IATA Welcomes Aviation Reforms in Argentina
The International Air Transport Association (IATA) welcomes the decision by the Government of Argentina to liberalize the country’s aviation market. The landmark decree 599/2024 establishes new regulations for access to Argentina’s commercial aviation market, repeals previous regulations and modifies the country’s Aeronautical Code. The new decree allows, for example, free market access for new operators […]
IATA and ASF to Develop Standard Cabin Waste Composition Audit Program
The International Air Transport Association (IATA) is collaborating with the Aviation Sustainability Forum (ASF) to launch a standardized Cabin Waste Composition Audit (CWCA), with the ASF Cabin Waste Composition Auditing Platform to be launched in September 2024. CWCA audits have already been trialed in two waves, covering 25 flights (short, medium, and long-haul) at Singapore’s Changi Airport […]
Passenger Demand Up 10.7% in May
The International Air Transport Association (IATA) released data for May 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPKs), was up 10.7% compared to May 2023. Total capacity, measured in available seat kilometers (ASK), was up 8.5% year-on-year. The May load factor was 83.4% (+1.7ppt compared to May 2023), […]
Strong Air Cargo Demand Continues in May
The International Air Transport Association (IATA) released data for May 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 14.7% compared to May 2023 levels (15.5% for international operations). This is the sixth consecutive month of double-digit year-on-year growth. Capacity, measured in available […]
IATA SAF Registry
The International Air Transport Association (IATA) announced that it will establish the SAF Registry (Registry) to accelerate the uptake of Sustainable Aviation Fuels (SAF) by authoritatively accounting and reporting emissions reductions from SAF. Seventeen airlines, one airline group, six national authorities, three Original Equipment Manufacturers (OEMs), and one fuel producer are already supporting the effort […]
IATA Launches FueIIS: Advanced Fuel Efficiency Analytics Solution
The International Air Transport Association (IATA) announced the launch of IATA FuelIS, an advanced analytics solution to optimize airline fuel consumption, using aggregated and anonymized flight and fuel data. «IATA FuelIS is a robust analytical tool for airlines to make both strategic and operational decisions to optimize fuel consumption, reduce fuel costs, and improve environmental performance. […]
IATA Schedule Data Exchange Program Gathers Momentum
The International Air Transport Association (IATA) today reported that some 40 airlines have signed a formal agreement to contribute their schedules data to the IATA Schedule Data Exchange Program. A further 40 are in the process of preparing to join. Work on the program began in October 2023 with the first release planned in March 2025. […]
Airline Profitability Outlook Improves for 2024
The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2024 compared with its June and December 2023 forecasts. An aggregate return above the cost of capital, however, continues to elude the global airline industry. Outlook highlights include: Net profits are expected to reach $30.5 billion in 2024 (3.1% net profit margin). That […]
73 CEOs Commit to the IATA Safety Leadership Charter, Strengthening Global Safety Culture
The International Air Transport Association (IATA) announced that the number of airline CEOs committing to the IATA Safety Leadership Charter has reached 73. This reinforces aviation’s already strong safety culture which contributed to some best-ever results in 2023, including no fatalities among IATA member airlines or the airlines on the IATA Operational Safety Audit Registry. “Strong leadership and […]
SAF Production to Triple in 2024 but More Opportunities for Diversification Needed
The International Air Transport Association (IATA) announced that its projections for a tripling of Sustainable Aviation Fuels (SAF) production in 2024 to 1.9 billion liters (1.5 million tonnes) are on track. This would account for 0.53% of aviation’s fuel need in 2024. To accelerate SAF use, there are several policy measures that governments could take. […]
