IATA News Page 51
IATA warns Eurozone crisis will cut profits in aviation industry
The International Air Transport Association has announced revisions to its industry outlook, downgrading its central forecast for airline profits from $4.9 billion to $3.5 billion for 2012. This equates to a net margin of just 0.6 per cent for the industry as a whole.
IATA cautiously welcomes European airport capacity proposals
The International Air Transport Association (IATA) has reacted cautiously to the publication of the European Commission’s Airport Package of legislation which is aimed at addressing the critical issues of European airport capacity and competitiveness. EU officials released the document last week offering proposals to boost capacity at European airports without further construction.
Qatar Airways chief Al Baker nominated for IATA leadership role
Qatar Airways chief executive Akbar Al Baker has been unanimously nominated to serve on the influential board of governors of the International Air Transport Association. Al Baker was given the vote of confidence by the general assembly of the Arab Air Carriers Organisation – a 27-member Arab regional aviation body – at its annual general meeting held in Abu Dhabi.
AACO 2011: IATA calls for closer integration in MENA aviation
The International Air Transport Association has called for a renewed focus on cooperation among aviation stakeholders in the Middle East and North African region to manage the challenges of growth. Addressing an industry audience at the Arab Air Carriers Organisation annual general meeting in Abu Dhabi, IATA secretary general Tony Tyler said: “Aviation is a challenging industry, so let us work together, where we can, to meet the challenges of growth and make aviation even more successful.”
IATA: Building partnerships for innovation in African aviation
The International Air Transport Association (IATA) has called for a renewed focus on aviation safety to help Africa reap the benefits of aviation connectivity. The organization also called for a strong partnership to drive innovative solutions to the other challenges facing aviation in the region: security, environmental sustainability and infrastructure.
IATA in biofuel focus
The International Air Transport Association (IATA) called on stakeholders in the aviation and air transport fuel supply value chains to join together on three critical areas for innovation: safety, environment and commercial issues.
IATA urged cooperation and innovation
The International Air Transport Association (IATA) urged cooperation and innovation across the aviation value chain and with governments to take advantage of aviation’s ability to drive economic growth.
IATA: Innovation in Airline-Airport Cooperation
The International Air Transport Association (IATA) called for innovation and a renewed agenda of cooperation in the relationship between airports and airlines.
Korean Air chairman calls for greater logistics integration
Hanjin Group and Korean Air chairman, Yang Ho Cho, have called for an “integrated air, sea and land logistics system to boost the global economy” at the Business Summit in France. Korean Air is considered the Asia’s Leading Airline First Class by the prestigious World Travel Awards.
IATA reports surprising increase in air passenger traffic
Figures from the International Air Transport Association reveal passenger traffic was 5.6 per cent higher in September than a year earlier. Air freight on the other hand posted a 2.7 per cent contraction for September compared to September 2010.
IATA in Southern Africa aviation focus
The International Air Transport Association (IATA) unveiled a new study highlighting the importance of the aviation industry to the economy of South Africa. IATA urged a new partnership between government and the aviation industry to maximize the social and economic benefits that a safe, secure, efficient and environmentally responsible aviation industry can deliver.
IATA warns air traffic management improvement off course
The International Air Transport Association (IATA) warned today that states are falling behind in their commitments to improve Europe’s notoriously inefficient air traffic management. According to the latest independent Performance Review Body (PRB) report and the draft recommendations from the European Commission, states are falling behind in their legislated commitments to deliver improvements in operational, financial and environmental efficiency.