Tag: IATA

Airlines to Face the Worst Year Since 2014

Reading Time: 1 minute Rising fuel prices and issues with global trade are greatly weakening the business environment for airlines, IATA announced. According to forecast, “in 2019 overall costs are expected to grow by 7.4%, outpacing a 6.5% rise in revenues. As a result, net margins are expected to be squeezed to 3.2% (from 3.7% in 2018)”. “Margins are […]

IATA Advises 737 MAX Will Remain Grounded until August

Reading Time: 1 minute Despite the fact that it is believed the Federal Aviation Administration (FAA) is set to approve the updates to the 737 MAX in June, other agencies intend to carry out their own assessments. This has resulted in the likelihood worldwide approval for the lifting of the ban, which was instigated after two fatal crashes involving […]

Air Cargo Demand Continues Negative 2019 Trend

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), fell 4.7% in April 2019, compared to the same period the year before. This continued the negative trend in year-on-year demand that began in January. Freight capacity, measured in available freight tonne kilometers […]

EASA & IATA Team Up Against Unruly Behaviour on Flights

Reading Time: 2 minutes Every 3 hours the safety of a flight within the EU is threatened by passengers demonstrating unruly or disruptive behaviour. At least 70% of these incidents involve some form of aggression. At least once a month the situation escalates to such a degree forcing the plane to perform an emergency landing.  These figures are worrying […]

Air Freight Makes Weak Start to 2019

Reading Time: 2 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased 1.8% in January 2019, compared to the same period in 2018. This was the worst performance in the last three years. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by […]

IATA Releases 2018 Airline Safety Performance

Reading Time: 2 minutes The International Air Transport Association (IATA) released data for the 2018 safety performance of the commercial airline industry showing continuing safety improvements over the long term, but an increase in accidents compared to 2017. The all accident rate (measured in accidents per 1 million flights) was 1.35, which was the equivalent of one accident for […]

IATA Calls on the US Government

Reading Time: 2 minutes The International Air Transport Association (IATA) urged the United States government and industry to work together to ensure that aviation is able to accommodate an expected 62% rise in demand for air travel to, from and within the country over the next 20 years. Speaking at the International Aviation Club in Washington, D.C., Alexandre de […]

IATA: Passenger Numbers up in 2018

Reading Time: 1 minute The International Air Transport Association (IATA) announced global passenger traffic results for 2018 showing that demand (revenue passenger kilometers or RPKs) rose by a healthy 6.5% compared to full-year 2017. Although this represented a slowdown compared to the 2017 annual growth of 8.0%, it was another year of above-trend growth. Full year 2018 capacity climbed […]

“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 […]