Reading Time: 3 minutes The International Air Transport Association (IATA) is calling for urgent attention to address infrastructure challenges in order to secure the industry’s future. “Having the infrastructure to grow is vital to our industry’s future. But in many key places, it is not being built fast enough to meet growing demand. And there are worrying trends which […]
Reading Time: 4 minutes The International Air Transport Association (IATA) released full-year 2017 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 9.0%. This was more than double the 3.6% annual growth recorded in 2016. Freight capacity, measured in available freight tonne kilometers (AFTKs), rose by 3.0% in 2017. This was […]
Reading Time: 2 minutes The International Air Transport Association (IATA) welcomes the launch of the Single African Air Transport Market (SAATM) initiative by the African Union (AU) to open up Africa’s skies and improve intra-African air connectivity. Enhanced connectivity will stimulate demand, improve the competitiveness of the African airline industry, and make air travel more accessible. In turn, this […]
Reading Time: 2 minutes At this year’s edition of The Airport Show, set to run 7 – 9 May 2018, airport security is expected to be one of the key topics discussed by industry players and analyst attending the annual event. With the number of passengers travelling each year expected to rise, the latest figures from IATA projecting 7.8 […]
Reading Time: 3 minutes With every ticking minute towards the day when the UK exits the European Union (EU), anxiety is growing among those in the airline industry about when replacement agreements will be secured to ensure uninterrupted commercial air traffic in and out of the UK. Anxiety levels ratcheted up several more notches in mid-December when the European […]
Reading Time: 6 minutes The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017 (revised from a $31.4 billion forecast in June). Highlights of expected 2018 performance include: A slight decline in the operating margin to 8.1% (down from 8.3% […]
Reading Time: 3 minutes The International Air Transport Association (IATA) announced global passenger traffic results for October showing that demand (measured in revenue passenger kilometers, or RPKs) rose 7.2% compared to the same month last year. Capacity grew 6.2% and load factor climbed 0.8 percentage points to 80.8%, which was a record for the month. October’s performance was a […]
Reading Time: 2 minutes The International Air Transport Association (IATA) announced new data showing that aviation and aviation-induced tourism contribute $9.6 billion to Argentina’s economy and support 300,000 jobs, equivalent to 1.7% of the country’s GDP. The findings are among the highlights from “The Importance of Air Transport in Argentina’” study conducted by Oxford Economics on behalf of IATA. […]
Reading Time: 2 minutes The International Air Transport Association (IATA) urged the swift implementation by states of the first Global Aviation Security Plan (GASeP) which was established this week by the Council of the International Civil Aviation Organization (ICAO). “Flying is secure, but it is also clear that aviation faces security challenges. GASeP has the potential to strengthen security […]
Reading Time: 2 minutes The global air transport industry is headed for a major infrastructure crisis, the IATA director general warned Wednesday, as fears grow about how already congested airspace and constrained airports will cope with the predicted growth in air travel. Addressing the Association of Asia Pacific Airlines (AAPA) annual assembly in Taipei Oct. 25, Alexandre de Juniac […]