Quantcast

Latest International Air Transport Association Stories

2008-06-20 18:00:24

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. Due to skyrocketing fuel prices to unprecedented levels, the airline industry is now falling into the red, said Majali, who is also president and chief executive officer of...

2008-06-19 09:00:42

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. Morgan Stanley slashed its earnings forecasts yesterday for several major European carriers, including British Airways and easyJet, in the latest of a flurry of gloomy assessments of the industry. Penelope Butcher, the analyst who authored the report, warned...

2007-12-09 14:34:22

The aviation industry’s part in the battle over global warming is heating up fast. Pilloried as a high-profile generator of greenhouse gases, commercial aviation is increasingly being targeted by legislators on both sides of the Atlantic for mandatory carbon-trading schemes and limits on aircraft emissions -- even though airlines say they are already dramatically cutting emissions and painting their operations green. The need to reduce aircraft emissions is gaining a sense...

2007-10-01 09:00:26

Unisys Corporation (NYSE:UIS) announced today that Hahn Air Systems GmbH has successfully implemented the initial phase of its eTops next-generation airline booking system based on the Unisys Airline Core Systems Solutions (AirCore). Hahn Air brought the initial phase of its eTops solution into production by implementing the booking system of its client Edelweiss Air from Switzerland. Using its unique tool, eTops Talk, Hahn Air Systems is granting seamless connectivity of eTops with...

2006-07-05 13:47:30

WASHINGTON (Reuters) - The U.S. Transportation Department proposed on Wednesday lifting an antitrust waiver for an international trade group that sets airfares and air cargo rates between the United States and Europe. The proposal to eliminate the 50-year involvement of the International Air Transport Association in pricing would also affect flights between the United States and Australia. The change could open key transatlantic and Pacific markets to more price competition,...

2006-06-01 07:02:14

By Tim Hepher and Benoit Van Oversraeten PARIS (Reuters) - Global airlines accused the United States and Europe of failing to coordinate security and trade policies on Thursday, saying a European court decision to halt a data-sharing deal had left them in legal no-man's-land. Under a 2004 anti-terrorism pact, European airlines have been obliged to give U.S. authorities up to 34 pieces of information on passengers flying to the United States but on Tuesday a European court ruled the...

2005-09-29 11:52:33

By Jeff Mason BRUSSELS (Reuters) - International airlines and the United States are giving a cool reception to the European Union's plans to bring aviation into its greenhouse gas emissions trading scheme. The European Commission recommended on Tuesday that all carriers that take off from an EU airport, regardless of nationality, should be included in the scheme in an effort to curb increasing emissions of gases that cause global warming. But the International Air Transport...


Word of the Day
attercop
  • A spider.
  • Figuratively, a peevish, testy, ill-natured person.
'Attercop' comes from the Old English 'atorcoppe,' where 'atter' means 'poison, venom' and‎ 'cop' means 'spider.' 'Coppa' is a derivative of 'cop,' top, summit, round head, or 'copp,' cup, vessel, which refers to 'the supposed venomous properties of spiders,' says the OED. 'Copp' is still found in the word 'cobweb.'
Related