IATA: Gains in airline traffic
GENEVA, 8 May 2013: The globe’s air-passenger traffic rose by a solid 5.9% in March compared with a year ago, fuelled by strong performances in emerging markets, according to the latest International Air Transport Association report.
“Strong demand for air travel is consistent with improving business conditions,” IATA chief Tony Tyler said in a statement.
“Performance, however, has been uneven. Mature markets are seeing relatively little growth while emerging markets continue to show a robust expansion.”
Global air traffic grows
GENEVA, 3 May 2013: Worldwide air-passenger traffic rose by a solid 5.9% in March compared with a year ago, fuelled by strong performances in emerging markets, the International Air Transport Association said Wednesday.
“Strong demand for air travel is consistent with improving business conditions,” IATA chief Tony Tyler said in a statement.
“Performance, however, has been uneven. Mature markets are seeing relatively little growth, while emerging markets continue to show a robust expansion.”
OTCs attack IATA resolution
May 2, 2013 by PRnewswire
Filed under Aviation, News
WASHINGTON, 2 May 2013: Closed-door deliberations by a group of major airlines could ultimately limit how consumers shop and compare airline fares and schedules and should not be endorsed by the US Department of Transportation, a leading trade group representing travel distribution and online travel companies urged in its filing to the DOT.
Travel Tech, a travel technology association formally submitted to the US Department of Transportation answers in opposition to an application by the International Air Transport Association (IATA) for approval of the inter-carrier agreement contained in Resolution 787 (Enhanced Airline Distribution).
Since IATA failed to show that the agreement to develop the New Distribution Capability (NDC) is in the public interest as required under 49 USC Section 41309, Resolution 787 should not be approved the association told the DOT.
Aviation key to Africa’s economic growth
April 17, 2013 by TTRweekly Staff
Filed under Aviation, News
ADDIS ABABA, 17 April 2013: The International Air Transport Association has called on African governments to build stronger partnerships with the industry and promote aviation policies that will improve safety, develop a more competitive industry cost structure and advance liberalisation.
Aviation is a key driver of Africa’s economy. Some 6.7 million African jobs and nearly US$68 billion in African GDP are supported by air transport, IATA explained in its media statement.
“The benefits of aviation connectivity go far beyond these figures. With a few km of runway the most remote region can be connected to the global community. And that could mean access to vital sources of health care and emergency assistance; jobs selling products in global markets or welcoming tourists; or opportunities for education, exploring the world or creating business,” said IATA’s director general and CEO, Tony Tyler’s during IATA’s Aviation Day Africa in Addis Ababa, Ethiopia.
Security soars over cutbacks
PARIS, 21 March 2013: The airport security sector is still expected to soar despite US budget cutbacks as air traffic grows and the threat of terrorism persists, analysts say.
Screening passengers and baggage as well as surveillance at airports is a business that has boomed as countries radically tightened security in the wake of the 11 September attacks.
While airport security is one of the areas to be hit in the United States by mandatory budget cuts, the expected growth of air travel is expected to drive increased spending on security.
Flying got safer in 2012
March 1, 2013 by TTRweekly Staff
Filed under Aviation, News
MONTREAL, 1 March 2013: The International Air Transport Association announced, Thursday, that the 2012 global accident rate for Western-built jets was the lowest in aviation history.
Highlights of the report showed:
• The 2012 global Western-built jet accident rate (measured in hull losses per million flights of Western-built jets) was 0.20, the equivalent of one accident every 5 million flights.
• This represented a 46% improvement over 2011, when the accident rate was 0.37, or one accident for every 2.7 million flights.
IATA: Boom in airlines passengers
December 14, 2012 by TTRweekly Staff
Filed under Aviation, Europe, News
GENEVA, 14 December 2012: International Air Transport Association in its latest forecast claims airlines will serve 3.6 billion passengers by 2016. That’s about 800 million more than the 2.8 billion passengers in 2011.
IATA Airline Industry Forecast 2012 to 2016 was released earlier this weekly stating passenger numbers could expand by an average of 5.3% per annum between 2012 and 2016. The 28.5% increase in passengers over the forecast period will see almost 500 million new passengers traveling on domestic routes and 331 million new passengers on international services.
The forecast is based on the premise that fuel prices will be stable, supplies will not be disrupted, the Eurozone crisis will be resolved and that there will no major military conflicts in the Middle East.
Airlines head for profit in 2012
GENEVA, 14 December 2012: Airlines will pull in sharply higher profits this year and next than previously expected, the International Air Transport Association (IATA) announced on Thursday.
The organisation told reporters in Geneva that airlines globally are now expected to post profits of US$6.7 billion (5.15 billion euros) this year, up from its previous estimate on October 1 of US$4.1 billion.
IATA said the increase was mainly due to restructuring efforts in the airline industry, and had little to do with the overall economic climate, which remained depressed.
Thai university ties up with IATA
November 23, 2012 by Rapeepat Mantanarat
Filed under News, Thailand
BANGKOK, 23 November 2012: Suan Sunandha Rajabhat University was recently appointed as an IATA Authorised Training Centre to provide international standard education to students from Thailand and neighbouring countries.
The courses will begin next year offering training in travel and tourism; aviation and cargo at three levels; elementary, intermediate and advance. Subjects will also be integrated into the college’s related bachelor degree courses.
The International College offers a bachelor degree English programme that covers airline business, tourism management, hotel and restuarant business and hospitality and tourism management.
Travelport waves a flag at IATA
October 26, 2012 by TTRweekly Staff
Filed under News, Technology
SYDNEY, 26 October 2012: Travelport has called on the IATA to ensure its new so-called Distribution Capability (NDC) initiative is fair and equally represents the needs of all participants in the end-to-end travel supply chain.
The global distribution system says it shares the concerns raised by trade bodies such as the American Society of Travel Agents, the Business Travel Coalition and the Guild of Business Travel Agents that have called for real collaboration across the value chain, including GDSs and the travel agency community.
Obviously concerned that global distributions systems could be overlooked in the discussions on NDC, Travelport in its comments says it welcomes open engagement with IATA claiming it has always maintained that standards are an important aspect of the technology landscape.
