IATA: Air travel demand slows on concerns


BERLIN: Air passenger demand in April rose at its slowest rate since January 2015, weighed by the March attacks on Brussels airport and highlighting safety as one of the main challenges facing top airline executives meeting this week.

While airlines are enjoying a boost from lower oil prices, weakening economies and falling ticket prices are also posing problems for a sector which operates on thin profit margins.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , IATA , airlines

   

Next In Business News

FBM KLCI slips further as equities rout continues
Abdul Rahman to resign as CIMB group CEO on June 30
China's Q1 GDP growth solid but March data shows feeble demand
KTI Landmark inks underwriting deal with M&A Securities
The pursuit of sustainability by Westports
Ringgit opens lower vs greenback on strong US retail sales
Yeoh siblings the biggest gainers on Forbes 50 richest Malaysians list 2024
Oil prices rise as Israel weighs response to Iran attack
Amir Hamzah leads delegation to meeting with investors in New York
Bursa Malaysia tracks negative global sentiment

Others Also Read