Airbus BelugaXL rolls-out of paintshop
The first BelugaXL has rolled out of the paintshop unveiling a special livery making it look like a Beluga Whale. The livery was one of six choices submitted to Airbus employees through a poll in which 20,000 people participated. With 40% votes in favour, the smiley livery won. The BelugaXL will now undertake ground tests […]
Airbus enters partnership with government of Côte d’Ivoire
Airbus and the government of Côte d"™Ivoire signed a Memorandum of Understanding (MoU) to establish a framework of collaboration to support the development of the country"™s aerospace industry which has been identified as strategic for its economic development. The MoU was signed today by his Excellency Amadou Koné, Minister of Transport of the Republic of […]
Global airline share prices up 2.1% y-o-y in May, says IATA
Airline financial data continue to show that industry profitability improved in Q1 2018 relative to the same period a year ago, according to the International Air Transport Association (IATA). However, it said global airline share prices fell by a further 2.8% in May "“ the fourth monthly decline in a row "“ to leave them […]
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 […]
IATA urges governments to ease visa, travel restrictions
The International Air Transport Association (IATA) has called upon governments around the world to ease unnecessary visa and travel restrictions and facilitate passenger movement across borders, which IATA said would spur global economic growth. "The economic and social benefits of aviation can be spread only by removing onerous barriers to the free movement of people […]
Solid Profits Despite Rising Costs
The International Air Transport Association (IATA) announced its expectation for airlines to achieve a collective net profit of $33.8 billion (4.1% net margin) in 2018. This is a solid performance despite rising costs, primarily fuel and labor, but also the upturn in the interest rate cycle. These rising costs are the main driver behind the […]
IATA 74th AGM begins in Sydney
A 3-day long International Air Transport Association’s (IATA) 74th Annual General Meeting (AGM) sponsored by Qantas Airlines begins in Sydney One of the most prestigious events on the aviation calendar, the AGM "“ and the associated World Air Transport Summit "“ has attracted more than 1,000 delegates will focus on key issues concerning the global […]
IATA, AFRAA sign MoU to Advance Aviation in Africa
The International Air Transport Association (IATA) and The African Airline Association (AFRAA) signed a memorandum of understanding (MoU) to deepen their cooperation. The MoU was signed by Alexandre de Juniac, IATA"™s Director General and CEO and AFRAA"™s Secretary General, Abderahmane Berthé on the sidelines of the 74th IATA Annual General Meeting in Sydney. Under the […]
Airline executives at IATA’s annual meeting brace for oil price turbulence
Airline executives are gathering in Sydney’s winter chill under the shadow of higher oil prices and a string of accidents after enjoying a near-spotless 2017 in terms of profits and safety. The annual meeting of the International Air Transport Association (IATA), with 130 CEOs and 1,000 delegates, will kick off on Sunday, and worries that […]
Fortaleza: a New Hub to Connect Latin America with the World
As Air France-KLM and Gol Líneas Aéreas started its hub operations in Fortaleza, Brazil, ALTA expressed the importance of this new center of connection between Europe, the United States and South America. In an interview with Diario do Nordeste, Luis Felipe de Oliveira, Executive Director of ALTA, commented the impact of this news for the […]
