Airlines seek govt support for net-zero pledge

World airlines on Monday called on governments to support the industry’s goal of net-zero carbon emissions by 2050. The plea at a meeting of the International Air Transport Association (IATA) came three months before a crucial gathering of the United Nations’ intergovernmental agency supporting aviation. IATA, whose member airlines account for 83 percent of global […]

Brighter skies ahead: Airlines to return to profit in 2023 – IATA

A return to profitability is within reach for the airline industry this year as Covid-19 restrictions eat and more people return to travel. “Losses will be cut to $9.7 billion this year and profitability is on the horizon for 2023. It is a time for optimism, even if there are still challenges on costs, particularly […]

Philippines allows foreign ownership of telcos, airlines

The Philippines on Monday eased restrictions to allow foreign ownership of airline, telecommunications and shipping operators, as it seeks to boost jobs and spur activity in the virus-hit economy. The archipelago nation has long struggled to attract foreign money, as red-tape, corruption and political uncertainty scared off investors who instead pumped billions of dollars into […]

Airlines want end to Covid restrictions for EU flights

Airlines and airports called Friday for an end to pandemic measures for European domestic flights as most countries in the region begin to relax requirements to present proof of vaccination and wear masks. “Covid-19, and specifically the Omicron variant, is now pervasive throughout all of Europe, and population immunity is at such levels that the […]

Airlines, transport terminals, hospitals back ‘no vax, no ride’ policy

Transport and hospital groups have expressed their strong support for the government’s “no vaccination, no ride” policy for all modes of public transportation in Metro Manila amid a surge in omicron cases in the country. These include Philippine Airlines, AirAsia Philippines, Light Rail Manila Corp., Parañaque Integrated Terminal Exchange (PITX), PAL Express, Liga ng mga […]