All posts tagged "International Air Transport Association"

  • 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.