Business Standard
With sharp rise in fuel costs as well as tight capacity and thin margins for airlines, airfares are already rising in the wake of the Middle East war, global airlines' grouping IATA said on Tuesday. The International Air Transport Association (IATA) represents around 350 airlines, including Air India, Air India Express, IndiGo, and SpiceJet. On Tuesday, the grouping released the data for global passenger demand in February 2026 and said total demand in terms of Revenue Passenger Kilometres (RPK) rose 6.1 per cent last month compared to the year-ago period. Total capacity, measured in Available Seat Kilometres (ASK), increased 5.6 per cent year-on-year while the passenger load factor stood at 81.4 per cent, the highest February figure on record, it said in a release. IATA Director General Willie Walsh said with an RPK expansion of 6.1 per cent, February was a strong month, showing that the fundamentals for demand growth were in place for a positive year. "However, without knowing t
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