Global Air Passenger Demand Reaches Record High in 2024
The International Air Transport Association (IATA) released 2024 full-year and December 2024 passenger market performance showing record high demand. Total full-year traffic in 2024 (measured in revenue passenger kilometers or RPKs) rose 10.4% compared to 2023. This was 3.8% above pre-pandemic (2019) levels. Total capacity, measured in available seat kilometers (ASK), was up 8.7% in 2024. […]
Transparency and Coordination Essential to Ensure Successful Opening of Lima Airport’s New Terminal
Following the decision by the Peruvian Government to further delay the opening of the new terminal at Jorge Chavez International Airport, Lima, to 30 March 2025, the International Air Transport Association (IATA) and the Association of International Air Transport Companies (operating in Peru) (AETAI) wish to point out the following: Both associations understand the Government’s […]
WestJet announces service between Calgary and New York LaGuardia Airport (LGA) for Summer 2025
WestJet announced seasonal service between Calgary and New York LaGuardia, bolstering existing service from Calgary to New York John F. Kennedy International Airport and boosting non-stop travel capacity between the Empire State and WestJet’s Global Hub. The decision to increase guest capacity from Calgary to New York underscores WestJet’s commitment to operating as Canada’s leading […]
Iberia and Iberia Express, the Most Punctual Airlines in Europe in 2024
Iberia Express and Iberia are the most punctual airlines in Europe in 2024, ranking first and second respectively. Iberia Express was the most punctual airline in Europe with an arrival punctuality rate of 84.69%, which also makes it the most punctual low-cost airline in the world in 2024, according to Cirium’s On-time Performance Report, the […]
Air Transat to Connect Toronto to Berlin in Summer 2025
Air Transat, voted 2024 World’s Best Leisure Airline at the Skytrax World Airline Awards, announces a new exclusive non-stop route between Toronto (YYZ) and Berlin (BER). The service will operate from June 19 to October 24, 2025, with two weekly flights on Thursdays and Sundays. Following the recent announcement of a new route to Valencia, […]
Interview to Wole Ayodele, CEO of payments infrastructure provider Fincra
Fincra is a leading Nigerian fintech company that since 2021 has expanded its services beyond Nigeria to countries like Ghana, Kenya, South Africa, Uganda, Zambia, the United Kingdom and Canada. The collaboration of Fincra with airlines focuses on simplifying payments, which are a critical component of business operations. They understand that the payment process is […]
Argentina sets an example for Latin America
“This is a transformational period for aviation in Argentina,” says Peter Cerda, IATA’s Regional Vice President for the Americas, referring to recently introduced government policies setting the framework for opening and deregulating the aviation market in Argentina. The various changes were explored recently at IATA’s and ACI-LAC’s Aviation Day in Argentina. Essentially, the new regulations […]
Río Grande do Sul Launches Incentive Program for Airlines in Porto Alegre Following Devastating Floods
The government of Río Grande do Sul will establish an incentive program for airlines that launch new international flights to Salgado Filho Airport in Porto Alegre. This measure comes after the state, and particularly the area of its capital, suffered devastating floods between April and May of this year, which caused the airport, one of […]
LATAM Airlines Group reports US$146 million of net income for the second quarter of the year
LATAM group announced its financial results for the second quarter of 2024, maintaining the positive trend in its operating and financial performance. LATAM reached a net income of US$146 million, which was driven by healthy growth and margins, accumulating US$405 million in the first six months of the year. Meanwhile, total operating revenues reached US$3,030 […]
Azul and GOL Announce Codeshare Agreement
Azul and GOL airlines announce today a commercial cooperation agreement that will connect their flight networks in Brazil through a codeshare agreement. This partnership covers all domestic routes operated exclusively, meaning routes operated by one of the two companies but not the other. The agreement also encompasses frequent flyer programs, allowing Azul Fidelidade and Smiles members to […]
