Royce is cutting at least 9,000 jobs due to collapse in demand for air travel...

2020 worst year in history for air travel demand: IATA

Feb 04, 2021

Geneva [Switzerland], February 4 : The International Air Transport Association (IATA) has announced full-year global passenger traffic results for 2020 showing that demand (revenue...

Indigo's profits fly almost 1,000 pc in December quarter

Feb 03, 2023

In its earnings report published today, the airline operator attributed the rise in profits to robust demand for air travel - after Covid restrictions.

June air travel recovery continues to disappoint: IATA

Jul 31, 2021

Geneva [Switzerland], July 31 : The International Air Transport Association (IATA) has announced passenger demand performance for June showing a very slight improvement in...

Air passenger traffic sees momentum but well below pre-Covid levels

Sep 02, 2021

Geneva [Switzerland], September 2 : Both international and domestic air travel demand showed significant momentum in July compared to June but demand remained far...

Negative air passenger demand trend continues globally: IATA

Apr 08, 2021

Geneva [Switzerland], Apr 8 : The total demand for air travel in February measured in revenue passenger kilometres was down 74.7 per cent compared...