Global airline growth faces major hurdles from rising trade barriers and ongoing plane delivery delays amid record passenger numbers.
The International Air Transport Association (IATA) warned that escalating trade tensions and “unacceptable” aircraft delivery delays threaten the airline industry's growth and the wider economy. Despite record passenger traffic post-pandemic, airlines are frustrated by prolonged supply chain bottlenecks and delayed plane deliveries, with scheduled deliveries for 2025 down 26% from last year’s promises. IATA urged governments to exclude aerospace from trade wars and criticized energy firms for slow progress on sustainable aviation fuel (SAF), key to the sector’s net-zero emissions goal by 2050.
Major carriers like Emirates and flyadeal have voiced strong frustration over delays, calling for more transparency and accountability from manufacturers like Boeing and Airbus, both struggling with production issues. Meanwhile, airlines such as Air India are still pursuing large aircraft orders to meet future demand.
Iran temporarily reopened the Strait of Hormuz on Friday (17 April) following a ceasefire agreement in Lebanon, ra...
The Trump administration extended a sanctions exemption on some Russian oil as prices continue to skyrocket in the wake of the U.S.- Israeli war ag...
Australia and Japan signed contracts on Saturday (18 April) launching their landmark A$10 billion ($7 billion) dea...
Global shipping through the Strait of Hormuz has shown signs of partial recovery after Iran announced it was open to commercial vessels during a li...
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Su...
Leaders from across Europe and beyond gathered in Paris on Friday for a summit aimed at managing the global impact of the Middle East conflict.
An average of at least 47 women and girls were killed each day during the war in Gaza, according to new figures released by UN Women.
A remarkable discovery at the ancient ruins of Sanxingdui offers a glimpse into what appears to be otherworldly craftsmanship - an axe believed to have been made using material from a meteorite.
China is seeking to strengthen and upgrade its cooperation with Turkmenistan, focusing on what officials describe as “high-quality development” across a range of sectors.
The past 24 hours of the Russia-Ukraine war have seen a drastic escalation in both aerial bombardment and frontline losses.
Iran reopened the Strait of Hormuz to commercial shipping on Friday (17 April) for the first time since the U.S. and Israel killed Iran's ex-Supreme Leader in air strikes, triggering the Middle East conflict, at the end of February. A U.S. blockade on Iranian ports, however, remains in force.
Russia published addresses of manufacturers allegedly producing drones or components for Ukraine on Wednesday (15 April), warning European countries against plans to step up UAV supplies to Kyiv.
Netflix shares fell sharply on Friday after the streaming group issued a weaker-than-expected outlook and said chairman and co-founder Reed Hastings will step down from the board.
U.S. President Donald Trump says Israeli and Lebanese leaders have agreed to a 10-day ceasefire that includes Hezbollah, raising cautious hopes of a pause in hostilities after weeks of escalating tensions.
Dubai has restricted foreign airlines to one daily flight to its airports until 31 May due to the Iran crisis, raising fears of significant revenue losses for Indian carriers, industry letters show.
Flag carrier Vietnam Airlines plans to cancel 23 flights per week across several domestic routes from April because of looming jet fuel shortages, Vietnam's aviation authority said.
The pilot and co-pilot of an Air Canada Express regional jet were killed after it collided with a fire truck while landing at New York's LaGuardia airport late on Sunday, in an incident that closed the airport, authorities and U.S. media said.
The ongoing conflict involving Iran is set to disrupt global travel on a massive scale, with nearly 28 million outbound trips from the Middle East at risk this year, according to Oxford Economics.
The Colosseum in Rome has reopened its southern corridors as a public square following a four-year restoration, giving visitors free access to a long-lost part of the ancient monument. The newly restored area was unveiled on Tuesday (17 March).
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