IATA forecasts 5% increase in global cargo revenue in 2019

IATA is signaling that global cargo revenue is forecast to rise more than 5% year-over-year to $116 billion in 2019, driven in part by a continued robust (albeit slower) global economic outlook as well as the recent substantial fall in oil prices. According to IATA chief economist Brian Pearce, speaking at IATA’s Global Media Day […]

IATA: Local issues in Latin America hinder air travel growth

The Latin America-Caribbean region is clearly seeing growth but is hamstrung by insufficient infrastructure and air traffic management, excessive costs and taxation. Briefing media at its Geneva headquarters, IATA executives said Latin American passenger levels were expected to double by 2034 and the air transport industry’s contribution to regional GDP has the potential to rise […]

Chile: El plan del MOP para cambiar la gobernanza del aeropuerto de Santiago

Caótico. Ese es el estado del aeropuerto internacional Arturo Merino Benítez (AMB) de Santiago todos los veranos, y cada vez es peor por el ingente flujo de pasajeros que todos los años rompe récords. “Ya hemos superado los 75 mil pasajeros al día en las jornadas de mayor afluencia (el actual terminal está diseñado para […]

Iata: MP sobre capital estrangeiro em aéreas é avanço em direção à modernização

A Medida Provisória que elimina a limitação ao capital estrangeiro nas companhias aéreas brasileiras, publicada nesta tarde de quinta-feira, 13, pelo governo federal, representa mais um passo do País em direção a uma regulação mais moderna no setor. A avaliação é da Associação Internacional de Transporte Aéreo (Iata, na sigla em inglês), que reúne mais […]

IATA Launches Turbulence Aware: Platform Enabling Airlines to Share Turbulence Data

The International Air Transport Association (IATA) launched its Turbulence Aware data resource to help airlines avoid turbulence when planning routes tactically in flight. Turbulence Aware augments an airline’s ability to forecast and avoid turbulence by pooling and sharing (in real time) turbulence data generated by participating airlines. Today airlines rely upon pilot reports and weather […]

Un tercio del comercio mundial se realiza por transporte en aviones: IATA

El CEO y director de la Asociación de Transporte Aéreo Internacional (IATA, por sus siglas en inglés), Alexander De Juniac, dijo que «la aviación es una parte muy relevante de la economía global» y detalló que «aproximadamente el 1% del PIB mundial, unos US$ 900.000 millones, se gastarán en viajes aéreos en 2019». «Hoy 12 […]

Travelers will avoid Mexico City, warns Air Transport Association

Air travelers will avoid Mexico City due to the cancellation of the new airport project, the International Air Transport Association (IATA) has warned. President López Obrador confirmed in late October that the US $13-billion project at Texcoco, México state, would be scrapped following a public consultation which found 70% support to drop it. Instead, the […]

Recuperação judicial da Avianca pode ser sinal de consolidação, diz Iata

O pedido de recuperação judicial da Avianca Brasil pode ser um indicativo de que o mercado aéreo brasileiro passará por uma consolidação, avalia Peter Cerdá, vice-presidente regional para as Américas da Associação Internacional de Transporte Aéreo (Iata, na sigla em inglês). «O Brasil apresenta muitas oportunidades, tem potencial para movimentar maior volume de passageiros. A […]

IATA views flight uncertainty in no-deal Brexit as ‘very concerning’

Uncertainty over what would happen to flight bookings in the event of Britain leaving the European Union without a deal next year is «very concerning», a senior International Air Transport Association (IATA) official said on Wednesday. «I assume you can get your money back. But I have no idea what the rules would be, once […]

IATA: Economic Perspectives for 2019

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 (revised down from $33.8 billion forecast in June). Highlights of expected 2019 performance include: The return on invested capital is expected to be 8.6% (unchanged […]