International Air Transport Association

February 1, 2010 - 3:26am

The 2010 Singapore Airshow opens this morning against a backdrop of dire warnings about the state of the airline industry. The air transport sector needs to change fundamentally from top to bottom if it is to pull out of the plunge it took in the wake of the recent financial crisis, according to speakers at yesterday’s Singapore Airshow Aviation Leadership Summit.

January 27, 2010 - 10:35am

This year will likely be an improvement on 2009 for airlines in this part of the world but it won’t mean a quick return to profitability, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA). But the substantial losses the group’s members have suffered in the last two years should at least be reduced, he told AIN in an interview ahead of this week’s Singapore Airshow.

July 30, 2009 - 6:17am
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The latest traffic figures from the International Air Transport Association (IATA) show mixed results during June 2009 for the world’s airlines, but even the most positive interpretation of them would suggest no more than that the deterioration of market conditions has slowed somewhat.

March 24, 2009 - 5:38am

The International Air Transport Association (IATA) issued an adjusted outlook for the global air transport industry today that forecasts losses of $4.7 billion for the year. The prediction nearly doubles the projection for losses it issued only three months ago, when it forecast a $2.5 billion loss for 2009.

January 30, 2009 - 5:47am

International Air Transport Association (IATA) director general Giovanni Bisignani characterized December’s decline in international air traffic as “shocking” during the British Air Transport Association’s annual dinner last night. Bisignani referred specifically to just-released figures showing a 22.6-percent decline in international cargo traffic compared with the same month in 2007. Meanwhile, passenger traffic fell 4.6 percent.

December 10, 2008 - 8:47am

The International Air Transport Association (IATA) predicts “the worst revenue environment in 50 years” in the airline business next year, according to a global market forecast the group released yesterday. In all, IATA sees a loss of $2.5 billion, led by a doubling in losses among Asia-Pacific carriers to $1.1 billion. Europe will rival Asia-Pacific’s bruising with a tenfold rise in losses, to $1 billion, according to the IATA report.

November 4, 2008 - 4:43am

With the goal of saving as much as 470,000 metric tons of fuel each year, the International Air Transport Association (IATA) has launched a Flight Efficiency Plan with Eurocontrol and the Civil Air Navigation Services Organization to accelerate efficiency improvements to the European air traffic management system.

September 30, 2008 - 9:48am

International Air Transport Association (IATA) director general and CEO Giovanni Bisignani characterized the actions needed to address the depressed state of the world’s airline business as “a matter of survival” during a press conference in Hanoi today.

July 16, 2008 - 11:14am

IATA director general Giovanni Bisignani lambasted European governments for their alleged greediness for environmentally inefficient taxes here yesterday.

July 8, 2008 - 5:30am

The Transportation Department’s plan to manage congestion at New York’s three area airports drew criticism from industry witnesses and members of Congress last month, and the head of the airline lobby once again used the forum to blame business aviation as a “significant contributor” to delays in the Northeast corridor.

 
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