Latest News for: Global air travel

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Is the era of big global sporting events over?

The National 16 Jun 2021
Spiralling European sovereign debt levels in 2008, triggered by the shock of the global financial crisis, resulted in some €750 billion (almost $910bn) being required by nations in assistance ... It was also formulated in an era when the EU had expanded to include 27 member states and there had been a boom in global air travel.
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Brent Crude Bulls’ Fast Approach $75 a Barrel

FX Empire 16 Jun 2021
This was largely attributed to improved demand for energy, as evidence of major economies reopening gather momentum coupled with bullish outlook for oil further boosted more buying pressures ... Advertisement ... Start Trading ... in the Q3 as vaccination rollouts continue to lift global economic activity and amid the full resumption of air travels ... ....
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Emirates swings to annual loss in 2020 amid pandemic but promises to come back stronger than before​​​​​​​​​​​​​​

The National 15 Jun 2021
Emirates, the world's largest long-haul carrier, swung to an annual loss in 2020 like most of its global peers as the Covid-19 pandemic ravaged the travel industry, but the carrier promised to come back stronger than before, its chairman and chief executive said.
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Emirates posts annual loss amid pandemic but promises to come back 'stronger than before'

The National 15 Jun 2021
Revenue dropped 66 per cent to Dh30.9bn due to the temporary suspension of passenger flights at its hub in March 2020 and ongoing global travel restrictions ... The International Air Travel Association (Iata) estimates a net industry loss of $126.4 billion in 2020 as demand fell by 65.9 per cent compared to 2019.
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Emirates posts annual loss amid pandemic but vows to return 'stronger than before'

The National 15 Jun 2021
Revenue dropped 66 per cent to Dh30.9bn due to the temporary suspension of passenger flights at its hub in March 2020 and ongoing global travel restrictions ... The International Air Travel Association (Iata) estimates a net industry loss of $126.4bn in 2020 as demand fell by 65.9 per cent compared to 2019.
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“Back to normal” puts us back on the path to climate catastrophe

Vox 15 Jun 2021
Rush-hour traffic disappeared, global travel slowed to a crawl, and the resulting economic tailspin sent energy-related pollution plummeting almost 6 percent globally ... Travel is still down globally, but in May, the TSA recorded the biggest day for US air travel since March 2020.
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EU and US agree truce after 17-year trade feud over Boeing and Airbus subsidies

The Daily Mail 15 Jun 2021
RELATED ARTICLES. Previous 1 Next. Fintech float is City's biggest in a decade. Coup for Square... Share ... The progress comes as Airbus and Boeing fight for survival amid the Covid crisis, which has battered global air travel ... As part of a huge restructuring to cut 15,000 of its 135,000-strong global workforce, it is letting go of 1,700 British employees.
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Airline stocks have soared. They're not in the clear yet

Henry Herald 14 Jun 2021
Air travel in the United States is back ... Before the pandemic, TSA screened an average of 2 million to 2.5 million travelers per day ... US airline stocks have jumped in 2021 on growing optimism about the return of travel ... But the global picture for air travel remains murky, especially as new Covid-19 variants spark rising alarm in Europe.
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Abu Dhabi's 'red listing' of flights from UK adds more uncertainty to British residents' summer plans

Gulf News 14 Jun 2021
Bauer believes the recent establishment of successful air travel corridors between UAE and European countries - and the US in the near future - could “give the ... It’s not just UAE’s airports and airlines that have suffered as a result of the global disruption of air travel.
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Is the IAG share price a value trap?

The Motley Fool 14 Jun 2021
As the global economy has started to open up again, demand for air travel has gradually increased. According to the International Air Transport Association, April’s global air demand was 65.4% lower than its pre-crisis level in April 2019.
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China & Russia’s 787 Competitor: The CR929 Is On Track

Simple Flying 14 Jun 2021
While both states have narrowbody jetliners in the works taking up the competition with the 737 MAX and the Airbus A320neo in the COMAC C919 and the Irkut MC-21, the two decided to band together in order to make their mark on dual-aisle air travel.
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What’s taking so long for the Army to update its on-base lodging

Federal News Radio 14 Jun 2021
TRANSCOM will work with Air Force on Rocket Cargo project ... The combatant command announced last week that it will work with the Air Force Research Laboratory (AFRL), the Air Force and the Space Force to explore commercial capabilities in the field of space travel for global logistics ... The Air Force announced the vanguard program on June 4.
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Lincoln could see 100 degrees for first time since 2018

Lincoln Journal Star 14 Jun 2021
Not only do these “rivers of air” affect global weather and help meteorologists identify atmospheric patterns, but they’re crucial to air travel, as flying into and out of them can dramatically affect fuel consumption and flight time.
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Emirates Group Security, GMRAA to offer airport security trainingThe efforts are part of wider critical ...

Deccan Herald 14 Jun 2021
The efforts are part of wider critical initiatives to support the safe restoration of mobility and air travel across different regions, it said. “By investing in our workforce, and the global aviation community, we can bridge the gap between borders and create a tight-knit network ...
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Air traffic to soar despite climate concerns

Straits Times 13 Jun 2021
... (Iata) said it does not expect global air traffic to resume to its pre-pandemic level before 2023 ... Dr Marc Ivaldi, research director at the Paris-based School for Advanced Studies in the Social Sciences, noted that only 1 per cent of the global population currently use air travel.

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