Tag: IATA

• Thursday, June 9th 2011 - 21:00 UTC

  IATA has a new a Director General effective July first, Tony Tyler

  

  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.

• Monday, March 21st 2011 - 19:40 UTC

  IATA warns of setback in the air travel industry while Japan recovers

  

  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.

• Wednesday, March 2nd 2011 - 15:29 UTC

  Airlines profits to drop 50% from 2010 because of rising oil prices, says IATA

  

  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.

• Sunday, January 2nd 2011 - 23:33 UTC

  Air traffic growth moderates: begins to expand at historic rates, says IATA

  

  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).

• Tuesday, December 21st 2010 - 05:34 UTC

  Five world’s biggest airlines come from Asia and Latin America, says 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.

• Tuesday, December 14th 2010 - 14:00 UTC

  Airlines profits for 2010 and 2011 up but “margins remain pathetic” says 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.

• Tuesday, November 23rd 2010 - 03:02 UTC

  Brazil’s air transport infrastructure is a “growing disaster”, says IATA

  

  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.

• Saturday, September 4th 2010 - 04:44 UTC

  “Faster than anticipated recovery” for air passenger and cargo traffic says IATA

  

  Demand for international passenger and cargo traffic increased 9.2% and 22.7% respectively in July compared to the same month a year ago, according to the International Air Transport Association (IATA). The year-on-year comparisons for July were less than the June growth data showing 11.6% and 26.6% increases respectively.

• Friday, July 30th 2010 - 02:57 UTC

  International air traffic showed strong recovery in June said IATA

  

  International air passenger demand (particularly China and Latinamerica) and freight showed a strong improvement during June compared to a year ago according to the latest traffic international statistics released by the International Air Transport Association, IATA.

• Tuesday, April 27th 2010 - 18:03 UTC

  IATA Praises European Relief Measures for Airlines Affected by Volcanic Ash Plume

  

  The International Air Transport Association (IATA) openly supported the announcement by the European Commission of a comprehensive program to provide relief to the air transport sector in the aftermath of extra-ordinary airspace closures resulting from the ash plume of an Icelandic volcano.