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Latest International Air Transport Association Stories

2009-03-24 15:46:13

The International Air Transport Association said Tuesday the industry was headed toward a loss of $5 billion in 2009, due to the economic downturn. The industry-wide crisis would resize and reshape the industry, IATA Chief Executive Officer Giovanni Bisignani said in a conference call, The New York Times reported Tuesday. The effects of the slowdown would go so far as to slow deliveries of new planes from Boeing and Airbus, the report said. The IATA said airline industry revenues would fall...

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2009-03-05 13:07:50

Aircraft maker Boeing announced on Thursday that a system which gives aircraft tailor-made arrival paths has saved fuel and cut emissions during recent trials. Boeing said it has worked with different airlines in the past 12 months to test its Tailored Arrivals program. "The Tailored Arrivals project is a major step forward as it offers pilots the opportunity to fly the most fuel-efficient and timely flight paths within the bounds of safety," said Paul Steele, director of Aviation Environment...

2009-01-30 12:28:24

The International Air Transport Association said U.S. and foreign airlines lost $5 billion in 2008, as passenger traffic and cargo shipping fell. Passenger traffic dropped 4.6 percent compared with 2007, the IATA said, USA Today reported Friday. For the year, 74 percent of the available seats were sold, while cargo shipping fell 22.6 percent. There is no clearer description of the slowdown in world trade, IATA Chief Executive Officer Giovanni Bisignani said. IATA represents 230 airlines...

2009-01-07 02:39:00

~ Taking a look back at the Aerospace & Defense Industry in 2008 and its market outlook for 2009 ~ SINGAPORE, Jan. 7 /PRNewswire/ -- Airline companies have played an immense feat, juggling both the legacy & low cost carrier segment with unwavering commitment in going through the test of times during the last seven years and especially through 2008. The year 2007 was a year of regaining profitability for the airline industry after the uphill struggle of cutting off redundant...

2008-11-11 00:00:18

The aviation industry must accelerate implementation of advanced airspace management technologies to counteract pressure from a public increasingly concerned about the environment. That's the message Chris Manning, former chief pilot at Qantas, delivered to 150 aviation experts gathered in Seattle at the industry-focused forum for airlines and air traffic management organizations that are deploying Performance Based Navigation (PBN) worldwide. PBN relies on GPS guidance and advanced...

2008-10-23 09:00:23

The International Air Transport Association has urged airlines based in the Middle East and North Africa to focus on improving efficiency and expanding commercial freedom. Giovanni Bisignani, director general and CEO of the International Air Transport Association (IATA), said: "The oil price is falling, but what we save in fuel, we lose in revenue. This industry will lose $5.2 billion this year. Even the Middle East is not immune. The region's carriers posted 18.1% traffic growth in 2007....

2008-10-22 18:00:17

FORT WORTH, Texas, Oct. 22 /PRNewswire-FirstCall/ -- American Airlines Cargo Division (AA Cargo) today announced its participation in the U.S. launch of an air cargo industry e-freight initiative which supports a move toward paperless documentation. The initiative is facilitated by the International Air Transport Association (IATA). IATA's e-freight effectively eliminates the need to send 12 paper documents with air cargo shipments, which streamlines processes, improves speed and...

2008-10-22 12:00:34

Research and Markets (http://www.researchandmarkets.com/research/39c1a6/evolution_of_inter) has announced the addition of the "Evolution of International Aviation, Second Edition" report to their offering. The purpose of this book is twofold. First, it lays out the forces that shaped the international aviation industry and that changed all the rules in the drive for liberalization. Second, it looks at the many interesting and difficult choices ahead that the airline industry in general...

2008-09-19 06:00:22

By Marilyn Adams Amid higher airfares and a crisis in the financial markets, airlines in the U.S. and abroad are seeing or bracing for softening passenger demand. The International Air Transport Association, which represents 230 carriers worldwide, on Thursday said international travel fell in July, especially in the lucrative first class and business class. The number of passengers traveling on premium tickets fell 1% in July after growing the first six months of 2008. Though...

2008-09-17 09:00:38

IATA declares Nigeria industry leader in Africa LAGOS, Sept. 16 (Xinhua) -- Nigerian Minister of Transportation Diezani Allison-Madueke Monday in Abuja said the International Air Transport Association (IATA) has declared Nigeria as a leading country in airport certification in Africa, according to the Leadership newspaper on Tuesday. This came at a time when the Nigeria federal government has signed a memorandum of understanding on bilateral air services agreements (BASA) with...


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'