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The Latest Breaking News from IATA

Which Stock is Flying Higher: JetBlue Airways (JBLU) or American Airlines (AAL)?

Driven by robust demand, the airline industry is recovering and is projected to achieve profitability this year. While prominent players JetBlue Airways (JBLU) and American Airlines (AAL) should benefit, which stock is the better buy now? Read more to find out.

StockNews.com

Airlines set the stage for green jet fuel

The International Air Transport Association (IATA) recommends public financing and diversifying production sources for sustainable aviation fuel (SAF) as strategies to achieve net zero emissions by 2050.

Bangkok Post

India has right vision for aviation industry; need to be cautious about high taxes: IATA

India has the right vision and well-timed strategy for the aviation sector, but it should also be ensured that the positive impact is not curtailed by too many taxes

The Hindu

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Airlines hope that sustainable fuels will propel them to a guilt-free future

Could a normal jet engine really be net zero? Aviation executives certainly seem to hope it can, but others have doubts

The Guardian - UK

Airfares may stay sky-high, say industry experts

PARIS: Despite the recent fall in oil prices, high airfares may stay in place for some time to come, say airline industry professionals and experts.

Bangkok Post

3 Airliners to Watch in June

With the easing of the pandemic-related restrictions, travel demand has soared, helping airlines return to profitability. So, it could be wise to add fundamentally strong airliners, Ryanair Holdings plc (RYAAY), Gol Linhas Aéreas Inteligentes (GOL), and Copa Holdings (CPA) to one’s watchlist. Keep reading.

StockNews.com

IATA sees gradual recovery in Asia-Pacific aviation

The International Air Transport Association (IATA) expects Asia-Pacific aviation to gradually recover throughout this year, despite some hiccups in the supply chain and a few Covid travel restrictions still being in place.

Bangkok Post

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International air fares likely to keep rising, says aviation group

Passengers can expect to pay more as carriers turn to ‘greener’ fuel to meet emissions targets, warns Iata

The Guardian - UK

Vaping ‘driving worrying surge in number of air rage incidents on flights’

Rate of incidents involving unruly travellers rose by nearly a third last year compared with 2022, new figures show

The Independent UK

People refusing to stop vaping on flights sends air rage cases soaring

Massive rise in on-board disorder reported - vaping is banned because it can set off smoke detectors on aircraft which could cause panic

Wales Online

Vapes spark surge in air rage - OLD

The rate of incidents involving unruly travellers rose by nearly a third last year compared with 2022, new figures show.

The Independent UK

Air travel to soar near record in 2023: industry group

ISTANBUL: Airlines will return to profit and fly a near-record 4.35 billion passengers this year, but the sector's post-pandemic recovery remains fragile, an industry group said on Monday.

Bangkok Post

Airlines on course for near-record revenues of $803bn in 2023, says Iata

Willie Walsh denies fares are excessive, saying margins remain ‘wafer thin’ despite profit forecast doubling

The Guardian - UK

Most mainland Chinese flying overseas via Hong Kong

Most mainland Chinese travellers are heading overseas by transiting through Hong Kong as only a tiny fraction of the routes connecting the country with the US have been restored following the end of the pandemic, according to a global airline body.

Bangkok Post

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The Hindu

Morning Digest | First train chugs out of accident-hit area in Balasore after 51 hours; Under construction bridge collapses in Bihar’s Bhagalpur, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

StockNews.com

3 Airliners to Watch

Despite the current market uncertainties, investing in airline stocks could be a wise choice due to strong air travel demand. Therefore, it could be wise to keep an eye on Deutsche Lufthansa (DLAKY), Gol Linhas Aéreas Inteligentes (GOL), and Air France-KLM (AFLYY), which look poised to capitalize on the pent-up…

Bangkok Post

Analysing the push for sustainable jet fuel

Biodiesel, a mix of diesel and palm oil-derived methyl ester used by cars with internal combustion engines, as well as used cooking oil that previously was deemed useless are now vying to change the aviation industry. The two oils can be processed to make sustainable aviation fuel, or SAF, a…

Bangkok Post

Airlines juggle demand as fares skyrocket

Global aviation has experienced a promising start to the year as travel restrictions have been lifted, allowing people to fly with fewer barriers.

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Reuters

Rising airline emissions could trigger global caps as early as 2024 -trade group

Rising airline traffic is expected to trigger global emissions-related requirements for some carriers as early as next year, according to a top airline trade group, even as debate broadens on the effectiveness of that approach.

The Guardian - UK

March of the robots: how biometric tech could kill off paper passports

Border Force boss says advances in biometrics and data security have made passports redundant – be they blue or red

Bangkok Post

China key to aviation's recovery

Asia-Pacific aviation could see faster recovery in terms of passengers this year, fuelled by China's reopening, as well as achieving a small profit in 2024, while pent-up demand from the mainland could help compensate slowing Western markets, according to the International Air Transport Association (IATA).

Wales Online

Major change announced for travellers heading to EU as security plan delayed

Tourists and others heading to EU countries faced long delays last summer under new Brexit regulations

Daily Mirror

Brits heading to EU will dodge fingerprint tests as rollout delay gives holiday boost

Brits will not face the feared long queues due to the introduction of fingerprint tests at border controls by the European Union as the rollout has been delayed

The Independent UK

Simon Calder answers your travel questions, from passport problems to safety concerns

Our travel correspondent on passport validity for British travellers to Europe, the Cuba-US tangle and whether the Bahamas is a good choice for July

Bangkok Post

Airlines blast ‘knee-jerk’ China travel curbs

The airline industry’s global lobby group has condemned national moves to introduce Covid-19 tests and other measures for passengers arriving from China as travel from the country resumes despite a flareup in the virus.

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