The International Air Transport Association (IATA) unveiled the first mock-up of a Checkpoint of the Future, designed to enhance security while reducing queues and intrusive searches at airports, using intelligence-driven risk-based measures.
The International Air Transport Association (IATA) announced this week leadership changes at the conclusion of the Association’s 67th Annual General Meeting (AGM) and World Air Transport Summit in Singapore.
The International Air Transport Association (IATA) has warned that fuel prices could increase and the global aviation industry will face a setback while Japan recovers from the earthquake.
Airlines stand to earn almost 50% less this year than in 2010 as rising oil prices limit the benefits of a rebounding economy, anticipated IATA.
Surging oil prices due to political turmoil in the Middle East spell very, very big challenges for airlines, said International Air Transport Association chief Giovanni Bisignani on Wednesday.
Air traffic increased 8.2% in the passenger business and 20.6% in freight according to the full 2010 report from the International Air Transport Association, IATA. Middle-East, Asia-Pacific and Africa regions were above average in passenger transport and Latinamerica led in cargo expansion.
International scheduled air traffic results for November showed an 8.2% year-on-year passenger traffic growth and a 5.4% increase for freight, according to the latest report from the International Air Transport Association (IATA).
The world's five biggest airlines now come from Asia and Latin America, highlighting the industry's shift away from the US and Europe to higher-growth countries, according to recent reports from the International Air Transport Association, IATA.
The International Air Transport Association (IATA) revised its industry outlook for 2010 to a net profit of 15.1 billion USD (up from the 8.9 billion forecast in September). Similarly IATA revised upwards its projections for 2011 to a net industry profit of 9.1 billion (up from the 5.3 billion forecast in September). However net margins remain weak at 2.7% for 2010 and falling to 1.5% in 2011.
The chief of the International Air Transport Association or IATA sharply criticized the poor condition of Brazil airports, saying that the situation could put the country in a very bad light during the World Cup and the Olympic Games if the government does not improve capacity and renovate aging infrastructure.