Global air travel demand grows

August 4, 2017 by  
Filed under Aviation, News

GENEVA, 4 August 2017: Demand for global airline travel grew 7.8% in June compared to the year-ago period, the International Air Transport Association (IATA) announced Thursday.

IATA measures growth in total revenue passenger kilometres or RPKs.

Growth in June was similar to the 7.7% increase achieved in May 7.8% and all regions reported improvements. Seat capacity in the month (available seat kilometres or ASKs) increased by 6.5%, and load factor rose 1% to 81.9%. Read more

MH seeks more A330s

June 8, 2017 by  
Filed under Aviation, Malaysia, News

CANCUN, MEXICO, 8 June 2017: Malaysia Airlines is close to signing deals for six or seven second-hand A330 planes for its fleet this year as it seeks to grow international routes amidst good demand for summer bookings, its chief executive told Reuters on the sidelines of the IATA annual general meeting earlier this week.

Malaysia Airlines has been in talks with airlines and leasing companies about bringing in used wide-body planes to replace older aircraft that it currently flies on routes to India, China and Hong Kong.

Earlier in the year the airline said it would off-load six Airbus A380s or use them for charter and pilgrimage flights and on some high density routes to Japan and South Korea. Currently they are used to fly a double daily service to London. Read more

Qatar leads in baggage tracking

April 19, 2017 by  
Filed under Aviation, Middle east, News

DOHA, QATAR, 19 April 2017: Qatar Airways has become the first airline  to achieve compliance with the International Air Transport Association (IATA) Resolution 753 at its hub in Hamad International Airport (HIA).

The resolution requires airlines to track every piece of baggage from the start of the journey all the way through to its finish.

The certification has been achieved through the airline’s in-house developed baggage management system as well as its real-time integration with the Qatar Airways website and mobile app. Read more

Japan faces aviation challenges

March 10, 2017 by  
Filed under Aviation, News

TOKYO, 10 March 2017: Japan needs to initiate improvements to its airport infrastructure, especially in Tokyo ahead of the country’s hosting of the 2020 Olympics, International Air Transport Association’s CEO stated in presentation earlier this week in Tokyo

Japan has set aggressive targets for attracting international tourist arrivals. In 2016 Japan welcomed some 24 million international tourists.

In the 2020 Olympic year, Japan hopes to welcome 40 million visitors, who are expected to spend some USD70 billion (JPY 8.0 trillion). Read more

2017 promises profits for airlines

December 9, 2016 by  
Filed under Aviation, News

GENEVA, 9 December 2016: The global airline industry is set to make a net profit in 2017 of USD29.8 billion, according to the latest International Air Transport Association forecast released Thursday.

It forecasts revenues of USD736 billion that represents a 4.1% net profit margin.

This will be the third consecutive year (and the third year in the industry’s history) in which airlines will make a return on invested capital (7.9%). Read more

IATA names VP for Africa and Middle East

November 23, 2016 by  
Filed under Aviation, News, Trade Talk

GENEVA, 23 November 2016: The International Air Transport Association (IATA) has named Muhammad Ali Albakri as its new regional vice president for Africa and the Middle East.

Albrakri’s appointment is effective 1 January 2017.

He will be based in the IATA regional office in Amman, Jordan. Read more

IATA: Aviation a priority in Latin America

November 15, 2016 by  
Filed under AMERICAS, Aviation, News

MEXICO CITY, 15 November 2016: The International Air Transport Association urged governments in Latin America and the Caribbean, Monday, to make infrastructure a priority in unlocking aviation’s economic and social benefits.

Passenger demand in Latin America and the Caribbean is expected to more than double from 298 million in 2015 to 658 million in 2035.

If that demand is met, the number of jobs supported by aviation in the region will grow from 5.4 million to 8.4 million over the same period. And aviation’s contribution to regional GDP will increase from USD176 billion to USD380 billion. Read more

IATA forecasts massive growth

October 19, 2016 by  
Filed under Aviation, News

GENEVA, 19 October 2016: The International Air Transport Association (IATA) forecasts 7.2 billion passengers will travel in 2035, nearly double the 3.8 billion air travellers in 2016.

The prediction is based on a 3.7% annual Compound Average Growth Rate (CAGR) according to the latest update of the association’s 20-Year Air Passenger Forecast.

“People want to fly. Demand for air travel over the next two decades is set to double. Enabling people and nations to trade, explore, and share the benefits of innovation and economic prosperity makes our world a better place,” said IATA’s director general and CEO.  Alexandre de Juniac. Read more

Airlines ready to reduce emissions

September 30, 2016 by  
Filed under AMERICAS, News

MONTREAL, 30 September 2016: After years of delays and failures, the airline industry began this week complex negotiations to implement a scheme to reduce its carbon footprint.

Although the aviation sector was exempted from the December 2015 Paris accord on reducing greenhouse gas emissions linked to global warming, aviation officials are mindful of the need to curb the sector’s growing CO2 emissions.

Climate change topped the agenda at the opening of the International Civil Aviation Organisation (ICAO)’s triennial meeting earlier this week. Read more

IATA tells industry to get up to speed

September 23, 2016 by  
Filed under Aviation, Events, News, Singapore

SINGAPORE, 23 September 2016: The International Air Transport Association called for speed and innovation to enable aviation to continue to deliver economic benefits.

“Aviation is the business of freedom. We make global mobility ubiquitous. For 63 million people, aviation provides the freedom to earn their livelihood. For 3.8 billion travellers aviation includes the freedom to explore the world, develop business, make friendships, visit relatives or make their lives better,” said IATA’s director general and CEO, Alexandre de Juniac.

“Speed and innovation will secure our future so that we can continue to deliver these benefits.” Read more

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