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…
Ecuador Aviation: liberalising and courting LCCs
Growth among Ecuador"™s airlines has slowed during the last few years based on seat deployment as the country dipped into a recession during 2016. Even as it returned to positive economic growth in 2017, Ecuador"™s growth prospects remain below historical levels for 2018 and 2019. Ecuador"™s largest airline state-owned TAME has also cut its seat […]
Barbados welcomes IATA Aviation Day Caribbean in two weeks!
IATA, ALTA & The Caribbean Development Bank have joined forces to host an Aviation Day for the Caribbean in Barbados. The goal of the event is to bring together industry experts, senior airline and airport executives, and government authorities to discuss aviation"™s largest opportunities and key challenges across the Caribbean region. IATA"™s global Aviation Days […]
EyesOpen campaign aimed at human trafficking in the aviation industry
The International Air Transport Association (Iata) is continuing efforts to mobilise the global airline industry in the fight against human trafficking, the organisation said at its recent 74th annual general meeting in Sydney. Staff in the transport industry can play a key role in helping to combat the problem, it said. Iata"™s EyesOpen campaign focuses […]
Lufthansa Group sets new fuel efficiency record
The Lufthansa Group has set a new fuel efficiency record. In 2017, the aircraft of the passenger fleets required an average of just 3.68 liters (.972 gal) of kerosene to transport a passenger 100 kilometers (62 miles) , 2016: 3.85 l (.972 gal) / 100 pkm (62 miles). This represents an improvement of 4.5 percent […]
Akbar Al Baker New IATA Board Chairman
The International Air Transport Association (IATA) announced that Qatar Airways Group Chief Executive, His Excellency Akbar Al Baker, has assumed his duties as Chairman of the IATA Board of Governors (BoG) for a one-year term effective from the conclusion of the 74th IATA Annual General Meeting in Sydney, Australia. Al Baker is the 77th chair […]
