Tag: International Air Transport Association
Airlines set to lose $157 billion amid worsening slump – IATA
Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its...
IATA reduces air traffic outlook as crisis drags on
Global airlines reduced their 2020 traffic forecast on Tuesday, after a small summer rebound evaporated amid renewed coronavirus outbreaks and travel restrictions.
Full-year passenger traffic...
IATA urges African governments to promote air connectivity
The International Air Transport Association (IATA) has urged governments in Africa to maximize the positive social and economic power of aviation by...
IATA, AFRAA sign MoU to advance aviation in Africa
The International Air Transport Association (IATA) and The African Airline Association (AFRAA) have signed a memorandum of understanding (MoU) to deepen their...
Airline group IATA in talks with Angola over blocked $500 million
Angola is withholding more than $500 million (£360.64 million) in revenue generated by international airlines in the country, airline lobby IATA said...
Air transport supports 490,000 jobs and contributes $12bn in GDP for...
The International Air Transport Association (IATA) released new data showing that the air transport sector in South Africa provides immense value to...
World airlines expected to be profitable in 2017, except for Africa
The International Air Transport Association (IATA) expects the global airline industry to make a net profit in 2017 of $29.8 billion while...
IATA tool will help in battle to stop endangered species trafficking
The International Air Transport Association (IATA) has launched an airport wildlife trafficking assessment tool it says will help defeat smugglers of endangered...
Air travel “safer” in 2014 despite Malaysian disasters-IATA
Last year was by some measures the safest in the history of commercial aviation, despite two high-profile crashes involving Malaysia Airlines aircraft...
New IATA chairman
Calin Rovinescu, president and chief executive of Air Canada, is the new chairman of IATA (International Air Transport Association).
He succeeds Richard H...
IATA cuts global airline forecast to $18 billion
Concerns over China's economic growth and political risks have prompted the airline industry to trim $700 million off its global profit forecast...
IATA cuts airline profit forecast on Ukraine concerns
Global airlines expect to make $1 billion less profit this year than previously hoped, denting a U.S.-led recovery, as the Ukraine crisis...
IATA chief says weak cargo remains biggest airline worry
Weakness in air cargo markets remains the biggest worry for airlines despite some evidence of recovery in 2013, the head of the...
IATA raises global airline profit forecasts for 2013 and 2014
Airlines lobby group IATA has raised its forecast for airline profits this year by 10 percent and predicted passenger numbers topping 3...
IATA calls for Africa to adopt global standards to improve aviation...
The International Air Transport Association (IATA) has called on African governments to adopt and adhere to global standards in the interest of...
South African Airways to host 69th IATA AGM and seventh World...
The International Air Transport Association (IATA) has announced that South African Airways will host the 69th IATA Annual General Meeting (AGM) and...
Airline profit fears as trade fight looms with Europe
Global airlines will spell out the cost of a whirlwind of disasters, political unrest and high oil prices while mounting an...
