Jet fuel prices in region drop by 49.2 per cent in a year

This is the largest fall in five years as prices fell in Europe also by 47.6 per cent Jet fuel prices fell last July by 15.6 per cent to $59.8 per barrel in the Middle East and Africa, according to IATA"™s jet fuel index. The prices of jet fuel recorded the largest fall in five […]

Growth for premium air tickets remains "˜flat"™

Demand for premium air cabins for flights within Europe has slowed to a growth of just 0.4 per cent due to "weaknes" in the eurozone countries. The latest figures from IATA show that global premium air travel only grew by 2.3 per cent in February compared to the same month in 2014 when the market […]

Partnership for Aviation in Eastern Europe

The International Air Transport Association (IATA) urged governments in Eastern Europe to work with industry stakeholders to fully realize the benefits of aviation across the region. "Aviation connectivity can play a key role in the economic success of Eastern Europe. But in order to achieve these benefits, the region will need to tackle some long-standing […]

Solid Demand Growth Continues in July Asia Weakens as Europe Gains Strength

The International Air Transport Association (IATA) announced that demand for air travel recorded another solid month of growth in July. Overall revenue passenger kilometers (RPKs) were up 5.0% compared to July 2012. All regions were up year-on-year, with emerging markets recording the strongest increases.. Capacity rose 5.5% on the previous July, ahead of demand, and […]