The International Air Transport Association has announced a modest improvement in its outlook for the 2013 financial performance of the global airline industry primarily based on stronger revenues. IATA now expects airlines to produce a combined net post-tax profit margin of 1.6 per cent with a net post-tax profit of $10.6 billion.

Officials at the International Air Transport Association have criticised a decision by the European Single Sky Committee to endorse weakened Performance and Charging Scheme regulations for air navigation services over the period 2015-2019. The decision was made on March 8th and impacts the calendar years 2015-2019.

Officials at the International Air Transport Association (IATA) have released global air travel demand statistics for January showing a continuation of the uptick in passenger travel that began at the end of 2012. Overall, demand was up 2.7 per cent on the previous January which is slightly ahead of the 2.2 per cent expansion in capacity.

The International Air Transport Association (IATA) called for governments to agree on a global approach to market-based measures (MBMs) to help aviation manage the 2% of global manmade carbon emissions for which it is responsible. IATA also stressed the need for governments and industry to align on all four pillars of the aviation industry’s strategy on climate change: investment in new technology, more efficient operations, better infrastructure and positive economic measure or MBMs.

The International Air Transport Association (IATA) identified four priorities to make air cargo more secure and urged stakeholders to move forward on the implementation of the Secure Freight principles. Secure Freight was initiated by IATA to promote global security standards in order to facilitate safe, secure and efficient operations of air cargo.

The International Air Transport Association (IATA) joined with 16 other aviation stakeholder organizations in developing a European Action Plan for the Prevention of Runway Excursions.