The head of IATA downplayed concerns that potential US trade tariffs would disrupt the ongoing surge in travel demand. While acknowledging added uncertainty, he suggested that Trump’s policies might ultimately benefit the airline industry by promoting consolidation and regulatory changes.
The International Air Transport Association (IATA) remains confident that the strong recovery in air travel will continue despite the threat of new US trade tariffs. Willie Walsh, IATA’s chief, stated that while uncertainty is never welcome, the industry has always managed such challenges.
Walsh described Trump’s trade policies as a "net positive" for airlines, arguing that they could drive industry consolidation. He also called on European regulators to reassess their policies, saying Trump’s stance had accelerated this need.
Transatlantic travel saw year-on-year growth in January and February, with overall industry demand rising 9% compared to pre-pandemic levels in 2019. While March and April data are yet to be reviewed, Walsh said there was no clear sign of a slowdown.
However, individual airlines reported mixed trends. Virgin Atlantic and Delta noted a dip in US-UK travel due to economic uncertainty, whereas Lufthansa reported stable transatlantic bookings.
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Ukrainian President Volodymyr Zelenskyy said that Ukraine was carrying out tests on a new weapon to intercept drones and had recorded a successful hit overnight.
Russian air strikes injured 13 and damaged buildings in the Ukrainian capital of Kyiv and in the Black Sea port city of Odesa in the early hours of Thursday, officials said on the Telegram messaging app.
European Commission President Ursula von der Leyen is outlining the EU's priorities in her annual State of the Union address, covering security, support for Ukraine, trade with China, migration, climate and artificial intelligence.
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