The International Air Transport Association (IATA) announced that passenger demand in May (measured in revenue passenger kilometers or RPKs), dropped 91.3 percent compared to May 2019. This was a mild uptick from the 94 percent annual decline recorded in April 2020. The improvement was driven by the recovery in some domestic markets, most notably China. “May was not quite as terrible as April. That’s about the best thing that can be said. As predicted, the first improvements in passenger … [Read more...] about May passenger demand shows slight improvement, says IATA
Covid-19
TIACA launches its second Air Cargo Sustainability Awards
The International Air Cargo Association (TIACA) announced that the second edition of the Air Cargo Sustainability Awards is now open for applications. The competition aims to recognise outstanding businesses and industry initiatives leading the way to more sustainable air cargo. CHAMP Cargosystems, one of the leading industry IT solutions providers, has generously committed to continuing sponsoring these awards. “CHAMP is pleased to continue supporting TIACA for the 2nd edition of the Air Cargo … [Read more...] about TIACA launches its second Air Cargo Sustainability Awards
Vietjet Annual General Shareholders’ Meeting sheds light on positive 2019 performance, creating a strong basis for the airline’s post-pandemic recovery
On 27 June 2020, Vietjet Aviation Joint Stock Company held its 2020 Annual General Shareholders’ Meeting (AGM) to review its 2019 business results and audited financial statements, discussing the company’s plans for 2020. According to the Executive Board’s report from the AGM, 2019 continued to cement the airline’s growth and indicated sustainable development with positive business results. 2019 also marked an important milestone in the new-age carrier’s journey as the airline celebrated its … [Read more...] about Vietjet Annual General Shareholders’ Meeting sheds light on positive 2019 performance, creating a strong basis for the airline’s post-pandemic recovery
The Association of Asia Pacific Airlines has released its traffic results for May 2020
Preliminary May 2020 traffic figures released today by the Association of Asia Pacific Airlines (AAPA) showed that the COVID-19 pandemic continued to weigh heavily on international air passenger and cargo markets, with the travel and tourism sectors crippled by widespread lockdowns and travel restrictions. In aggregate, the region's airlines carried only 785,000 passengers in May, a 97.5 percent decline compared to the same month last year. The slump in demand, combined with a 92.5 percent … [Read more...] about The Association of Asia Pacific Airlines has released its traffic results for May 2020
IATA proposes alternatives to quarantine
The International Air Transport Association (IATA) urged governments to avoid quarantine measures when re-opening their economies. IATA is promoting a layered approach of measures to reduce the risk of countries importing COVID-19 via air travel and to mitigate the possibility of transmission in cases where people may travel while unknowingly being infected. “Imposing quarantine measures on arriving travelers keep countries in isolation and the travel and tourism sector in lockdown. … [Read more...] about IATA proposes alternatives to quarantine
Cologne Bonn Airport takes stock for the first time in a turbulent year
We are now halfway through the current business year – and Cologne Bonn Airport is taking stock for the first time in these highly unusual circumstances. The Airport actually had quite different plans for 2020. The financial basis of the company was to be strengthened with the help of a company-wide programme to improve results which had already been launched in 2019. At the beginning of the year, there was evidence of significant success in this area – but then the coronavirus struck. “2020 … [Read more...] about Cologne Bonn Airport takes stock for the first time in a turbulent year