Tag: IATA

IATA Predicts Steady Profit Levels for Airlines in 2016

Reading Time: 2 minutes IATA said airlines globally can expect to see the record profit levels achieved in 2015 again this year, but with major variations across different regions. At a briefing in London, IATA’s chief economist Brian Pearce said that for the first time in history, investors could look for a return comparable to other industries. Global economy […]

IATA to Tackle Payment Security

Reading Time: < 1 minute The International Air Transport Association (IATA) is to expand its activities to prevent payment fraud in the air travel industry. Payment fraud costs the industry an estimated $858 million annually, approximately $639 million of which is borne by airlines and the remainder by other participants in the travel value chain, including travel agents. As part […]

Ryanair Breaks the 100 Million-Passenger Barrier

Reading Time: 2 minutes It seems that Ryanair’s policy to improve its customer service is paying off, based on passenger figures EasyJet also enjoyed record numbers as the low-cost market boomed. The last year may have been marked by terrorist incidents and travel scares, but it seems to have produced remarkable results for the two budget airlines which dominate […]

IATA Expects Seven Billion Annual Passengers by 2034

Reading Time: < 1 minute Passenger numbers will be double the expected 2015 total of 3.5 billion by 2034 with seven billion people taking to the skies, according to IATA’s 20 year Passenger Forecast Report. By 2034, the largest passenger markets will be China, the United States, India, the UK and Indonesia. Japan is sixth, Brazil seventh, Spain, Germany and […]

Etihad Appeals German Court Ruling Against Airberlin Codeshares

Reading Time: 2 minutes Etihad Airways has appealed a German court’s decision revoking the approval of 29 of its codeshare flights with Airberlin. The notice of appeal was filed Jan. 4 in the higher administrative court in Germany’s Lüneburg. The Abu Dhabi-based carrier said the German Ministry of Transport raised concerns on 29 of the codeshares last summer, based […]

dnata Receives 7th Certification for IATA’s Safety Audit of Ground Operations

Reading Time: 2 minutes Another milestone in dnata’s continual focus on safety and security has been achieved with the air services provider’s Sydney headquarters and station receiving registration for IATA’s Safety Audit for Ground Operations (ISAGO) in December. This is the seventh key station in dnata’s ground handling operations to receive this prestigious certification. The other ground operations which […]

Fire and Fumes Incidents Prompt IATA Scrutiny of Hoverboard Carriage

Reading Time: < 1 minute A number of fumes and small fire incidents involving lithium-battery-powered hoverboards loaded on to airliners has prompted IATA to develop industry guidelines for handling the new-fad gliding vehicles. Several airlines are banning the carriage of hoverboards over concerns they pose a fire hazard. In a media briefing in Geneva Dec. 10, IATA officials said that […]

IATA Air Passenger Forecast Shows Dip in Long-Term Demand

Reading Time: 5 minutes Geneva – The International Air Transport Association (IATA) released its updated passenger growth forecast, projecting that passenger numbers are expected to reach 7 billion by 2034 with a 3.8% average annual growth in demand (2014 baseline year). That is more than double the 3.3 billion who flew in 2014 and exactly twice as many as […]