Iata News
IATA reiterates call for government support for aviation as horizon darkens
The International Air Transport Association has reiterated its call for urgent action from European governments to provide financial relief to airlines. The latest IATA scenario for potential revenue loss by European carriers is US$76 billion.
IATA predicts huge falls in aviation revenue
Owing to the severity of travel restrictions and the expected global recession, IATA now estimates that industry passenger revenues could plummet $252 billion. The figure is 44 per cent below that for last year.
IATA: Middle East aviation faces collapse without government support
Several governments in Africa and the Middle East have already committed national aid for Covid-19 including Saudi Arabia, the United Arab Emirates, Qatar, Bahrain, Egypt, Nigeria and Mauritius.
Douglas seeks to calm nerves on Etihad future
The Abu Dhabi-based airline has cancelled dozens of flights and asked some staff to bring forward paid leave as it tackles a collapse in global travel demand.
ForwardKeys signs transformative digital partnerships
ForwardKeys has concluded agreements with the International Air Transport Association and Airlines Reporting Corporation to include their global ticketing data in its portfolio of products and services.
IATA counts cost of coronavirus, looks to government support
IATA now sees 2020 global revenue losses for the passenger business of between $63 billion and $113 billion, depending on the continued spread of the virus.
IATA: Aviation to take US$30bn hit from coronavirus
The International Air Transport Association has released its initial assessment of the impact of the COVID-19 and finds that passenger demand for carriers in the Asia-Pacific region could fall by as much as 13 per cent.
IATA: Slowdown in air passenger growth in 2019
The International Air Transport Association has announced full-year global passenger traffic results for last year, showing that demand, measured in revenue passenger kilometres, rose by 4.2 per cent compared to 2018.
IATA warns over continued threats to aviation growth
“Given the environment of declining world trade activity and tariff wars, rising political and geopolitical tensions and a slowing global economy, it is difficult to see the trend reversing in the near term,” said Alexandre de Juniac, IATA director general.
British Airways and Iberia take NDC strides
Both airlines have now achieved IATA NDC Level 4 Certification, which recognises that both airlines use ‘Full Offer’ and ‘Order Management’ messages with complex servicing, compliant with the industry standard NDC message schema.
IATA urges reform of UK aviation sector
The International Air Transport Association has warned that up to 120,000 jobs supported by air transport could be at risk from an erosion of UK air transport competitiveness.
France unveils plans for new €180m aviation tax
Officials have unveiled plans for a new tax on all flights from airports in France. Branded as an ‘eco-tax’, the new levy is expected to raise around €180 million annually from 2020, according to transport minister, Elisabeth Borne.