October airline traffic statistics published by the International Air Transport Association (IATA) last week showed substantial growth in virtually every region of the world, as global revenue passenger kilometers rose 6.6 percent compared with the same month a year earlier and 5.2 percent over September’s results. Even the cargo market resumed its fragile recovery in October, generating a 4-percent increase in freight ton kilometers.
International Air Transport Association
International Air Transport Association director general and CEO Tony Tyler has said that over the past decade the aggregate safety results for airlines adhering to the association’s Operational Safety Audit standard are superior to those of carriers that do not use the system. His remarks came at last week’s annual African Airlines Association general assembly in Mombasa, Kenya. Tyler also said in 2012 there was not a single hull loss of a Western-built airplane by any of IATA’s 25 African member airlines.
Atlantic FuelEx has been appointed as a member of the steering committee of the Arab Air Carriers Organization (AACO). The Dubai-based company is the first fuel reseller to be appointed to the group, which is focused on improving the reliability and quality of fuel supplies to carriers in the region.
The effects on demand of a recent oil price spike associated with the crisis in Syria and weaker-than-expected growth in several key emerging markets have prompted the International Air Transport Association (IATA) to adjust its airline industry profit outlook for 2013 downward by $1 billion, to $11.7 billion. Still, 2013’s performance should prove considerably better than that of 2012, when the industry turned a net profit of $7.4 billion.
Growth in global airline traffic–both passenger and cargo–continued a positive trend during the month of July, as revenue passenger kilometers increased 5 percent and freight ton kilometers rose 1.2 percent over the same month in 2012, according to a pair of reports issued last week by the International Air Transport Association (IATA).
June traffic figures released last week by the International Air Transport Association show strong growth in passenger demand and what IATA characterizes as “signs of life” in the air freight sector. Passenger traffic grew by 6.6 percent during the month compared with the same period a year earlier, while air freight volumes expanded by 1.2 percent.
The International Air Transport Association (IATA) is redoubling efforts to help African airlines improve the continent’s poor accident rate. “It is no secret that the biggest gap [in airline safety performance] is in Africa,” said IATA director general Tony Tyler at the group’s international operations conference in Vienna on April 15. “Compared with a world rate of 0.20 Western-built jet hull loss accidents per million sectors in 2012, Africa’s rate was 3.71.”
Demand for air travel continues to surge worldwide as emerging markets led another strong month of traffic growth in February. International Air Transport Association (IATA) data released last week shows that passenger demand rose 3.7 percent during the month compared with February 2012. According to IATA, since last October passenger demand has grown at an annualized rate of 9 percent, almost double the growth trend over the first nine months of 2012.
The world’s airlines will achieve somewhat higher than expected profits this year, according to the latest projections from the International Air Transport Association (IATA). The industry group now expects its members to post a combined net post-tax profit margin of 1.6 percent this year (up from the earlier projection of 1.3 percent) on net income of $10.6 billion (up from $8.4 billion).
Trade organizations representing airports, airlines and air navigation service providers (ANSPs) are working together more closely to influence aviation system improvements in Europe, where the Single European Sky effort continues to draw criticism for moving too slowly. Airports Council International (ACI), the International Air Transport Association (IATA) and the Civil Air Navigation Services Organization (Canso) plan to introduce a series of collaborative programs with tangible results, or “deliverables,” according to Canso director general Jeff Poole.
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