Tag: Tony Tyler

• 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.

• 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.

• 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.

• 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.

• 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, September 22nd 2011 - 08:04 UTC

  Air transport industry profits improving but still ‘exceptionally low”, says IATA

  

  IATA, (International Air Transport Association) announced an upgrading of its industry profit expectations to 6.9 billion dollars, up from 4 billion projected in June. IATA emphasized that, despite the improvements, profitability at these levels is still exceptionally weak (1.2% net margin) considering the industry’s total revenues of 594 billion dollars.

• 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.