Reading Time: 4 minutes The International Air Transport Association (IATA) expects 7.8 billion passengers to travel in 2036, a near doubling of the 4 billion air travelers expected to fly this year. The prediction is based on a 3.6% average Compound Annual Growth Rate (CAGR) noted in the release of the latest update to the association’s 20-Year Air Passenger […]

Reading Time: 3 minutes The International Air Transport Association (IATA) announced industry performance statistics for 2016 showing that system-wide, airlines carried 3.8 billion passengers on scheduled services last year, an increase of 7% over 2015, representing an additional 242 million air trips. This information is included in the 2017 edition of the IATA World Air Transport Statistics (WATS), the […]

Reading Time: 2 minutes The International Air Transport Association (IATA) calls on the European Union to significantly strengthen economic regulation of major European airport monopolies by focusing on the interests of passengers. Enforcing greater cost-efficiency at Europe’s airports will feed through into cheaper air fares, stimulate travel and enhance European competitiveness. In turn, this will support jobs and grow […]

Reading Time: 4 minutes The aviation industry is rapidly expanding, particularly within the Middle East and Asia Pacific. In fact, China alone is projected to overtake the U.S. as the world’s leading aerospace market by 2024. In addition, the rise of low-cost airline fares and budget flyers mean that air travel will soon be accessible to much of the […]

Reading Time: 2 minutes For the first time in a decade, Africa did not record any airline accident last year. Globally, 65 accidents with 268 fatalities were recorded last year, but sub-Saharan Africa’s zero passenger fatalities and jet hull losses were its best performance in a decade, thanks to safety regulations the International Air Transport Association (IATA) is pushing. […]

Reading Time: 3 minutes The International Air Transport Association (IATA) has announced global passenger traffic results for July showing strong but moderating demand growth. Total revenue passenger kilometers (RPKs) rose 6.8%, compared to the same month last year, down from 7.7% year-over-year growth recorded in June. All regions reported solid or better growth in passenger volumes over the past […]

Reading Time: 3 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), increased by 11.4% in July 2017 compared to the same period a year ago. This was the fourth time in five months that double-digit annual growth was recorded. July’s year-on-year increase in demand […]

Reading Time: < 1 minute Initial airline financial results from the second quarter of 2017 have been more robust than earlier in the year, and suggest that the squeeze on profit margins from higher costs and weak yields peaked in the first quarter of the year, according to the International Air Transport Association’s (IATA) July report. “Meanwhile, having trended downwards […]

Reading Time: 4 minutes The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), grew by 10.4% in the first-half of 2017 compared to the first-half of 2016. This was the strongest first half-year performance since air cargo’s rebound from the Global Financial Crisis in 2010 and […]

Reading Time: 2 minutes A year-long campaign has been launched by Airlines for America (A4A) and the International Air Transport Association (IATA) with a view to increasing baggage handling operations and reducing the number of mishandled bags. Approximately 4 billion bags are carried by airlines on an annual global basis, with 0.43 percent failing to arrive with their owners. […]