Scandinavian Airlines (SAS) has reported that yields are at “historically low levels” in its marketplace, as a result of higher fuel prices, an unfavorable exchange rate for the Swedish krona against the dollar and a new Norwegian aviation tax....More
Worldwide air passenger traffic increased an overall 6.3% in 2016, as passengers wary of traveling in the first half of the year pushed demand to a nearly 9% annual growth pace between June and December, according to IATA’s full-year Air Passenger Market Analysis....More
Global air freight traffic increased an overall 3.8% in 2016, rebounding in the second half and nearly doubling the industry’s average growth rate of 2% over the last five years, according to IATA’s latest Air Freight Market Analysis....More
Worldwide air freight traffic increased 6.8% year-over year (YOY) in November 2016, moderating from October’s 8.4% YOY growth, which was a 20-month high, according to IATA’s November Air Freight Market analysis....More
Asian airlines’ international air cargo traffic for November increased 5.3% year-over-year (YOY) to 6.1 billion FTKs, a 1.3% rise in FTKs from October, according the Association of Asia-Pacific Airlines (AAPA)....More
US scheduled passenger airlines made a $3.8 billion net profit in the 2016 third quarter, down 58.8% from $9.3 billion in 3Q 2015, according to the US Bureau of Transportation Statistics (BTS) survey of 25 US airlines released Dec. 12....More
I flew to Abu Dhabi for a short work trip in January and, if I’m honest, I found the security and screening processes at that airport ahead of my flight back to Washington DC a bit annoying.
However, given today’s announcement about new US security rules for flights from that airport and nine others, most of them also in the Middle East, the focus of my annoyance has changed....More