Tag: IATA

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IATA Says Proof of Covid-19 Vaccination Should Be Temporary

Reading Time: < 1 minute According to the new head of the International Air Transport Association (IATA), travel restrictions that require proof of Covid-19 vaccination or negative test results should be lifted once the pandemic is under control. “These are measures that may be necessary as temporary arrangements while we go through this crisis, but once we’re through it, we […]

IATA Forecasts Airline Industry Won’t Get Cash-Positive Until 2022

Reading Time: < 1 minute The International Air Transport Association (IATA) announced that the airline industry would have to wait until 2022 to turn cash-positive. This prognosis differs from what IATA predicted previously and suggests carriers worldwide will be burning at least $75 billion in cash in 2021 compared to the original estimate of $48 billion. “With governments tightening border […]

IATA: 2020 Was the Worst Year in History for Air Travel Demand

Reading Time: < 1 minute The International Air Transport Association (IATA) has announced full-year global passenger traffic results, revealing revenue passenger kilometers (RPKs) fell by 65.9% because of the pandemic spread. It is the sharpest ever air travel decline in commercial aviation history. In 2020, international passenger demand was 75.6% below 2019 levels. Capacity (measured in revenue passenger kilometers) reduced 68.1% […]

IATA appoints a new director-general – Willie Walsh

Reading Time: 2 minutes Willy Walsh, the former chief executive of IAG, is set to become a new director of IATA. Walsh is taking over the role of Alexandre de Juniac on 31st March 2021. The former Air France-KLM chairman De Juniac informed everyone about his decision to leave well in advance to allow for a smooth responsibilities transition. […]

Europe Extends the Ease of 80/20 Airport Slot Rule for Winter

Reading Time: < 1 minute The European Commission confirmed yesterday that it will be extending the waiver of the 80/20 slot rule through to the end of the winter season. Commissioner Adina Vălean stated, that “The air traffic levels remain low, and more importantly, they are not likely to recover in the near future. In this context, the lack of […]

IATA Informs Aviation To Prepare For COVID-19 Vaccine

Reading Time: 3 minutes The International Air Transport Association (IATA) urged governments to begin careful planning with industry stakeholders to ensure full preparedness when vaccines for COVID-19 are approved and available for distribution. The association also warned of potentially severe capacity constraints in transporting vaccines by air. Preparedness Air cargo plays a key role in the distribution of vaccines […]

IATA: Impacts of the Crisis on the European Market Deepen

Reading Time: < 1 minute According to the International Air Transport Association (IATA), impacts of the coronavirus crisis on the European aviation market are deepening further. Even with step by step recovering passenger numbers and reopening borders, flights are still more than 50% below the same period in 2019. “Passenger numbers are currently forecast to fall by around 60% in […]

IATA Confirms: Global Passenger Traffic to Recover Only in 2024

Reading Time: < 1 minute As the recent trends indicate, recovery of aviation would be more troublesome and would take longer than had been expected. The fears have been also confirmed by the International Air Transport Association (IATA). Following the slower-than-expected recovery in June, 2020, when measures in RPK, fell 86.5% compared to the year-ago period (slightly improved from a […]

IATA: Asia-Pacific Airlines to Suffer the Hardest Crisis Hit

Reading Time: < 1 minute Airlines in the Asia-Pacific region were the first to face the challenges imposed by the coronavirus. The region was the first to paralyze its air connectivity and the first to get isolated from the rest of the globe. At the same time, before the crisis hit, carriers in the Asia-Pacific market were predicted to experience […]

IATA Proposes Extending the Ease of 80/20 Airport Slot Rule

Reading Time: < 1 minute Monitoring the market and responding to the circumstances, IATA is putting forward the proposal to extend the waiver from the 80-20 use-it-or-lose-it rule in the Worldwide Airport Slot Guidelines.  In the European Union, for example, slots are managed by the a so-called ‘use it or lose it’ rule which requires an air operator to keep […]