Airline industry group IATA warned on Monday global profits would more than halve in 2012 owing to surging oil prices and the eurozone crisis, with European carriers suffering losses of $1.1 billion.

India on Monday came under sharp attack for the recent hike in charges at Delhi airport and major delays in building new airports and strengthening infrastructure, with airlines' body IATA saying t

High oil prices and the unresolved European debt crisis hitting the financial bottomline of the global aviation industry would be the major focus of debate at the World Air Transport Summit beginning

The Indian aviation industry may not do well this year in the absence of any major structural changes, apex body for the global airline industry IATA's director general Tony Tyler said here on Thursda

The representative body of the global airline industry has asked governments of countries like India, which have huge unrealised potential in aviation, to use the sector as a strategic asset and devis

Global airlines called on Sunday for a deal brokered by a United Nations agency to avoid an impasse between China and the European Union over jet pollution spilling into a trade war.

China's decision