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.
Australia has confirmed a $1.3 billion missile deal with the U.S., highlighting its defence priorities, while stopping short of committing to Washingt...
A tragic ferry accident off the coast of Bali has left four dead and dozens missing, with rough seas complicating rescue efforts....
The Pentagon says U.S. strikes on Iranian nuclear sites have degraded Tehran’s programme by as much as two years, following attacks last month that ...
A CIA review has identified procedural flaws in a 2016 assessment that Russia sought to help Donald Trump win the U.S. presidency, but it did not chal...
A bus operated by Kern Transit overturned on Tuesday morning, after hitting railway tracks alongside Sierra Highway in Lancaster, California, accordin...
Australia has confirmed a $1.3 billion missile deal with the U.S., highlighting its defence priorities, while stopping short of committing to Washington’s 3.5% GDP spending target.
A tragic ferry accident off the coast of Bali has left four dead and dozens missing, with rough seas complicating rescue efforts.
The Pentagon says U.S. strikes on Iranian nuclear sites have degraded Tehran’s programme by as much as two years, following attacks last month that used heavy bunker-buster bombs.
A CIA review has identified procedural flaws in a 2016 assessment that Russia sought to help Donald Trump win the U.S. presidency, but it did not challenge the core conclusion that President Vladimir Putin directed the influence campaign.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
The European Commission is set to propose allowing carbon credits from other countries to count towards the EU’s 2040 climate target, according to a leaked internal document.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
North Korea has opened the expansive Wonsan Kalma Coastal Tourist Area on its eastern coast, welcoming visitors from 1 July. According to state-run media, the move aims to revive tourism and boost much-needed foreign currency earnings amid international sanctions.
Blue Origin launched six passengers into space aboard New Shepard, completing an 11-minute sub-orbital flight that crossed the Kármán Line.
Wizz Air has suspended all flights to and from Tel Aviv, Israel, and its European services to Amman, Jordan, effective immediately until 15 September due to escalating situation in the Middle East. Also, the air carrier temporarily suspended its flights between Astana, Kazakhstan, and Abu Dhabi.
Kazakhstan’s flagship carrier, Air Astana, will temporarily suspend its flights from Atyrau to Dubai starting 28 June, due to a significant increase in flight duration.
The 176th General Assembly of the Bureau International des Expositions (BIE) has formally registered World Expo 2030 Riyadh. Organised under the theme “Foresight for Tomorrow”, Expo 2030 Riyadh will take place in the capital of Saudi Arabia between 1 October 2030 and 31 March 2031.
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