Tag: IATA

“No Deal” Brexit Endangers Future Air Connectivity

Reading Time: 1 minute The International Air Transport Association (IATA) said that, although most passengers’ flights will go ahead despite the decision of UK Members of Parliament to reject the UK-EU Brexit agreement, there remains uncertainty for both travelers and airlines about post-Brexit air connectivity. A ‘no deal’ Brexit could lead to a cap on flights that will stunt […]

IATA: Airlines’ Profits Set to Soar in 2019

Reading Time: 2 minutes The International Air Transport Association (IATA) forecasts the global airline industry net profit to be $35.5 billion in 2019, slightly ahead of the $32.3 billion expected net profit in 2018 (revised down from $33.8 billion forecast in June). Lower oil prices and solid, albeit slower, economic growth (+3.1%) are extending the run of profits for […]

IATA: It Is the Time to Manage Turbulence

Reading Time: 1 minute The International Air Transport Association (IATA) launched its Turbulence Aware data resource to help airlines avoid turbulence when planning routes tactically in flight. Turbulence Aware augments an airline’s ability to forecast and avoid turbulence by pooling and sharing (in real time) turbulence data generated by participating airlines. Today airlines rely upon pilot reports and weather […]

IATA Calls for a Spirit of Change

Reading Time: 2 minutes The International Air Transport Association (IATA) called for a spirit of change from governments to capture the social and economic benefits of air connectivity, by enabling a more competitive air transport sector. Today 8.5 million flights touch Europe each year. That activity supports 12.2 million jobs and $823 billion of European GDP. Those benefits have […]

IATA Outlines Urgent Priorities to Minimize Brexit Impacts

Reading Time: 2 minutes The International Air Transport Association (IATA) has called for urgent action by the UK and the European Union to put in place contingency planning for the continuation of air services in the event of a ‘no-deal Brexit’. Intention is to move much faster and to bring certainty to three critical air transport issues: the uninterrupted […]

IATA Forecast Predicts 8.2 billion Air Travellers in 2037

Reading Time: 3 minutes The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037. The latest update to IATA’s 20-Year Air Passenger Forecast, shows that an increasing shift Eastwards in the center of gravity of the industry is behind the continued strong growth. Over the next […]

Central America to Derive More Benefits from Aviation Connectivity?

Reading Time: 2 minutes The International Air Transport Association (IATA) urged governments across Central America to work with industry to maximize the benefits that aviation can bring to the region. “Aviation supports over 859,000 jobs and makes a $17.9 billion contribution in gross value added to the combined GDP of the seven Central American countries,” said Peter Cerda, IATA’s […]

Preparing for the New Era of Airline Retailing

Reading Time: 1 minute The International Air Transport Association (IATA) announced that the Airline Industry Retailing Symposium (AIRS), formerly part of the World Passenger Symposium (WPS), will focus on how changes in distribution and payment are paving the way for a new era of airline retailing. “Initiatives like the New Distribution Capability are enabling airlines to become true internet […]

Indian Aviation Prepares for a Trebling of Passengers

Reading Time: 3 minutes The International Air Transport Association (IATA) called on the government of India to maximize the potential contribution of aviation to India’s development by addressing infrastructure constraints that limit growth and government policies that impose excessive costs on aviation. Growth forecasts for India indicate a trebling of passenger demand by 2037 when some 500 million people […]

Job Growth Expected in Three Major Areas of Aviation Industry

Reading Time: 2 minutes IATA has revealed the results of a global survey of over 100 leading industry HR professionals at airlines, airports and ground service providers, carried out by Circle Research. Its aim is to learn more about how HR decision-makers were managing the retention, training and recruiting of skilled professionals to fill the anticipated job gaps. Results […]