• US$6 billion 1H losses for airlines

    Airlines around the globe lost more than US$6 billion during the first half of the year due to the economic crisis, even as fresh figures showed some signs of recovery in the passenger and freight business, International Air Transport...... Read More
  • EUROPE & CIS: Two per cent global fleet expansion in June

    The global airline fleet expanded by about two per cent in June, thanks to new plane deliveries and a largerthan- expected number of aircraft being taken out of storage, according to the International Air Transport Association (IATA). IATA estimates...... Read More
  • International Air Transport Association (IATA)

    The International Air Transport Association (IATA) said June marked the 13th consecutive month of contracting demand for international air cargo. Despite reaching a bottom in December, improvement has been slowed by high inventory levels and soft demand. “At the...... Read More
  • International Air Transport Association

    The International Air Transport Association (IATA) announced that Cathay Pacific Airways CEO Tony Tyler started his one-year term as the Chairman of the IATA Board of Governors. Tyler succeeds Samer Majali, CEO of Royal Jordanian Airlines, who served as...... Read More
  • IATA: Cargo drop slowed but yield still down

    The year long decline in global air cargo slowed in July but revenue and freight rates remain under intense pressure, the International Air Transport Association (IATA) said. Cargo volumes fell 11.3 per cent last month from July 2008, compared...... Read More
  • Aramex joins Cargo 2000

    Dubai-based global logistics solutions provider, Aramex, has announced that it has joined Cargo 2000, an industry group within the International Air Transport Association (IATA) specialising in quality management systems for the global air freight industry. Cargo 2000 re-engineers the...... Read More
  • SIA Cargo weathers the storm

    Like all other carriers, SIA Cargo is also being impacted by the recession, but the airline is remaining nimble, disciplined in resources deployment and is continuing to be vigilant on cost management.... Read More
  • Aviation’s green imperative

    When the CEO of IATA, Giovanni Bisignani, stood before his membership at the association’s 2007 AGM and challenged his industry to build a future based on zero carbon emissions, many were stunned by his seemingly audacious goal. After all,...... Read More
  • IATA: Asia cargo carriers optimistic of rising demand

    The latest Airline Business Confidence Index from the International Air Transport Association has indicated carriers in Asia are more optimistic of a stabilisation of profitability over the next twelve months, compared with their counterparts in Europe and North America....... Read More
  • MALAYSIA: Asia-Pacific carriers could be first to recover

    Asia-Pacific carriers may be the first to recover from the dramatic industry downturn due to the lower household debt in Asia compared with the US andEurope, according to the International Air Transport Association’s chief economist. Asia-Pacific airlines may see...... Read More