The International Air Transport Association (IATA) released data for global air freight markets in April showing that demand dropped 27.7% compared to the same period in 2019 - the sharpest fall ever recorded.
Aircraft manufacturers and suppliers widely expect the COVID-19 coronavirus crisis to result in a short, sharp shock to the air transport sector, but nothing disruptive yet to their business models, according to comments made during the U.S. Chamber of Commerce’s 2020 Aviation Summit.
Ahead of flying its privately owned habitat to the International Space Station, Houston startup Axiom Space has signed a contract with SpaceX to ferry three fare-paying tourists and a professional commander to the station as early as June 2021.
The International Air Transport Association (IATA) has eleased data for global air freight markets showing that demand, measured in cargo tonne kilometers decreased by 3.3% in January 2020, compared to the same period in 2019. However, African cargo see an increase in demand of 6.8%
A panel of experts working across Africa’s aviation sector have underlined the call for multilateral engagement to achieve sustainability during the fifth Aviation Africa summit taking place this week in Addis Ababa, Ethiopia.
The International Air Transport Association’s (IATA) latest study on the importance of air transport and tourism to Ethiopia revealed that the sustained prioritization of air transport, connectivity and tourism as a strategic asset, would support an additional 900,000 jobs and at least USD 9.3 billion of GDP by 2037.
Satellite communications (satcom) terminal supplier Isotropic Systems will license components of its optical multi-beamforming antenna technology to aerospace and defense companies to build products “capable of unleashing a new era of inflight connectivity.”
The GoFly team is considering its next step after high winds on Feb. 27-29 prevented the final fly-off between personal flying devices competing for a $1 million grand prize.
The COVID-19 outbreak and the disruption it is causing to international travel could hit industry-wide orders for long-haul aircraft, Airbus CEO Guillaume Faury told a Mar. 4 hearing of the French senate’s economic affairs committee.
