IATA: Air traveler numbers reach new heights
Worldwide annual air passenger numbers exceeded 4 billion for the first time The International Air Transport Association (IATA) announced industry performance statistics for 2017 on Saturday. Worldwide annual air passenger numbers exceeded four billion for the first time, supported by a broad-based improvement in global economic conditions and lower average airfares. At the same time, […]
IATA: Potential and Challenges of Indian Aviation
The International Air Transport Association (IATA) released a comprehensive report on India’s aviation market. The report focuses on the challenges of realizing the economic and social benefits of an Indian aviation industry that has tremendous potential for continued high-speed demand growth. Key findings of the report include: Indian aviation is growing fast – In 2010, […]
Strengthening Indian Aviation Preparing for a Trebling of Passengers
The International Air Transport Association (IATA) called on the government of India to maximize the potential contribution of aviation to India’s development by addressing infrastructure constraints that limit growth and government policies that impose excessive costs on aviation. Growth forecasts for India indicate a trebling of passenger demand by 2037 when some 500 million people […]
Europe Lends Aviation Expertise To Latin America
A European Union (EU)-funded initiative—the EU-Latin America Cooperation on Civil Aviation—aims at strengthening ties between the two regions. The four-year, €7 million ($8.2 million) project is managed by the European Aviation Safety Agency (EASA) and will encourage greater utilization of EU standards in Latin America, increase European market access to the region and bolster the […]
Cerda calls on Caribbean to address excessive aviation taxes
Excessive taxes across the Caribbean aviation industry are counter-productive, according to Peter Cerda, International Air Transport Association (IATA) Regional Vice President, The Americas. «While there is no denying the budgetary challenges facing many governments in the region, imposing heavy fees and taxes on aviation and air travel negatively affects levels of tourism and business travel—the […]
Has airline profitability peaked, asks IBA?
As the Farnborough Air Show approaches, leading aviation consultancy IBA, analyses current trends and issues its predictions for the remainder of 2018 as part of its general market update. Macroeconomic outlook, OEM activity, aircraft orders, fuel and lease rates are some of the key themes that IBA addresses in this month"™s report. The main topics […]
IATA Seeks to Maximize Aviation’s Benefits in the Caribbean
The International Air Transport Association (IATA) called on governments and other aviation stakeholders in the Caribbean region to work together to maximize the benefits of aviation connectivity. «Aviation is essential to supporting tourism in the Caribbean region, transporting approximately 50 percent of all tourists who travel here. It also provides a vital lifeline when disaster […]
15 Airlines Globally Earn Five Stars in OAG"™s Latest On-Time Performance Star Ratings
OAG, the global leader in flight information, has released its On-time Performance (OTP) Star Ratings, which accredits the top airlines and airports around the world for superior punctuality performance. Notable carrier performances across the globe include Qantas Airways and Qatar Airways (five stars each) and Delta Air Lines, United Airlines and KLM-Royal Dutch Airlines (four […]
IATA DG: Govts shouldn"™t use airports"™ privatisation to raise fund
Alexandre de Juniac is a Frenchbusinessman. He previously served as the Chair and CEO of Air France (2011-2013) and later as CEO of Air France"“KLM (2013-2016). He is also the current Director General and CEO of the International Air Transport Association (IATA). He spoke to WOLE SHADARE at the just-concluded IATA AGM in Sydney, Australia […]
Norway conducts first electric-aircraft flight
Norway has conducted its first electric-aircraft flight under an initiative to electrify domestic aviation by 2040. The project is supported by the government, led by state-owned airport operator Avinor, and partners are airlines Widerøe and SAS Scandinavian Airlines, the Norwegian Association of Air Sports and climate foundation ZERO…
