IATA Cuts 2019 Airline Profit Forecasts but Sees Improvement in 2020

Airlines are marking their 10th consecutive year of profitability in 2019, though profits are down significantly from earlier forecasts due to stunted economic growth, according to a forecast from the International Air Transport Association.

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Gadgets and technology seem to rule the land of holiday gift giving. After all, everyone wants the latest phones, newest smart home widgets, and best video game consoles. Don't they?

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IATA: Global Air Demand Continues to Slip

Global air demand grew 3.8 percent year over year for September, according to the International Air Transport Association, outpacing global capacity, which rose 3.3 percent year over year. Load factor climbed 0.4 percentage point to 81.9 percent, which was a record for the month. Even so, IATA executives said September fell short of the industry's long-run average growth rate of 5.5 percent.

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The season of joy delivers the gift of quality time with loved ones, away from the daily hustle of busy schedules. Planning how to spend this valuable time is incredibly important. Imagine the excitement and anticipation your family will experience preparing for a destination holiday. Our team of travel advisors stands ready to plan your new favorite Christmas memory and to begin your dream holiday planning, we’ve provided a few favorites of our own. Also, you'll want to check out our video for our Top 5 Holiday Travel Tips before you leave on your holiday adventure!

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REAL ID or Passport Required for TSA Oct. 1, 2020

If you use your state-issued driver’s license to pass through airport security, you have 11 months to confirm or secure that you have one with the REAL ID gold star in a circle designation that will be required as of Oct. 1, 2020. Air travelers also will be able to use passports as identification for TSA. However, as many rely on state-issued licenses, the federal government’s Department of Homeland Security and Transportation Security Administration are making a push to ensure that all travelers have acceptable identification so as not to be denied access to a flight next year.

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