Tag: IATA

Foreign airlines grouping urges for alternatives to flight cuts at Mumbai airport

October 7, 2026 admin

A logo of the International Air Transport Association (IATA) | Photo Credit: Reuters The International Air Transport Association (IATA), the global airline industry body, has called for a consultative approach between Adani-owned Mumbai International Airport Ltd. (MIAL) and airlines to ensure that the redevelopment of Terminal 1 does not undermine international connectivity to the Mumbai…

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Increase in GST for premium air travel disappointing: IATA

September 4, 2025 admin

Representative image | Photo Credit: Getty Images/iStockphoto The airline industry has slammed the decision to raise GST on premium economy and business class air travel, which has been raised from 12% to 18% as “disappointing” “This increase runs counter to the efforts of Indian carriers, which have been investing in their premium products to enhance…

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IATA Says GST notices to foreign airlines could “dampen India’s aviation potential”

August 6, 2024 admin

The airlines include British Airways, Lufthansa, Oman Air, Emirates and Singapore Airlines . File. | Photo Credit: Reuters The global trade body for airlines has expressed its “disappointment” over show-cause notices to 10 international airlines over GST dues of ₹10,000 crore, which it has called “flawed”. It has warned that the move could “dampen and risk…

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Airline industry to record a profit of $1 trillion in 2024

June 3, 2024 admin

Airline industry to record a profit of trillion in 2024

IATA Director General Willie Walsh said that the aviation sector has recovered from the Covid-19 pandemic. File | Photo Credit: Reuters The global airline industry is expected to record a profit of $1 trillion for the year 2024 as it marks its recovery from the Covid-19 pandemic, according to the International Association of Air Transport…

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