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1. SITA joins Massachusetts Institute of Technology Airline Industry Consortium
SITA joins Massachusetts Institute of Technology Airline Industry Consortium. SITA, a specialist provider of IT solutions to the air transport industry, has joined the Massachusetts Institute of Technology (MIT) Airline Industry Consortium. SITA will participate in the research and educational efforts of MIT's Global Airline Industry Program and will contribute to the development o
2. IATA Downgrades Airline Industry Outlook for 2011 to $8.6b
IATA Downgrades Airline Industry Outlook for 2011 to $8.6b. IATA has downgraded its airline industry outlook for 2011 to $8.6 billion from the $9.1 billion it estimated in December 2010. This is a 46% fall in net profits compared to the $16 billion (revised from $15.1 billion) earned by the industry in 2010. On expected industry revenues of $594 billion, the $8.6 billion 2011 profi
3. Seven HD Videos from IATA Airline Industry Retailing Symposium 2019 in Bangkok, Thailand
Steven Howard of TravelNewsAsia.com was at the IATA Airline Industry Retailing Symposium 2019 in Bangkok, Thailand, to learn more NDC, speak with some of the delegates attending, and get a better understanding about the latest developments in airline retailing. Below you will find seven exclusive interviews with IATA, ATPCO, Sabre, Vern Insurance Technologies, Awesome Trip and ( ca
4. Airline Passenger Numbers Expected to Rise to 3.8 Billion on 54,000+ Routes in 2016
IATA’s airline industry outlook for 2016 forecasts an average net profit margin of 5.1% being generated with total net profits of $36.3 billion. IATA also revised its airline industry outlook for 2015 upwards to a net profit of $33 billion (4.6% net profit margin) from $29.3 billion forecast in June.
5. IATA Airline Industry Retailing Symposium 2019 - Interview with Stephan Copart
IATA held its second annual Airline Industry Retailing Symposium in Bangkok, Thailand in October 2019. Around 45 people from IATA joined hundreds of high-level delegates who had flown in from around the world to network, share ideas and learn the latest ideas, trends and solutions in airline retailing and distribution.
6. IATA Expects Airline Industry to Remain Cash Negative Throughout 2021
IATA has announced that it expects the airline industry to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022. Published by TravelNewsAsia.com on 25 February 2021.
7. Airline Industry to Burn Through US$300,000 Per Minute in H2 2020
IATA has warned that the airline industry will burn through $77 billion in cash during the second half of 2020 (almost $13 billion per month, or $300,000 per minute), despite the restart of operations in some areas.
8. IATA Revises 2021 Airline Industry Revenue Forecasts Downwards
IATA has published new analysis which shows that the airline industry cannot slash costs sufficiently to neutralize severe cash burn to avoid bankruptcies and preserve jobs in 2021.

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