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IATA AGM 2015: Al Baker launches attack on North American carriers

Travel Industry Events News

Qatar Airways chief executive officer Akbar Al Baker has launched a scathing attack on North American airlines. Speaking at the International Air Transport Association annual general meeting in Miami, Al Baker criticised attempts to restrict what American carriers argue is heavily subsidised competition from Gulf carriers. → Read More

IATA AGM 2015: Industry calls on Venezuela to release airline funds

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The International Air Transport Association has called on the Venezuelan government to address the problem of the $3.7 billion in airline funds the government is withholding from the airlines. The blocked money was generated from airline ticket sales in Venezuela and is being withheld in breach of international treaties. Venezuela has a complex system of currency controls in place by which the government dictates when and how much revenue airlines can repatriate from the country. → Read More

IATA AGM 2015: North American airlines drive aviation profits higher

Travel Industry Events News

Officials at the International Air Transport Association have announced an upward revision of its 2015 industry outlook to a $29.3 billion net profit. On expected revenues of $727 billion, the industry would achieve a four per cent net profit margin. The significant strengthening from the $16.4 billion net profit in 2014 reflects the net impact of several global factors, including stronger global economic prospects, record load factors, lower fuel prices, and a major appreciation of the US dollar. → Read More

IATA AGM 2015: Tyler unveils aviation agenda in Miami

Travel Industry Events News

The International Air Transport Industry has advocated for an even deeper partnership with governments based on global standards in the critical areas of safety, infrastructure, security, regulation, and environment as the organisation begins at annual general meeting in Miami. “Aviation is built on partnerships and the relationship with governments is key,” said IATA director general Tony Tyler. → Read More

Breaking Travel News interview: Eleni Desylla, chief operating officer, Greek pavilion, Expo 2015

Travel Industry Events News

Situated in the Bio-Mediterranean Cluster at Expo Milan 2015, the Greek pavilion is a based on the wisdom of the traditional Greek diet as a universal standard for the production of food. Here Breaking Travel News editor Chris O’Toole chats with chief operating officer Eleni Desylla about the purity, nutritional value, tradition and effectiveness of Greek products and businesses. → Read More

Breaking Travel News interview: Bojan Stevanović, Serbia Expo 2015 pavilion director

Travel Industry Events News

Serbia is presently exhibiting its culinary heritage at Expo Milan 2015, closely in line with the ‘Feeding The Planet, Energy For Life’ theme of the event. Here Breaking Travel News editor Chris O’Toole speaks with pavilion Bojan Stevanović about the Serbian pavilion, the country’s gastronomic history and the events guests can expect in the coming months. → Read More

Breaking Travel News interview: Ebrahim Bin Humood Al Khalifa, Bahrain Expo 2015 pavilion director

Travel Industry Events News

Bahrain is returning to World Expo for the second time following a successful debut in Shanghai five years ago. Here Breaking Travel News editor Chris O’Toole catches up with pavilion director Ebrahim Bin Humood Al Khalifa at Expo Milan 2015 to discuss the widespread support among the Bahraini people for the event, the sustainable themes examined on the pavilion and his plans for the coming months. → Read More

Breaking Travel News interview: Ula Giniotytė, Lithuania Expo 2015 pavilion director

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With Expo Milan 2015 now in full swing in Italy, Breaking Travel News editor Chris O’Toole here visits to chat with Ula Giniotytė, director of the Lithuanian pavilion. On the agenda are Lithuania's plans in the coming months, the importance of being seen at Expo Milan and a look at the mixture of tradition and innovation presented in the pavilion. → Read More

IATA AGM 2015: Mexico City airport receives official support

Travel Industry Events News

The International Air Transport Association and Mexico’s ministry of communications and transportation have signed a memorandum of understanding in which IATA will provide technical and operational assistance for the design and construction of Mexico City’s new airport. The agreement also encompasses IATA offering technical and professional advice for the current Mexico City airport to ensure it continues to operate efficiently until the new facility is completed around 2020. → Read More

IATA AGM 2015: Domestic traffic drives aviation demand higher

Travel Industry Events News

The International Air Transport Association announced global passenger traffic results for April showing robust demand growth compared to April 2014. Total revenue passenger kilometers rose 5.9%. April capacity increased by 6.1%, and load factor slipped 0.1 percentage points to 79.4%. → Read More

IATA AGM 2015: Bright future ahead for Latin American carriers

Travel Industry Events News

The International Transport Association has said passenger growth in Latin America and the Caribbean could reach 385 million within ten years if the region’s governments address infrastructure bottlenecks, embrace smarter regulation, and observe global standards and best practices. In 2014, passenger numbers in the region were 242 million. → Read More

IATA AGM 2015: Foxx to deliver keynote as aviation industry meets in Miami

Travel Industry Events News

The International Air Transport Association has announced that US secretary of transportation Anthony Foxx will deliver a keynote address at the 71st IATA Annual General Meeting today. Up to 1,000 delegates are expected to attend the global event hosted in Miami by American Airlines, FedEx, UPS and Airlines for America. “Miami will be the capital of the global air transport industry next week as its most senior leaders gather to discuss critical issues such as safety, security, sustainability, meeting passenger demands and revitalizing the air cargo sector,” said Tony Tyler, IATA director general. → Read More

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