• ASEAN must aim high in market liberalisation

    ASEAN has missed the December 2008 deadline to open markets between capital cities on a multilateral basis, said the director general and CEO of the International Air Transport Association’s (IATA), Giovanni Bisignani. “Malaysia must be a strong voice encouraging...... Read More
  • IATA: $2.5B loss in ’09 is optimistic

    International Air Transport Association (IATA) DG and CEO Giovanni Bisignani said the organisation’s December forecast of an industry-wide US$2.5 billion loss in 2009, based on a 5 per cent drop in cargo volumes and a 3 per cent drop...... Read More
  • Industry has not yet hit bottom~ IATA

    Industry has not yet hit bottom: IATA Continued falling cargo demand has led the International Air Transport Association (IATA) to urge the cargo supply chain to improve security and efficiency to deliver a more enticing product. In remarks delivered...... Read More
  • Deeper cargo drop in Jan

    Figures for January released by IATA show air freight and passenger traffic heavily down again, dropping 23.2 and 5.6 per cent respectively. The sharp fall in air freight was even deeper than the 22.6 per cent drop in December...... Read More
  • ME carriers to see losses double in ¡¯09

    The Middle East aviation industry should brace for further turbulence this year, with the region¡¯s airlines poised to rack up combined losses of $200 million this year ¨C twice the amount they lost in 2008, according to the International...... Read More
  • IATA: International cargo traffic in “free-fall”

    The latest international scheduled traffic statistics from the International Air Transport Association (IATA) show that in the month of December global international cargo traffic plummeted by 22.6 per cent compared to December 2007. For the full-year 2008, international cargo...... Read More
  • Asia Air Cargo Dives 11 Per cent

    Freight traffic for Asian airlines plunged 11 per cent in October, the steepest decline for the carriers since 2001 and a worrying signal that the downturn is worsening. The decline measured by the Association of Asia Pacific Airlines was...... Read More
  • Middle East : Bisignani: MENA carriers face

    IATA DG and CEO Giovanni Bisignani warned Middle East and North African (MENA) carriers that they are not immune to the current industry crisis and urged them to focus on efficiency, safety and expanding commercial freedoms. Speaking at the...... Read More
  • Vietnam : Vietnam, US open cargo skies a bright spot

    Vietnam and the US have agreed to the terms of an Open Skies agreement that will effectively eliminate restrictions on air cargo routes linking the two countries. The new pact will give air carriers from both countries the go-ahead...... Read More
  • EU Council

    The EU Council has adopted the European Commission directive to include aviation in the EU emissions trading system. The decision was made “without discussion” at the Council meeting of the EU Justice and Home Affairs Ministers, according to a...... Read More