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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European Union member states said on Tuesday that Ukrainians must have the right to decide their own future, speaking ahead of Friday’s planned talks between U.S. President Donald Trump and Russian President Vladimir Putin.
Dubai has launched its first-ever 'Mallathon,' a month-long event turning shopping centres into indoor running tracks to offer residents a safe way to exercise during peak summer heat, that started 1 August.
Global football star Cristiano Ronaldo is engaged to his long-time partner, Georgina Rodríguez. She announced the news on Instagram, sharing a photo of a large engagement ring with the caption in Spanish: “Yes I do. In this and in all my lives.”
International superstar Taylor Swift has revealed her 12th studio album, 'The Life of a Showgirl', during a podcast appearance with her partner, U.S. football star Travis Kelce, and his brother Jason.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A resumption of Iraq’s Kurdish oil exports is not expected in the near term, sources familiar with the matter said on Friday, despite an announcement by Iraq’s federal government a day earlier stating that shipments would resume immediately.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
China can visit South Korea without a visa from the end of September until June next year. Seoul made the announcement for temporary visa-free entry to tourist groups on Wednesday (6 August).
Japan will end tax-free shopping for foreign visitors in November 2026 and before that, it will introduce dual pricing, visa pre-approval, and visitor caps at major attractions this year, according to official announcements and media reports.
China has significantly relaxed its entry restrictions, with establishing unilateral visa-free access and mutual visa exemption arrangements with 75 countries as part of its efforts to streamline visa processes and encourage global engagement.
Turkish Airlines, the country's flag carrier, has announced that it will resume flights from Istanbul to Aleppo, Syria’s second-largest city, beginning 1st August.
Russia’s flag carrier Aeroflot said a failure in its information systems may lead to delays and cancellations across its network. Technicians are working to restore normal operations and limit disruption to passengers.
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