Latest International Air Transport Association Stories
By Caroline Brothers From Aloha in Hawaii to Alpi Eagles in Italy, from promising upstarts like Silverjet to legends like Aeropostal of Venezuela, more than two dozen airlines have fallen off the international radar screen this year. Some filed for bankruptcy protection.
By Caroline Brothers From Aloha in Hawaii to Alpi Eagles in Italy, from promising upstarts like Silverjet to legends like Aeropostal of Venezuela, more than two dozen airlines have fallen off the international radar screen this year. Some filed for bankruptcy-law protection.
Freight Volumes Contract Passenger Growth Hits Five-Year Low The International Air Transport Association (IATA) released international traffic data for June that showed a continued slowing of demand growth for air transport. Cargo contracted by 0.8% compared to June 2007.
By Boonsong Kositchotethana, Bangkok Post, Thailand Jul. 23--Airline business confidence slumped to new lows in the second quarter of this year following a steep decline in the preceding quarter, and airline chief finance officers now expect a further deterioration in the next 12 months.
By Erica Gies Aviation emits 2 percent of carbon dioxide emissions worldwide, and 3 percent of total greenhouse gas emissions, according to the Intergovernmental Panel on Climate Change, the scientific body set up by the United Nations and the World Meteorological Organization to review the evidence on human-induced global warming.
SriLankan Airlines introduced a fuel surcharge on all airline fares from beginning of the current month (July 2008). The decision to increase fares is due to the unprecedented rise in world fuel prices.
By JONATHAN RENNIE TECHNOLOGY developed by a Glasgow firm is set to revolutionise air travel. Electronics Real Time has created mobile phone software which replaces the need for an airline ticket.
DOT Secretary Mary Peters and Senator Byron Dorgan (D-N.D.), a key member of the Senate Democratic leadership and a senior member of the Senate aviation subcommittee, will headline the agenda for a one-day Energy/Air Service Summit, July 10 at the Embassy Suites-Convention Center hotel in Washington, D.C., the American Association of Airport Executives (AAAE) (http://www.aaae.org) has confirmed.
IATA chief: fuel prices biggest challenge to airlines AMMAN, June 19 (Xinhua) -- Rising fuel prices are the biggest challenge facing the air transport industry, local daily The Jordan Times reported Thursday, quoting Samer Majali, new chairman of the International Air Transport Association (IATA) board of governors.
By Danny Fortson Business Correspondent The airline industry will be hit by a downturn far worse than even the most tumultuous periods in recent memory - the post- 9/11 years and the early Nineties recession - new research predicts.