Boeing 737 MAX may not return to service until August: IATA head
SEOUL (Reuters) – Boeing Co’s 737 MAX is unlikely to return to service before August, the head of the International Air Transport Association (IATA) said on Wednesday, adding that the…
Emirates sees oil, dollar ‘double whammy’, but demand strong
SYDNEY (Reuters) – The president of Emirates airline said the rare combination of higher oil and a stronger dollar, which usually move in opposite directions, represented a “double whammy” in…
Global airlines slash profit outlook as fuel costs jump
SYDNEY (Reuters) – Global airlines on Monday slashed their forecast for industry profits in 2018 on a spike in fuel costs, while warning higher interest rates and a host of…
Boeing executive says oil over $65 leads to increased demand for new jets
SYDNEY (Reuters) – Boeing Co (BA.N) is expecting increased demand for new airplanes now that oil is above $65 a barrel, a senior executive said on Sunday. FILE PHOTO: The…
Myanmar needs national aviation policy: IATA
The International Air Transport Association (IATA) said Myanmar needs a national aviation policy. In a written reply to Channel NewsAsia’s queries, IATA said … source