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IATA boosts profit forecast for 2015
North America’s thriving airlines are helping to improve the global sector’s profitability, according to the latest figures from IATA.At the body’s AGM yesterday (June 8), Tony Tyler revealed its...
View ArticleIATA urges Venezuela to release $3.7bn ticket funds
Tony Tyler, IATA’s CEO, has once again called on the Venezuelan government to resolve the long-standing dispute with foreign carriers which sees it withholding $3.7bn in funds generated from ticket...
View ArticleTougher, smarter regulation needed in Africa, says IATA
The burgeoning commercial aviation sector in Africa is being impeded by “ill-conceived regulation, poor safety oversight, and inadequate and costly infrastructure”, IATA’s director general and CEO...
View ArticleBiofuel targets at risk
More than 20 airlines have trialled biofuels since they were approved for use in 2011.Used cooking oil, algae, jatropha, camelina and even human waste are all being refined into Jet A substitutes,...
View ArticleIATA warns of challenges to India’s aviation sector
Regulation, heavy taxation and expensive infrastructure could restrict the Indian aviation industry’s future growth, according to IATA’s CEO Tony Tyler.Speaking at an IATA event in New Delhi, Tyler...
View ArticleStability reigns, more or less, among operators
Airline bean counters have lost a little confidence since the end of 2014, a new IATA survey claims, although most CFOs still expect improved profits over the next 12 months.Regarding future...
View ArticlePassenger numbers up 5.7% in June, says IATA
Global passenger traffic grew 5.7 per cent in June compared with the previous year, according to the latest IATA data.Demand for domestic travel rose 6.5 per cent on June 2014 figures, stronger than...
View ArticleRecord-breaking numbers in July as oil prices fall again
In recent months the industry has welcomed record-breaking statistics, bragging statements and surging profits from both low cost carriers (LCC) and big U.S carriers.Just last month, American Airlines...
View ArticleTIACA appoints new director
The International Air Cargo Association (TIACA) has appointed Warren Jones as its new director. Jones will report to TIACA secretary general Doug Brittin and will be based at the organisation’s...
View ArticlePassenger numbers up 8.2% in June, says IATA
Global passenger traffic grew 8.2 per cent in July compared with the previous year, according to the latest IATA data.Demand for domestic travel rose 7.6 per cent on June 2014 figures, a figure...
View ArticlePassenger numbers up 7.1% in August, says IATA
Global passenger traffic grew 7.1 per cent in August compared with the previous year, according to the latest IATA data.Demand for domestic travel also climbed by 7.1 per cent year-on-year while demand...
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EU examines escalating MRO costs
Europe’s MRO sector is in the sights of antitrust authorities, who have asked for airline views on potentially anti-competitive behaviour.According to one operator interviewed by the Financial Times–...
View ArticleReport makes conclusions on MH17
A new report from the Dutch Safety Board (DSB) has concluded that the July 2014 crash of Malaysia Airlines Flight MH17, which resulted in the death of 298 people, was caused by a Russian-made Buk...
View ArticleAsia shuns first-class
Demand for premium air travel nosedived in mid-2008 and has never recovered its pre-crisis share of total ticket sales. Every year since 2009, business and first-class traffic has hovered around 5.7...
View ArticleIATA calls for governments and airports to unite
Yesterday (October 26) IATA called for a “deeper partnership” between airports and governments in order to improve passenger experience through improved security processes and better handling of...
View ArticleIATA CEO urges governments to adopt the “winning formula”
This week, the Latin America and Caribbean Air Transport Association (ALTA) Airline Leaders Forum takes place in San Juan, Puerto Rico. And at the event yesterday (November 16), IATA’s director general...
View ArticleIATA: Passenger numbers to reach seven billion by 2034
Global passenger numbers are expected to reach seven billion by 2034 with a 3.8 per cent average annual growth in demand, according to the latest IATA passenger growth forecast.Based on IATA’s...
View ArticleEmptying the reservoir of new air passengers
Bumper summer trading is set to make 2015 a record year for many of the world’s big airlines, but new data suggest they won’t easily repeat such successA ballpark figure for air passenger growth is...
View ArticleThe AACO releases a report on growth
This week, the Arab Air Carriers Organisation (AACO) celebrates its 48th annual general meeting (AGM) and yesterday (November 30) released a report that looked back over the last term, evaluating the...
View ArticlePassenger numbers up 7.5% in October, says IATA
Global passenger traffic grew 7.5 per cent in October compared with the previous year, according to the latest IATA data.Demand for domestic travel climbed by 7.3 per cent year-on-year while demand for...
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