Tag: IATA

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 […]

The Great Unknown: How Soon Will You Return to Travelling?

Reading Time: < 1 minute Although step by step aviation is resuming operations, still there are too many unknown aspects and hypothetical assumptions. The summer season is usually the most busy for airlines, meanwhile winter is the hard season to stay profitable. On the regular basis. This year we deal with a very slow entrance into the peak season. According […]

IATA: 2020 to Become the Worst Year in the History of Aviation

Reading Time: < 1 minute The crisis provoked by the coronavirus pandemic is still making grave impacts on the entire world, and on aviation in particular. The year of 2020 has already come into history as a year of extreme challenges. According to the International Air Transport Association (IATA), airlines are expected to lose $84.3 billion in 2020 for a […]

IATA Reports Some Positive Signs of Demand Recovery

Reading Time: < 1 minute After a period of news about deteriorating demand for air travel, a flash of some positive statistics has been reported by the International Air Transport Association (IATA). After hitting bottom in April (the biggest decline in the history of IATA’s traffic series, which dates back to 1990), daily flight totals rose 30% between the low […]