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Domestic air transport demand in Australia has stagnated amidst rising concerns about the country’s economic outlook, new figures from IATA show.
Final figures confirm the profitability of the world’s airlines in the first quarter of 2019 was down by nearly a half compared with a year earlier.
While demand for air travel rose in May, there are signs the aviation industry faces difficult times ahead, figures from IATA show.
IATA has reiterated calls for regulators to collaborate and work towards the same timeline when certifying the return to service of the Boeing 737 MAX.
Cathay Pacific has warned of "tremendous pressure" on yields amid strong competition, slowing demand for air travel and a difficult cargo market.
IATA has criticised Airways New Zealand for hiking air navigation service charges by 21.4 per cent over the next three years.
