Global airline shares up 44% y-o-y in June, says IATA
Global airline share prices increased and outperformed the global equity index for the third month in a row in June, according to the International Air Transport Association (IATA). In its June 2017 Airline Financial Monitor released today, IATA said airline shares had risen by more than 20% since start-2017, and are currently around 44% higher […]
Canada And Thailand Expand Aviation Agreement
Canada and Thailand have signed an updated air-transport agreement that removes limits on the airlines that can fly between the countries, and the cities they can serve. Under the new agreement, which follows a previous 1989 accord, Thai and Canadian carriers can fly an aggregate of 21 flights per week to either country. Of these […]
Virgin Atlantic reveals 22% cut to carbon emissions
A multi-billion-dollar Boeing fleet investment, engine taxiing and weight management have all contributed to Virgin Atlantic reducing total aircraft carbon emissions by 22% since 2007, with similar footprint reductions generated for other carbon-efficiency measurements. The carbon savings, revealed in Virgin Atlantic"™s latest sustainability report on Monday (26 June), were accelerated through an 8% reduction in […]
Qantas to Host 74th IATA AGM in Sydney
The International Air Transport Association (IATA) announced that Qantas will host the 74th IATA Annual General Meeting (AGM) and World Air Transport Summit. The event will attract the top leadership of the air transport industry to Sydney, Australia, from 3 5 June 2018. «Sydney is an excellent choice to become the capital of the global […]
Defending the Business of Freedom
The International Air Transport Association (IATA) reported that the global airline industry"™s performance on safety, sustainability and profitability is solid, but the industry faces the threat of protectionist measures being implemented by governments. IATA also called for governments to enhance their collaboration with the industry to meet rising security challenges, avert a looming infrastructure crisis […]
Airlines Commit to Air Cargo Modernization
The International Air Transport Association (IATA) 73rd Annual General Meeting (AGM) adopted a resolution to accelerate the modernization and transformation of the air cargo industry. The resolution builds on the momentum created by the entry into force of the World Trade Organization"™s (WTO"™s) Trade Facilitation Agreement (TFA). «The TFA commits governments to making trade faster, […]
Laptop ban affecting Middle East-US traffic: IATA
Restrictions on bringing large electronic devices into aircraft cabins on certain routes to the United States are affecting traffic between the Middle East and the United States, a global airlines’ association said on Thursday. Overall demand for air travel rose 10.7% in April, but the growth rate for the Middle East airlines was slower than […]
Robotic kiosks and other new tech coming to your airport
There"™s some cool new technology "” and creative uses of emerging technologies "” poised to make your trip through the airport less painful and, possibly, more rewarding. That"™s the takeaway from the Air Transport IT Summit held in Brussels last week, convened by SITA, a global air transport IT provider owned by airlines and other […]
Buoyant demand for air transport across the worlds airports in first quarter of 2017
An overall strengthening of global economic conditions and the continued drop in the cost of air transport through lower fares has helped bolster air transport demand in the first quarter of 2017. Accumulated passenger traffic grew 5.6% year-over-year for the first quarter and for the month of March. While all regions posted solid gains during […]
RIOgaleão faz pedido à Anac para troca de sócios de consórcio
O consórcio que administra o aeroporto Galeão, no Rio de Janeiro, deu entrada nesta quarta-feira na Agência Nacional de Aviação Civil (Anac) em pedido de troca de sócios, enquanto segue o processo para a entrada do grupo chinês HNA no lugar da Odebrecht Transport. Segundo a Odebrecht Transport, um acordo de exclusividade com a HNA […]
