Tag page - forecast

A low pressure area (LPA) spotted outside the Philippine Area of Responsibility (PAR) is expected to enter the country in the next two to three days, the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (PAGASA) said on Tuesday, Dec. 21. (Screengrab / PAGASA Youtube...

The International Air Transport Association (IATA) has improved the aviation industry's projected 2021 losses, from $126.4 billion (net profit margin of -33.9%) earlier, to $47.7 billion (net profit margin of -10.4%). However, IATA Director General Willie Walsh said that the pain of the crisis...

The global airline industry will continue to be in the red throughout 2021, according to a new analysis which the International Air Transport Association (IATA) released last night ( February 24, 2021). It was a reversal of the association's November 2020 analysis indicating that airlines would...

Globe Telecom Inc. projects low-to-mid single-digit service revenue growth this year as the economy recovers from the 2020 pandemic-induced recession. Hence, the telco remains gung-ho on its P70 billion capex for 2021. “We believe that the relevant product platforms in place, coupled with the...

The International Air Transport Association (IATA) last night (November 24) revised its outlook for the airline industry performance to show deeper losses in 2020 and 2021. Airlines will suffer a net loss of $118.5 billion for 2020, deeper than the $84.3 billion forecasted this June. Next year, the...