Tag: Alexandre de Juniac

Passenger Airport Charges Double in 10 Years

Reading Time: 2 minutes The International Air Transport Association (IATA) calls on the European Union to significantly strengthen economic regulation of major European airport monopolies by focusing on the interests of passengers. Enforcing greater cost-efficiency at Europe’s airports will feed through into cheaper air fares, stimulate travel and enhance European competitiveness. In turn, this will support jobs and grow […]

Double Digit Growth for Global Air Freight Demand in July

Reading Time: 3 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), increased by 11.4% in July 2017 compared to the same period a year ago. This was the fourth time in five months that double-digit annual growth was recorded. July’s year-on-year increase in demand […]

YY Fares Retire After Seven Successful Decades

Reading Time: 2 minutes The International Air Transport Association (IATA) announced that the YY Fares will be rescinded from 31 October 2018. The decision to rescind YY Fares was taken with a vote by the IATA Passenger Tariffs Conference on 28 June 2017. The rescinding of YY fares reflects the dramatic transformation that continues to take place in the […]

Global Air Freight Demand Increases 13% in May

Reading Time: 3 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and is more than three times higher than the five year […]

Strong Profits Continue – Labor, Fuel and Supplier Costs on the Rise

Reading Time: 7 minutes The International Air Transport Association (IATA) revised its 2017 industry profitability outlook upwards. Airlines are expected to report a $31.4 billion profit (up from the previously forecast $29.8 billion) on revenues of $743 billion (up from the previously forecast $736 billion). “This will be another solid year of performance for the airline industry. Demand for […]

First Quarter Ends on Strong Note for Passenger Traffic

Reading Time: 4 minutes The International Air Transport Association (IATA) announced global passenger traffic results for March 2017 showing that demand (measured in revenue passenger kilometers, or RPKs) rose 6.8%, compared to the same month a year ago. Capacity grew 6.1% and load factor climbed by half a percentage point to 80.4%, which was a record for the month. […]

Global Standards, Cooperation & Data Key to Keeping Aviation Safe

Reading Time: 2 minutes The International Air Transport Association (IATA) urged aviation safety stakeholders to reinforce their commitment to a safety framework based on global standards, cooperation and dialogue, and effective use of data. “Safety is the top priority for all involved in aviation—and aviation is the safest form of long-distance travel. Last year there were over 40 million […]

Governments Urged to Support Aviation’s Ability to Drive Economic Growth

Reading Time: 3 minutes The International Air Transport Association (IATA) urged governments to support the vital role aviation plays in connecting people and commerce around the globe. “Our world has grown much wealthier through trade and travel. Air travel liberates people to live better lives and makes our world a better place,” said Alexandre de Juniac, IATA’s Director General […]

African Airlines Had Their Best Growth Performance In 2016

Reading Time: 3 minutes The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]

Another Strong Year for Air Travel Demand in 2016

Reading Time: < 1 minute The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]