IATA reports y-o-y global pax traffic was up 31.2% in October on 29.4% higher capacity; cargo rose 3.8% on 13.1% higher capacity. It says global pax traffic is now at 98.2% of pre-COVID levels (international 94.4%/domestic 105%).
The Judge, noting the industry's post-pandemic dynamic, said he was “having trouble” with a permanent injunction and was “hesitant” to implement the measure.
EasyJet is using artificial intelligence (AI) to predict demand and right-size its fleet planning, which is already beginning to deliver financial benefits.
In the run-up to COP28, European Commissioner for climate action Wopke Hoekstra laid out his views on why kerosene should be taxed at an international level.
One of the most prominent companies in the race to scale up SAF production has been taken over by a private equity consortium after facing a cash crunch.