Airlines are collectively expected to post a decline in profit for the first time in three years in 2019 as trade tensions, rising fuel prices and a slumping cargo markets take their toll on the bottom line. The International Air Transport Association (IATA) said on Sunday it expected airlines to earn US$28 billion in net
Some 1,000 aviation executives are heading Seoul after a difficult start to 2019 due to trade tensions, high fuel prices and a slumping cargo market.
The flight data recorder has been recovered from the Miami Air International Boeing 737-8 that skidded off the end of the runway at Jacksonville Florida.
Passenger demand slowed in February amid global economic jitters and uncertainty over the United Kingdom's European Union exit, new figures show.
Association of Asia Pacific Airlines (AAPA) boss Andrew Herdman says rising oil prices are expected to hit airline profitability in the year ahead.
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