Qatar Airways' chief executive said on Monday the industry's net-zero 2050 target, which was set last year, would be difficult for airlines to achieve. It is going to be "very challenging", Akbar Al Baker told a press conference at the International Air Transport Associations annual meeting of airline chiefs in Doha.
The head of the world's biggest airline trade body said on Monday that he remains confident that the industry will return to profitability in 2023, even though there may still be a disconnect between capacity and demand until the first quarter.
The head of the world's biggest airline trade body said on Monday that he remains confident that the industry will return to profitability in 2023, even though there may still be a disconnect between capacity and demand until the first quarter.
British transport minister Grant Shapps said on Sunday the government would work hard with the aviation industry to avoid a repeat of the chaos at airports last week as passengers faced lengthy delays and cancellations of hundreds of flights.
American Airlines Group Inc (AAL) has become the latest U.S. carrier to lift its forecast for quarterly revenue, another sign that pandemic-weary travelers were shrugging off rising airfares to plan more leisure trips.
American Airlines Group Inc (AAL) lifted its revenue forecast for the second quarter on Friday, citing robust demand and a strong pricing environment. The airline said it now expects revenue for the period to rise between 11% and 13% over pre-pandemic levels, compared with its prior view of a 6% to 8% increase.
-Delta Air Lines Inc and United Airlines on Wednesday played down the risk of a U.S. economic recession and said a switch in consumer spending to services from goods would keep their businesses humming. Delta also lifted its revenue forecast for the quarter through June despite trimming capacity, suggesting rising air fares have not deterred travelers.
Delta Air Lines Inc (DAL) and United Airlines on Wednesday played down the risk of a U.S. economic recession and said a switch in consumer spending to services from goods would keep their businesses humming. Delta also lifted its revenue forecast for the quarter through June despite trimming capacity, suggesting rising air fares have not deterred travelers.
-Delta Air Lines Inc (DAL) and United Airlines on Wednesday played down the risk of a U.S. economic recession and said a switch in consumer spending to services from goods would keep their businesses humming. Delta also lifted its revenue forecast for the quarter through June despite trimming capacity, suggesting rising air fares have not deterred travelers.
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