IATA AGM 2017: Strong profits forecast for aviation industry
The International Air Transport Association has revised its 2017 industry profitability outlook upwards. Airlines are expected to report a $31.4 billion profit (up from the previously forecast $29.8 billion) on revenues of $743 billion (up from the previously forecast $736 billion). "This will be another solid year of performance for the airline industry. "Demand for […]
Cancún: En puerta, cuatro nuevas rutas aéreas
Anualmente el Aeropuerto Internacional de Cancún crece a un ritmo de 10% en volumen de pasajeros, por lo que este año la cifra podría rebasar los 23 millones de usuarios movilizados. El director municipal de Turismo de Cancún, Francisco López Reyes, anticipó que al término de este año el Aeropuerto Internacional de Cancún cerrará con […]
Qantas to Host 74th IATA AGM in Sydney
The International Air Transport Association (IATA) announced that Qantas will host the 74th IATA Annual General Meeting (AGM) and World Air Transport Summit. The event will attract the top leadership of the air transport industry to Sydney, Australia, from 3 5 June 2018. «Sydney is an excellent choice to become the capital of the global […]
China’s airlines’ growing presence in Latin America: China Eastern considers Mexico City
Chinese airlines are turning their focus to Latin America at the direction of their government, which wants a global presence from its airlines. Air China serves São Paulo and Havana (which it considers part of Latin America), and in Apr-2017 China Southern launched Mexico City as a tag from Vancouver. HNA partially owns Brazil’s Azul […]
Airlines Commit to Air Cargo Modernization
The International Air Transport Association (IATA) 73rd Annual General Meeting (AGM) adopted a resolution to accelerate the modernization and transformation of the air cargo industry. The resolution builds on the momentum created by the entry into force of the World Trade Organization"™s (WTO"™s) Trade Facilitation Agreement (TFA). «The TFA commits governments to making trade faster, […]
Strong Profits Continue Labor, Fuel and Supplier Costs on the Rise
The International Air Transport Association (IATA) revised its 2017 industry profitability outlook upwards. Airlines are expected to report a $31.4 billion profit (up from the previously forecast $29.8 billion) on revenues of $743 billion (up from the previously forecast $736 billion). «This will be another solid year of performance for the airline industry. Demand for […]
IATA: Latin American aviation industry needs government support
IATA regional VP for the Americas Peter Cerda, at the IATA AGM, said (05-Jun-2017) Latin America has all the necessary elements to become an aviation success story, but many of the region’s governments are not treating air carriers as partners that drive social and economic development. Mr Cerda said air transport generates USD167 billion in […]
IATA close to agreements in revised Single European Sky effort
IATA is "two or three weeks away" from announcing its first agreements with national air navigation service providers (ANSPs) under a revised effort towards achieving its Single European Sky (SES) goal. Speaking at the association"™s AGM in Cancun today, Rafael Schvartzman, IATA’s regional vice-president Europe, says: "It"™s good that we work together [with national authorities] […]
Cierra Thomas Cook Airlines Bélgica, vendida a trozos
La aerolínea vacacional Thomas Cook Bélgica, que transporta un millón de viajeros anuales se vendió ayer a dos compañías: Brussels Airlines, parte del grupo Lufthansa y el operador regional VLM. La medida es una de las muchas que tiene en marcha el grupo Thomas Cook para reducir sus pérdidas y rentabilizar el tour operador. Según […]
China to raise mandatory retirement age for pilots
The Civil Aviation Administration of China (CAAC) plans to raise the mandatory retirement age for pilots from the current 60 as part of a strategy to ease the shortage faced by Chinese airlines. The agency has yet to arrive at a decision on the exact age, but it plans to implement the change in two […]
