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IATA estimated the potential impact on passenger revenues based on two possible scenarios: Limited Spread, Extensive Spread

Coronavirus: IATA updates aviation industry revenue loss estimate to $63-113 billion

5 March 2020 4:49 PM IST

March 5, 2020: The International Air Transport Association (IATA) updated its analysis of the financial impact of the novel coronavirus (COVID-19)...

This was the sharpest drop in freight demand of any region for the month. Capacity growth was flat.

Coronavirus: Air cargo demand in Asia-Pacific contracts by 5.9% in January 2020, says IATA

5 March 2020 4:28 PM IST

March 5, 2020: The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in cargo...

If ever there was a moment when we can highlight the limitations of basic month-on-month analyses from a methodology standpoint, this is it.

Coronavirus: Global air cargo’s chargeable weight drops 9% in February

5 March 2020 12:04 PM IST

March 5, 2020: The global chargeable weight of air cargo in February 2020 fell - on a like-for-like basis - by nearly 9 percent versus 2019 as the...

Concern is that China, which contributed close to 60% of the 2019 traffic increase, will no longer be able to fuel growth in this first part of 2020.

Coronavirus: Asia-Pacific and Middle-East airport revenues under pressure, says ACI

4 March 2020 3:05 PM IST

March 4, 2020: Airports Council International (ACI) reported that revenues of airports in Asia-Pacific and Middle East airport are under tremendous...

There has been an increase in the number of participant cancellations over the past few days for reasons including company travel bans.

Coronavirus: IATA postpones world air cargo symposium to 2021

4 March 2020 12:26 PM IST

March 4, 2020: International Air Transport Association (IATA) postponed the 14th World Air Cargo Symposium (WCS) scheduled to be held in Istanbul,...

The medium-term impact on the Indian aviation industry would also depend on the economic shock to the global economy.

Coronavirus: Read why turmoil in Indian aviation will intensify according to ICRA

2 March 2020 4:15 PM IST

March 2, 2020: The credit rating agency, ICRA has maintained its negative outlook on the Indian aviation industry and predicted a maximum impact of...