IATA expects higher profit for 2024

The high-level meeting on economic and trade affairs between China and the United States has concluded in Geneva. Chinese Vice Premier He Lifeng said the two sides have reached substantive progress and important consensus. 

A Chinese diplomat says the country is ready to strengthen coordination with Latin American countries to uphold international multilateralism. 

The fourth ministerial meeting of a forum between China and the Community of Latin American and Caribbean States will convene in Beijing on Tuesday. 

Statistics NZ data shows domestic airfares increased 7.4% in February compared to January. Earlier this year, Air NZ CEO Greg Foran told Checkpoint the airline was facing significant cost increases and some of that needed to be passed onto passengers. The NZ Airports Association ... Show More

Our Hong Kong/China Transportation & Infrastructure Analyst Qianlei Fan explains why a resurgence in air travel is leading China’s emergence from deflation. ----- Transcript ----- Welcome to Thoughts on the Market. I’m Qianlei Fan, Morgan Stanley’s Hong Kong/China Transportation ... Show More

Following the recently expanded air services agreement between the UAE and Canada, Etihad Airways has announced it will increase flights to Toronto. Emirates will operate daily flights from April 20. Morning Majlis crew discuss the significance of the new development and how it w ... Show More

The airline will spend $2 billion on the deal if approved; factory orders fell more than 3.5% between September and October; Spotify announced layoffs impacting 17% of its workforce. 

UAE-based budget-friendly airline, Air Arabia, is making this bucket-list destination more accessible, ready for your next autumn or winter escape. From October 27, 2024, the low-cost airline will operate non-stop flights from Sharjah International Airport to Velana International ... Show More

Frequent flyer programs began as a way for airlines to build loyalty and fill empty seats. They’ve since morphed into a complex financial ecosystem that’s drawn the ire of even the most savvy consumers and the scrutiny of the US Department of Transportation.   Bloomberg’s global ... Show More

Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Thursday, September 26, 2024. My name is Nelson John. Let's get started.Were you one of the thousands of Coldplay fans stuck to their screens, trying t ... Show More

-Saudi Airlines will receive its first deliveries from its $19 billion Airbus order in 2026, the largest in the Kingdom’s history -Abu Dhabi's GDP increased by 3.3% in Q1 2024 -"Al Marjan Island with 12,000 Residential in rak Units Sold Out," Says Marjan CEO Arch Abdulla Al Abdou ... Show More

Congested urban landscapes and overburdened ground infrastructures are about to be transformed with a new form of transportation, a scheduled or on-demand air taxi service that can whisk passengers along faster, safer, and less expensively than the alternatives. Improvements in b ... Show More

United Airlines and American Airlines are reportedly set to raise more than $8 billion to keep their balance sheets stable. Dan Kline analyzes the industry and shares why investors shouldn’t be tempted by the “value trap” prices of airline stocks. Plus, we discuss TripAdvisor’s l ... Show More