Tag: recovery
AAPA: APAC airlines return to profitability in 2023
Preliminary financial performance figures released by the Association of Asia Pacific Airlines (AAPA) revealed a strong rebound in the earnings of Asia Pacific airlines...
Changi Airport’s 2023 passenger traffic recovers to 86% of pre-Covid level...
Singapore Changi Airport handled 58.9 million passenger movements in 2023, representing 86% of the traffic recorded in 2019. Aircraft movements, which include landings and...
IATA: Pax air travel reaches 99% of 2019 levels as recovery...
The International Air Transport Association (IATA) released data for November 2023 air travel performance indicating that air travel demand topped 99% of 2019 levels....
ACI APAC: Airport charges remain flat as airfares surge, threatening industry...
Airport charges have remained steady since the pandemic, while airfares have soared above pre-pandemic levels as major airlines reap record profits hampering the aviation...
ICAO forecasts ‘complete and sustainable recovery’ and growth of air passenger...
ICAO is forecasting that air passenger demand in 2023 will rapidly recover to pre-pandemic levels on most routes by the first quarter and that...
ACI APAC: Aviation recovery continues despite challenges
In spite of the global macroeconomic headwinds and geopolitical instability, the aviation industry has maintained its consistent recovery providing a positive outlook for the...
Asia-Pacific airlines cautiously optimistic as regional traffic improves
Asia-Pacific airline leaders gathered at the Association of Asia Pacific Airlines (AAPA) 66th Assembly of Presidents in Bangkok last week welcomed the resumption of...
ACI APAC calls new policies to help airports make a ‘sustainable...
Airports Council International (ACI) Asia-Pacific has called for flexible regulatory policies, innovative procedures, greater efficiency and a better passenger experience as part of its...
Singapore Airlines group sees travel demand recovering across all regions except...
The strong recovery in air travel continued in May 2022 as Singapore relaxed border restrictions in April 2022, removing the need for quarantine and...
IATA: Strong international traffic propels continuing air travel recovery
The International Air Transport Association (IATA) announced that air travel resumed its strong recovery trend in April, despite the war in Ukraine and travel...