Alexandre de Juniac, IATA director general, has delivered his overview over the global aviation industry during the IATA Annual General Meeting in Australia.
IATA announced its expectation for airlines to achieve a collective net profit of $33.8 billion, at a 4.1 per cent net margin, in 2018. This is a solid performance despite rising costs, primarily fuel and labour, but also the upturn in the interest rate cycle.
The World Travel & Tourism Council and the International Air Transport Association have agreed to partner to achieve the benefits of biometrics and deliver traveller digital identity management throughout the tourism sector for a seamless passenger experience.
In a move that will enhance customer experience and operational efficiency at security check points at Dubai International and Dubai World Central, operator Dubai Airports has signed memorandum of understanding with the International Air Transport Association and Airports Council International to become part of their joint initiative on Smart Security.
The International Air Transport Association has announced global passenger traffic results for February showing a rebound in traffic growth following the slower demand experienced in January.
The International Air Transport Association has called for aviation security to be further strengthened by addressing four key areas. These include closer government-to-government cooperation to eliminate the long-term challenges of extraterritorial measures, following the introduction of a laptop ban on certain routes earlier this year.
Qatar Airways chief executive, Akbar Al Baker, has been elected chairman of the board of governors of global aviation industry body International Air Transport Association. He will take up the role in June next year.