Reading Time: 2 minutes The International Air Transport Association (IATA) announced that the YY Fares will be rescinded from 31 October 2018. The decision to rescind YY Fares was taken with a vote by the IATA Passenger Tariffs Conference on 28 June 2017. The rescinding of YY fares reflects the dramatic transformation that continues to take place in the […]

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), grew 12.7% in May 2017 compared to the year-earlier period. This was up from the 8.7% annual growth recorded in April 2017 and is more than three times higher than the five year […]

Reading Time: 2 minutes The International Air Transport Association (IATA) called on the Russian Federation to implement global standards and best practices, in order to maximize the economic and social benefits generated by its growing air transport sector. Strong demand for connectivity is evident in over 12% growth this year for passenger services and robust growth in air freight. […]

Reading Time: 7 minutes The International Air Transport Association (IATA) revised its 2017 industry profitability outlook upwards. Airlines are expected to report a $31.4 billion profit (up from the previously forecast $29.8 billion) on revenues of $743 billion (up from the previously forecast $736 billion). “This will be another solid year of performance for the airline industry. Demand for […]

Reading Time: < 1 minute The International Air Transport Association (IATA) announced the launch of RampVR, the industry’s first virtual reality (VR) training platform for ground operations, at the IATA Ground Handling Conference (IGHC) in Bangkok. “Improving ramp safety and reducing damage to aircraft and ground equipment through better education and training is an industry priority, but training in this […]

Reading Time: 4 minutes The International Air Transport Association (IATA) announced global passenger traffic results for March 2017 showing that demand (measured in revenue passenger kilometers, or RPKs) rose 6.8%, compared to the same month a year ago. Capacity grew 6.1% and load factor climbed by half a percentage point to 80.4%, which was a record for the month. […]

Reading Time: 3 minutes The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14% expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. This was the fastest pace of growth recorded since October 2010. Freight capacity, measured in available freight tonne kilometers (AFTKs), grew […]

Reading Time: 2 minutes The International Air Transport Association (IATA) urged aviation safety stakeholders to reinforce their commitment to a safety framework based on global standards, cooperation and dialogue, and effective use of data. “Safety is the top priority for all involved in aviation—and aviation is the safest form of long-distance travel. Last year there were over 40 million […]

Reading Time: 7 minutes It is a generally known fact that flying is still the safest form of long distance travel. Last year 3,8 billion people flew safely on 40,4 million flights. Every year these numbers are increasing since there are more people who can afford to travel by air. Unfortunately, the word “safest” does not mean that the […]

Reading Time: < 1 minute The International Air Transport Association (IATA) announced new data showing that aviation and aviation-induced tourism support 1.1 million jobs and contribute $32.9 billion to Brazil’s GDP, an amount equivalent to 1.4% of the country’s GDP. These findings are among the highlights of ‘The Importance of Air Transport in Brazil’ study conducted by Oxford Economics on […]