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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
The Federal Aviation Administration (FAA) says there is no timetable for certifying the Boeing 737 MAX for a return to service.
Demand for air travel in the Australian domestic market contracted for the fifth consecutive month in March, new figures show.
International Air Transport Association (IATA) figures show global cargo volumes recovered slightly in March after four consecutive months of contraction.
Airline profitability could be hurt in 2019 by higher jet fuel costs as supply from Iran is choked by a tightening of sanctions by the US, IATA says.
Passenger demand slowed in February amid global economic jitters and uncertainty over the United Kingdom's European Union exit, new figures show.
