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The companies have been working together to create custom integrations for leading airlines, including Etihad Cargo and Nippon Cargo Airlines.

cargo.one's forwarders can now book IBS' airlines; unveils integration

16 Jun 2020 10:49 AM IST

June 16, 2020: The two technology players in air cargo, cargo.one and IBS Software officially announced their partnership to integrate their digital...

Global capacity, measured in available cargo tonne-kilometres (ACTKs), shrank by 42 percent in April compared to the previous year

Global air cargo demand registers sharpest fall ever of 27.7% in April

3 Jun 2020 1:44 PM IST

June 3, 2020: The International Air Transport Association (IATA) released data for global air freight markets in April showing that demand, measured...

Due to the decline in passenger traffic in FY 2021, the industry is expected to report revenue degrowth of 44 percent during FY2021. Industry-level debt is expected to be Rs 465 billion.

Indian aviation industry will require Rs 350 billion over FY 2021-23: ICRA

17 May 2020 2:44 PM IST

May 17, 2020: The credit rating agency ICRA in its latest analysis noted that the domestic aviation industry of India will require additional funding...

IATA is estimating that 68.5 million passengers will be lost, 2.2 million people will lose their jobs, $12.7 billion shrinkage in GDP and $8.8 billion revenue loss for the country%u2019s airline industry.

India is yet to take any decisive or effective action to help airline industry: IATA

4 April 2020 10:17 AM IST

April 4, 2020: The International Air Transport Association (IATA), while its request to Asia-Pacific states to take urgent action to provide financial...

Revenue passenger kilometers (RPKs) of airlines in Asia Pacific would alone decline 37 percent and stand to lose $88 billion compared to 2019.

Airlines need $200 billion in liquidity support simply to survive: IATA

25 March 2020 10:49 AM IST

March 25, 2020: The International Air Transport Association (IATA) now estimates that passenger revenues of global air transport industry could...

Execution period of the policy shall be from January 23, 2020 to June 30, 2020.

Coronavirus: China will pay airlines as per seat km to bring passenger flights back

9 March 2020 2:11 PM IST

March 9, 2020: Civil Aviation Administration of China (CAAC) on Friday, March 6 produced a notification that it will provide financial support for...