Reading Time: < 1 minute The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 6.8% in November 2016 compared to the year-earlier period. This was a slight slowdown from the 8.4% annual growth recorded in October 2016 – which was a 20-month high – but was […]

Reading Time: 2 minutes The International Air Transport Association (IATA) has expressed “disappointment” that India “did not come to the table as an early adaptor” of the carbon offset and reduction scheme for the aviation sector that was agreed to at the International Civil Aviation Organisation Assembly meeting earlier this month in Montreal. “We are disappointed because other developing […]

Reading Time: 2 minutes Air France-KLM Group has reported a first-quarter net loss of €155 million ($175.3 million), narrowed from a €559 million net loss in the year-ago period. “Air France-KLM is continuing to deliver a clear improvement of its financial indicators in the first quarter of 2016, leading to a significant increase of its operating result while continuing […]

Reading Time: 2 minutes Geneva – The International Air Transport Association (IATA) announced a decision of its Board of Governors (BoG), unanimously approved at an IATA BoG meeting today, to recommend Alexandre de Juniac, Chairman and CEO of Air France-KLM, to succeed retiring Director General and CEO, Tony Tyler. With confirmation by the IATA Annual General Meeting to be […]