Airlines can expect to generate profits of $8.6 billion in 2011 according to the International Air Transport Association, significantly less than originally forecast. As late as December IATA – which represents some 230 airlines – was arguing carriers around the world would make $9.1 billion in profits.
The International Air Transport Association (IATA) announced the aviation safety performance for 2010 showing that the year’s accident rate for Western-built jet aircraft as the lowest in aviation history.
Tokyo - The International Air Transport Association (IATA) called on the Japanese government to establish aviation policies that will strengthen the sector and contribute to a more competitive Japan.
The International Air Transport Association has signed an agreement to resell services of aviation and hospitality data specialist Innovata. The deal marks a multi-year extension to a strategic marketing partnership that was formed by the two organisations in March 2003.