Tag: IATTA

• Tuesday, June 9th 2015 - 06:55 UTC

  IATA calls on Venezuela to make effective 3.7bn dollars retained in airline funds

  

  The International Air Transport Association (IATA) called on the Venezuelan government to address the problem of the 3.7 billion dollars in airline funds the government is withholding from the airlines.

• Wednesday, June 5th 2013 - 18:50 UTC

  Airline profits 20% higher than expected this year, anticipates IATA

  

  Airline profits will be 20% higher than expected this year despite razor-thin margins, according to the industry's main representative body. The International Air Transport Association (IATA) said increased demand was helping pack planes to record levels.

• Wednesday, June 5th 2013 - 07:40 UTC

  Delta CEO appointed new IATTA chairman; top of the agenda environment

  

  The International Air Transport Association (IATA) announced that Richard H. Anderson, CEO of Delta Air Lines, has assumed his duties as Chairman of the IATA Board of Governors.

• Friday, May 18th 2012 - 09:15 UTC

  UN Tourism office forecasts record over a billion international tourist arrivals

  

  More than one billion tourists will take a trip this year crossing an international boundary, a threshold never before reached, UN officials told a meeting tourism ministers gathering in Mexico this week.

• Tuesday, December 13th 2011 - 23:28 UTC

  Fearing EU banking crisis, IATA downs drastically airline 2012 profits forecast

  

  The International Air Transport Association (IATA) announced revisions to its industry outlook with profitability for 2011 remaining weak but unchanged at 6.9 billion dollars for a net margin of 1.2%.

• Thursday, February 24th 2011 - 00:16 UTC

  Airlines face “very serious challenge” because of soaring oil prices, says 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.

• Thursday, February 3rd 2011 - 17:05 UTC

  Air traffic strong recovery in 2010, but oil prices derail 2011 prospects

  

  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.