Global air cargo demand continued to outperform pre-COVID levels, with demand up 12 percent this April, the International Air Transport Association (IATA) last night (June 8) reported. (As comparisons between 2021 and 2020 monthly results are distorted by the extraordinary impact of COVID-19,...
Consumer group Power for People Coalition (P4P) castigated local power generation companies (gencos) Wednesday, June 2 for failing to meet the power demand in the Luzon grid amid sizzling summer temperatures. (Photo from P4P Coalition) Thin power reserves have led to rotational brownouts in several...
The International Air Transport Association (IATA) and Tourism Economics last night (May 26) released an optmistic long-term view for post-COVID-19 passenger demand recovery as people remain eager to travel. iata-1 This year, global passenger numbers can recover to 52 percent of pre-COVID-19 levels...
President Duterte urged the public to demand the truth about the West Philippine Sea issue from former Senator Antonio Trillanes IV, saying the Philippines lost Scarborough Shoal to China after his backchannel talks with Beijing officials. President Duterte (Simeon Celi / Presidential Photo)...
Global travel remains largely shutdown although domestic demand is perking up, according to latest statistics from the International Air Transport Association (IATA). Passenger traffic fell in March 2021 compared to pre-COVID levels (March 2019) but rose versus the immediate month prior (February...
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 extraordinary impact of COVID-19 continued to pull down demand for air travel (measured in revenue passenger kilometers or RPKs), which plummeted 74.7 percent in February 2021. This was worse than the 72.2 percent decline recorded in January 2021 versus two years ago, according to the latest...
It seems that Thai heartthrob Mario Maurer doesn't want to be associated in any way with Kakai Bautista. Well, at least not anymore. His lawyers reportedly sent the actress' agency, Artist Gallery Management, a demand letter recently, ordering her to refrain from using the name of Mario or...
Global passenger demand in January 2021 (measured in revenue passenger kilometers or RPKs) plunged 72 per cent versus January 2019, the International Air Transport Association (IATA) announced last night (March 2). That was worse than the 69.7 percent year-over-year decline recorded in December...
With cyclical temperature rise, the operator of the Wholesale Electricity Spot Market (WESM) is forecasting demand increases during the summer months, primarily around April to May this year. Nevertheless, according to Engineer John Paul Grayda, manager for pricing validation and analysis of...
Last year was a catastrophe for both air travel and cargo while 2021 will be "another tough year". "There is no other way to describe it," says Alexandre de Juniac, International Air Transport Association (IATA)’s Director General and CEO in a statement issued last night (Feb. 3). "The world is...
Global passenger demand continued to be "disappointingly slow in October", the International Air Transport Association (IATA) last night (Dec. 8) reported. "This crisis is unrelenting," acknowledged Alexandre de Juniac, IATA’s Director General and CEO. Total demand measured in revenue passenger...
