The International Air Transport Association has announced international air traffic for October showing a second consecutive month of global decline. International passenger traffic declined by 1.3% compared to the same month in the previous year - a smaller decline than the 2.9% drop experienced in September.
The International Air Transport Association (IATA) has announced a revised industry financial forecast that would see the global airline industry post losses of US$5.2 billion in 2008 based on an average crude oil price of US$113 per barrel (US$140 for jet fuel).
The International Air Transport Association has revised its industry financial forecast for 2008 significantly downwards to a loss of US$2.3 billion.
Ahead of the IATA deadline in June, Lufthansa has revealed that 98 per cent of all tickets issued by the airline are already generated electronically.
The world’s airlines are struggling to meet the impending deadline for the global switch to “paperless” tickets, a leading travel agency group has warned.
The International Air Transport Association (IATA) launched the IATA Travel Centre at www.iatatravelcentre.com.
The International Air Transport Association (IATA) says that the aviation industry has registered record traffic volumes and load factors in July.
“Failure to liberalise the air transport sector is delaying the recovery of a sick industry” said Giovanni Bisignani, Director General and CEO of International Air Transport Association (IATA).
BAA is lashing out at the head of IATA for his comments about how the airport operator needs to get things in order as the UK moves into the seventh day of high security alert.
The American Society of Travel Agents (ASTA) and the International Air Transport Association (IATA) reached a compromise on IATAå‘s application to the Internet Corporation for Assigned Names and Numbers (ICANN) to oversee the distribution of a new Top Level Domain (TLD) .travel.