IATA ropes in global airline industry to fight human trafficking
The International Air and Transport Association (IATA) has called on governments and law enforcement agencies around the world to provide clear and anonymous mechanisms for airline staff members to report potential human trafficking situations. The request comes after IATA recently pledged to mobilise the airline industry in the fight against human trafficking that the International […]
ALTA traffic report october 2017
The Latin American and Caribbean Air Transport Association (ALTA) announced today that Latin America and Caribbean airlines carried 20.9 million passengers in October, up 3.9% – or 790,546 more passengers – from the previous year. Traffic (RPK) grew 8% and capacity (ASK) increased 4.3%, bringing up the load factor to 85.8%, 3 percentage points higher […]
IATA Sees Good Times Continuing for Airlines
Airlines expect to record their fourth consecutive year of "sustainable profit" in 2018 on continued rising passenger growth and cargo, International Air Transport Association (IATA) leaders reported at the airline trade association"™s annual media day. Forecasts suggest a 6 percent increase in business travelers, to 4.3 billion, despite a 3 percent increase in ticket prices, […]
Airline Earnings to Jump 11% as Fares Rise and Cargo Rebounds
Global airline earnings this year will top previous forecasts and surge to a record in 2018, spurred by higher fares and burgeoning cargo demand, according to the industry"™s main trade group. Net income for 2017 is likely to total $34.5 billion, $3.1 billion higher than forecast in June, the International Air Transport Association said Tuesday […]
Strong Airline Profitability Continues in 2018 Operating Margins Squeezed by Rising Costs
The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017 (revised from a $31.4 billion forecast in June). Highlights of expected 2018 performance include: A slight decline in the operating margin to 8.1% (down from 8.3% […]
Emirates Airlines named "˜launch customer"™ of IATA"™s Dangerous Good Regulations for Electronic Flight Bags
The International Air Transport Association (IATA) named on Monday Emirates Airlines as the launch customer for its Dangerous Goods Regulations (DGR) for Electronic Flight Bags (eFB) format, which aims to help flight crews pre-check and identify dangerous good shipments. The eFB format was designed to enable flight crews to easily access information about dangerous goods […]
IATA, ALTA Sign MoU with Argentine Government to Promote Competitive Air Transport
The International Air Transport Association (IATA) and the Latin America and Caribbean Air Transport Association (ALTA) signed a Memorandum of Understanding (MoU) with the Argentine government to optimize air transport competitiveness in Argentina. The MoU was signed by Guillermo Dietrich, Argentina"™s Transport Minister; Peter Cerda, IATA"™s Regional Vice President for the Americas and Luis Felipe […]
Amedeo plans airline-for-hire service using its fleet of A380s
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IATA Calls for Valuable Lessons to be learnt from PED Ban
The International Air Transport Association (IATA) called for aviation security to be further strengthened by addressing four key areas; (1) closer government-to-government cooperation to eliminate the long-term challenges of extraterritorial measures, (2) the universal application of global standards, (3) better information-sharing among governments and with industry, and (4) the efficient implementation of new and existing […]
Airlines see strong Q3 performance despite dip
Initial financial data shows that global airlines’ profitability remained robust in the third quarter, albeit easing slightly from a year ago. A sample of 26 airlines analysed by the International Air Transport Association (IATA) revealed a 16.3% margin in earnings before interest and taxes (Ebit) in July-September, down from 18.2% in the same period last […]
