We are pleased to send you herewith the May report of the Airlines Financial Monitor Key points: Global airline share prices fell by 3.0% in May, and have now fallen by nearly 11% since the start of the year; However, the latest financial results continue to indicate a robust Q1 2016 for industry profitability; Brent […]
Ethiopian airlines, the leading African carrier is pleased to announce that its Group CEO Mr. Tewolde GebreMariam has been re-appointed to the IATA (International Air Transport Association) Board of Governors for a three year-term at the 72nd IATA Annual General Meeting (AGM) held in Dublin, Ireland. Moreover Mr. Tewolde has also been appointed to the […]
The International Air Transport Association (IATA) has warned that Bangkok’s main Suvarnabhumi Airport is a safety risk, with “serious” overcrowding soon to become a critical issue, and urgent expansion needed, according to a local media report. Thailand is under pressure to improve its aviation standards after the US FAA downgraded the country’s safety ratings in […]
We are pleased to send you herewith IATA’s assessment of premium and economy travel in September. Key points: Passenger travel on international markets was up 5.1% in September year-on-year, similar to the August 5.4% result. But the September rise is due to weakness in the year ago period, rather than growth over the month. Looking at […]
September Shows Continued Strong Traffic Demand Geneva – The International Air Transport Association (IATA) announced global passenger traffic results for September showing solid demand growth compared to September 2014 for domestic and international traffic. Total revenue passenger kilometers (RPKs) rose 7.3% compared to the year-ago period, slightly above the 7.1% growth achieved in August. September […]
