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.
Bolivian President Rodrigo Paz has declared a state of emergency, authorising the military to clear roadblocks that have paralysed the economy for 50 ...
Iran's top joint military command, Khatam al-Anbiya Central Headquarters, has said that the Strait of Hormuz is closed to ships again, citing a...
A 46-year-old Italian tourist has died after a major fire tore through a beachfront hotel in the Dominican Republic, forcing the evacuation of nearly ...
The wife of Spain’s Prime Minister Pedro Sanchez must stand trial on corruption charges and has been banned from leaving the country, a judge has ru...
A train driver has been killed and nine people remain in a critical condition in hospital, after two trains collided near Beford in the east of Engl...
Bolivian President Rodrigo Paz has declared a state of emergency, authorising the military to clear roadblocks that have paralysed the economy for 50 days and left at least 14 people dead.
A 46-year-old Italian tourist has died after a major fire tore through a beachfront hotel in the Dominican Republic, forcing the evacuation of nearly 1,700 guests and staff.
The wife of Spain’s Prime Minister Pedro Sanchez must stand trial on corruption charges and has been banned from leaving the country, a judge has ruled.
A train driver has been killed and nine people remain in a critical condition in hospital, after two trains collided near Beford in the east of England on Friday. The passenger trains heading to London collided at around 17:15 local time (1615 GMT).
A train driver has been killed and nine people remain in a critical condition in hospital, after two trains collided near Beford in the east of England on Friday. The passenger trains heading to London collided at around 17:15 local time (1615 GMT).
Morocco captain and PSG defender Achraf Hakimi will face trial in France after an appeals court ruled there was enough evidence for the case to proceed.
Paraguay kept their World Cup hopes alive with a hard-fought 1-0 victory over Türkiye, but the celebrations were tempered by a costly red card for veteran forward Miguel Almirón.
Israel and Hezbollah have agreed to a ceasefire, a senior U.S. official has said. Hezbollah has released a statement saying Israel must leave southern Lebanon. Israel has said it agrees to the ceasefire, but has said its armed forces won't leave Lebanon and will resume hostilities if attacked.
U.S. President Donald Trump sought a deal with Iran "out of deperation," Iranian Supreme Leader Mojtaba Khamenei has said, in a statement on social media. Khamenei added that he himself "held a different view," to Trump, but allowed the agreement after receiving assurances from Iran's President.
Tourism operators in eastern Latvia say repeated incursions by stray military drones linked to the war in Ukraine are driving visitors away from one of the country's most popular summer destinations, threatening hundreds of small businesses that rely on seasonal trade.
TUI has reported sustained demand for holidays despite the Iran war, as the world’s biggest travel company posted lower-than-expected quarterly losses and said bookings for the second half of the year remained strong.
Travellers worried about costs and flights by the ongoing conflict in the Middle East are changing their summer holiday plans, with lastminute bookings, safer destinations such as Spain, and rail travel all growing in popularity.
A Turkish Airlines plane caught fire in its landing gear tyres after landing at Tribhuvan International Airport on Monday (11 May) morning, temporarily disrupting airport operations, officials said.
ITA Airways is preparing to raise ticket prices by between 5% and 10% this year as soaring fuel costs linked to the conflict involving Iran, Israel and the U.S. continue to pressure airlines worldwide.
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