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IATA Urges Pakistan and Bangladesh to Release Airline Revenues, Citing Severe Impact on Industry

IATA Urges Pakistan and Bangladesh to Release Airline Revenues, Citing Severe Impact on Industry

yesterday Press Release Organisations & Operators

The International Air Transport Association (IATA) has called on Pakistan and Bangladesh to promptly release airline revenues totaling over $720 million that are being held in violation of international agreements. With $399 million trapped in Pakistan and $323 million in Bangladesh, airlines face significant challenges in repatriating earnings crucial for operational expenses such as lease agreements and fuel.

Passenger Demand Up 21.5% in February

Passenger Demand Up 21.5% in February

8 April 2024 Press Release Airline News Organisations & Operators

The International Air Transport Association (IATA) released data for February 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPKs), was up 21.5% compared to February 2023. Total capacity, measured in available seat kilometers (ASK), was up 18.7% year-on-year. The February load factor was 80.6% (+1.9ppt compared to February 2023).

IATA Chief Reflects on Aviation’s Past, Present, and Future at Industry Event

IATA Chief Reflects on Aviation’s Past, Present, and Future at Industry Event

21 February 2024 Press Release Travel Events News Organisations & Operators

At a recent industry event, the Chief of the International Air Transport Association (IATA) provided insights into the aviation industry’s trajectory, emphasizing the progress and challenges faced in recent years. Reflecting on the industry’s recovery post-pandemic, he highlighted strong domestic market performance and gradual international market improvement.

RwandAir Commits to Safety Leadership Charter by Joining IATA’s Safety Initiative

RwandAir Commits to Safety Leadership Charter by Joining IATA’s Safety Initiative

28 January 2024 Press Release Airline News Organisations & Operators

RwandAir, one of Africa’s prominent airlines, has officially joined the International Air Transport Association’s (IATA) Safety Leadership Charter, becoming the second African airline to do so after Ethiopian Airlines. The IATA Safety Leadership Charter focuses on strengthening organizational safety culture, aligning with IATA’s Collaborative Aviation Safety Improvement Program (CASIP) under the “Focus Africa” initiative.

Singapore Airlines Earns IATA Recertification for Perishable Cargo Handling Excellence

Singapore Airlines Earns IATA Recertification for Perishable Cargo Handling Excellence

13 January 2024 Press Release Airline News Organisations & Operators

Singapore Airlines (SIA) has achieved recertification from the International Air Transport Association (IATA) for its handling of perishable products through its Singapore hub. The three-year re-certification, effective from February 1, 2024, is based on IATA’s Perishable Cargo Regulations, acknowledging SIA’s ongoing commitment to the highest food safety standards in the air freight industry and the prevention of food waste in the supply chain.

Progress towards Aviation Industry’s Commitment to Passengers with Disabilities

Progress towards Aviation Industry’s Commitment to Passengers with Disabilities

30 October 2023 Press Release Airline News Organisations & Operators

The International Air Transport Association (IATA) announced the results of its 2023 Global Passenger Survey (GPS) related to accessibility of air transport to passengers with disabilities, showing significant satisfaction levels among passengers who used special assistance services: 80% of travelers using special assistance services said that their expectations were met.