Strengthened Profitability Expected in 2025 Even as Supply Chain Issues Persist
The International Air Transport Association (IATA) announced its financial outlook for the global airline industry in 2025, which shows a slight strengthening of profitability amid ongoing cost and supply chain challenges. Highlights include: Net profits are expected to be $36.6 billion in 2025 for a 3.6% net profit margin. That is a slight improvement from […]
IATA’s Turbulence Aware Platform Expands with Additional Airlines and Data Integrators
The International Air Transport Association (IATA) announced that interest in its Turbulence Aware Platform continues to expand, with six airlines having joined the program in 2024. Most recently, this includes Asiana Airlines, British Airways, Scoot and Singapore Airlines. Managing turbulence will remain at the forefront of aviation safety and efficiency, given the expected rise in […]
CATSA’s New Screening Line at YYC Includes CT Technology
The Canadian Air Transport Security Authority’s (CATSA’s) has just installed a new screening line at Calgary International Airport (YYC), equipped with CT X-ray technology. That’s good news for travellers, who can now enjoy an elevated security screening experience at this line located at the USA Concourse E security checkpoint. With CT technology, passengers no longer […]
IATA to allow digital RMB in settlement system
China is an extremely important market for the International Air Transport Association, and the IATA will continue to strengthen its presence in the Chinese and North Asian markets, a senior official of the association said in Beijing this week. The IATA represents some 300 airlines shouldering 83 percent of global air traffic. It just celebrated […]
International community aligns on air travel accessibility priorities
Aviation stakeholders and disability advocates established key priorities for improving global air travel accessibility at a landmark joint symposium held by the International Civil Aviation Organization (ICAO), Airports Council International (ACI), and the International Air Transport Association (IATA). The two-day event, which drew 237 participants from governments, industry, and civil society organizations, provided critical input for […]
IATA Disappointed with Decision to Pursue Compensation in the US
The International Air Transport Association (IATA) is disappointed that the Biden Administration has announced its long-threatened compensation scheme for airline delays and cancelations. This, despite the fact that similar schemes in the European Union and Canada have proven completely ineffective in reducing underlying delays or cancelations, the majority of which are outside the control of […]
Solid Growth in Passenger Demand Continued in October
The International Air Transport Association (IATA) released data for October 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPK), was up 7.1% compared to October 2023. Total capacity, measured in available seat kilometers (ASK), was up 6.1% year-on-year. The October load factor was 83.9% (+0.8ppt compared to October 2023). […]
Air Cargo Demand up 9.8% in October 2024 – 15th Month of Consecutive Growth
The International Air Transport Association (IATA) released data for October 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 9.8% compared to October 2023 levels (10.3% for international operations) for a 15th consecutive month of growth. Capacity, measured in available cargo tonne-kilometers (ACTKs), […]
IATA Demands Action on Liberia Airport Runway Repairs in Costa Rica
The International Air Transport Association (IATA) has raised concerns about the deteriorating condition of the runway at Daniel Oduber Quirós International Airport in Liberia, Guanacaste, a critical hub for Costa Rica’s tourism industry. Delays and the eventual suspension of repairs, coupled with heavy rains, have rendered the runway partially inoperable during the peak travel season. […]
IATA Condemns Spanish Cabin Baggage Decision
The International Air Transport Association (IATA) condemned a decision by the Spanish government to override European law, remove cabin baggage fees for passengers in Spain and fine airlines EUR 179 million. The move undermines freedom of pricing which is fundamental to consumer choice and competition, a principle that has been long upheld by the European […]
