Tag: International Air Transport Association (IATA)

• Friday, August 6th 2021 - 07:44 UTC

  Foreign airlines may continue to lift operations in Argentina if restrictions continue

  

  Foreign airlines still operating in Argentina have voiced yet again their concerns over their future due to the country's restrictions on the number of flights allowed through Buenos Aires' Ezeiza international airport.

• Friday, August 8th 2014 - 08:31 UTC

  IATA warns Venezuela it could be left isolated, if it doesn't pay airlines

  

  The International Air Transport Association (IATA) has reminded the Venezuelan government that if it fails to settle debts with international airlines, the country would be isolated from the world; hence, the association urged Venezuela to reach agreements, and above all, to fulfill such agreements.

• Tuesday, July 29th 2014 - 06:19 UTC

  IATA claims from Venezuela the 4.1 billion dollars owed to airlines

  

  The International Air Transport Association (IATA) called on the Venezuelan government to honor the commitment it made in March to permit airlines to repatriate in full and at fair exchange rates airline funds being blocked in the country.

• Tuesday, April 29th 2014 - 21:24 UTC

  IATA calls on Venezuela to honor payment of airline funds, totaling 3.9bn

  

  The International Air Transport Association (IATA) called on the Venezuelan government urgently to honor its commitment made in March to permit the repatriation of 3.9 billion dollars of airline funds at fair exchange rates. The funds are from sales of airline tickets in Venezuela and are being held in contravention of international treaties.

• Saturday, January 11th 2014 - 06:30 UTC

  Airlines operating in Venezuela have 3.3bn dollars trapped by currency controls

  

  International airlines operating in Venezuela have 3.3 billion trapped because of currency controls, the International Air Transport Association, IATA, revealed. Airlines have to wait around 12 months for the government to convert their Bolivar earnings into dollars, with the time lag growing, according to the Venezuela Airline Association.

• Wednesday, September 25th 2013 - 05:08 UTC

  IATA forecasts a strong 2014 for the industry, but airlines on average only retain 5 dollars per passenger

  

  The International Air Transport Association (IATA) has revised its 2013 global industry outlook downwards to 11.7 billion on revenues of 708 billion dollars, but anticipates that all regions during 2014 will see improved profitability, with divergence in performance and with strong emphasis in North America with 6.3 billion net profits.

• Friday, December 7th 2012 - 17:33 UTC

  IATA forecasts 3.6 billion passengers for 2016; a 28.5% increase over 2011

  

  The International Air Transport Association (IATA) released an industry traffic forecast showing that airlines expect to welcome some 3.6 billion passengers in 2016. That’s about 800 million more than the 2.8 billion passengers carried by airlines in 2011.