Despite an improved performance by European carriers, the latest financial results for Q4 2016 confirm a second quarter of modest easing in industry-wide profitability – albeit from historically high levels. Global airline share prices fell by 1.5% in March, unwinding recent gains, with a correction in the North American index more than offsetting modest […]
The International Air Transport Association (IATA) announced global passenger traffic results for February showing a second month of strong demand growth to begin 2017. Total revenue passenger kilometers (RPKs) rose 4.8%, compared to the same month last year. Although this was below growth achieved in January, year-to-year comparisons are distorted because February 2016 was a […]
The International Air Transport Association (IATA) called on governments to urgently find alternatives to recently announced measures by the United States and the United Kingdom to restrict the carry-on of large electronic items on certain flights departing the Middle East and North Africa. The Case for Alternative Measures “The current measures are not an acceptable […]
The International Air Transport Association (IATA) asked the Canadian Government to improve the competitiveness of its aviation sector by prioritizing the elimination of Crown Rents over consideration of airport privatization. “The Canadian government has already pocketed about C$5 billion as the historical landlord of airport property. That’s a C$5 billion disincentive to travel, to visit […]
The International Air Transport Association (IATA) called on the air cargo industry to accelerate modernization and focus on delivering high quality service. The call was made at the 11th World Cargo Symposium, which opened in Abu Dhabi today against a backdrop of cautious optimism for the global air cargo sector. After several years of virtually […]