All posts tagged "International Air Transport Association"

  • News
    Delta Tops 2012 Scheduled Passengers Listing

    Delta Air Lines carried the most scheduled passengers last year, according to the International Air Transport Association, while Ryanair topped the list for international scheduled passengers only.  Total (International + Domestic) Rank   Airline                                      Thousands 1          Delta Air Lines                       116,726 2          Southwest Airlines                112,234 3          United Airlines                       92,619 4          American Airlines    ...

  • News
    IATA Predicts 1.8% Net Margin for Airlines Despite Weak Economies and High Oil Prices

    IATA, the International Air Transport Association, has upgraded its global outlook for the airline industry to a US$12.7 billion profit in 2013 on $711 billion in revenues. This is $2.1 billion better than the $10.6 billion profit projected in March of this year and an improvement on the $7.6 billion profit generated...

  • News
    IATA CEO Knocks Government Knocks

    Announcing a modest improvement in its outlook for the 2013 financial performance of the global airline industry, primarily based on stronger revenues, Tony Tyler, Director General and Chief Executive of the International Air Transport Association, took a swipe at the “knocks” that governments are imposing on the airline industry. “Airlines deliver tremendous...

  • News
    IATA Disappointed with EC’s Proposed Revisions to EC261

    The International Air Transport Association has reacted with disappointment to the European Commission’s proposed revisions to its passenger rights legislation (EC Regulation 261 or EC 261). Tony Tyler, IATA Director General and Chief Executive, said: “There are some positive aspects to the Commission’s review but overall the package of proposed changes will...

  • News
    Air Passenger Demand Grew 5.3% in 2012

    The International Air Transport Association has announced full-year traffic data for 2012 showing a 5.3% year-on-year increase in passenger demand and a 1.5% fall for cargo. The 5.3% increase in passenger demand was slightly down on 2011 growth of 5.9% but above the 5% 20-year average. Load factors for the year were...

  • News
    Travelport Responds to IATA’s NDC Initiative

    In a statement issued in response to the International Air Transport Association’s proposed New Distribution Capability, Travelport has called for “real collaboration” with GDSs and travel agents and for IATA to address the concerns raised by travel agency bodies – which include ECTAA and ASTA. The statement is as follows: Travelport welcomes...

  • News
    ECJ Rules Against Airlines on Delayed Flight Compensation

    In Luxembourg today, the European Court of Justice rejected two applications by airlines to avoid paying compensation for delayed flights, and said: “The Court of Justice has confirmed its previous ruling that passengers whose flights have been delayed for a long time may be compensated.” The court, ruling in a case involving...

  • News
    IATA: Improved Performance Will Cushion Fall in 2012 Profits

    The International Air Transport Association has revised upwards its global aviation outlook for 2012, saying that the fall in airline profits from the US$8.4 billion that the industry earned in 2011 will be cushioned by improved airline performance. Airlines are expected to earn $4.1 billion in 2012 (up $1.1 billion from the...

  • News
    Global Accident Rate Reaches New Low – IATA

    The International Air Transport Association has announced that the 2011 accident rate for Western-built jets was the lowest in aviation history, surpassing the previous mark set in 2010. The 2011 global accident rate (measured in hull losses per million flights of Western-built jets) was 0.37, the equivalent of one accident every 2.7...

  • News
    Air Transport Markets Weaken in November

    The International Air Transport Association has announced global traffic results for November showing a softening in passenger markets. Passenger traffic was 4.3% above November 2010 levels but this is skewed as November 2010 was a particularly weak month. The softening in passenger markets becomes apparent when comparing to the previous month (October 2011)....

  • News
    International Air Travel Continues Growth

    International air travel showed 4.6% growth last month over October 2010, according to the International Air Transport Association. This is in line with an overall upward trend, albeit at a slowing pace. International passenger load factors stood at 77.6%, down from the 79.5% recorded at the same time last year. Cargo demand...

  • News
    11 Irish Travel Agents Now Settle BSP Weekly

    Since the International Air Transport Association introduced new financial rules on 1st September 2010 all Irish travel agents have been reviewed under them, and of the 126 Irish travel agency head offices reviewed, 11 agencies are now settling their BSP payments weekly, six are settling twice a month, and the remaining 109...

  • News
    IATA Optimistic About Indonesia’s Aviation Potential

    The International Air Transport Association has called on Indonesia to implement co-ordinated policy measures to reap the economic and social benefits of a successful aviation industry. “I am optimistic about Indonesia’s aviation potential,” said Tony Tyler, IATA’s Director General and Chief Executive. “With over 18,000 islands crossing an expanse of over 5,000...

  • News
    Air Passenger Traffic Hits a Speed Bump in June

    The International Air Transport Association has announced traffic results for June that showed a slight softening in demand for both air travel and freight markets. Compared to June 2010, passenger demand was up 4.4% while freight demand was 3% lower. The trend for passenger travel remains upwards, but at a slower pace...

  • News
    Air Traffic Demand Grows in May

    The International Air Transport Association (IATA) has announced the traffic results for May, which showed a 6.8% increase in passenger traffic over May 2010. This is 4% higher than the beginning of the year.