SITA, the global IT provider to the air transport industry, has made several changes to its executive management team responsible for SITA’s product portfolios. These appointments come at crucial juncture as the air transport industry begins the difficult task of restarting operations after a lengthy shutdown due to the COVID-19 crisis. David Lavorel, previously CEO of SITA FOR AIRCRAFT, has been appointed to head SITA AT AIRPORTS AND BORDERS, SITA’s airport and border solution portfolio. … [Read more...] about SITA announces new leadership appointments overseeing SITA’s key product portfolios
Covid-19
Smart technology will be fundamental for airlines to safely return to the skies in the coming weeks
SITA, the technology provider for the air transport industry, sheds new light on how technology is helping airports and airlines safely resume operations and help implement new hygiene measures to restore passenger confidence after a lengthy shutdown due to the COVID-19 pandemic. Speaking after the Aviation Week webinar event Sebastien Fabre, Vice-President Airline & Airport, SITA said, “The past few weeks have seen airlines across the globe tentatively take to the skies. This is … [Read more...] about Smart technology will be fundamental for airlines to safely return to the skies in the coming weeks
Frost & Sullivan: Global commercial aircraft market to focus on innovative digital solutions and leasing post-COVID-19
Frost & Sullivan’s recent analysis, Post-pandemic Growth Opportunity Analysis of the Global Commercial Aircraft Market, presents updates to the 2020 outlook and growth opportunities for original equipment manufacturers (OEMs), the supply chain, and aftermarket suppliers. Under the conservative forecast scenario, the market is estimated to witness a dramatic drop in revenues, reaching $149.24 billion in 2020 and garnering a revenue of $271.67 billion by 2025. However, the aspirational … [Read more...] about Frost & Sullivan: Global commercial aircraft market to focus on innovative digital solutions and leasing post-COVID-19
Air cargo capacity crunch: Demand plummets but capacity disappears even faster
The International Air Transport Association (IATA) released data for global air freight markets in April showing that demand dropped 27.7 percent compared to the same period in 2019 - the sharpest fall ever recorded. Still, there was insufficient capacity to meet demand as a result of the loss of belly cargo operations on passenger aircraft. Global demand, measured in cargo tonne kilometers (CTKs), fell by 27.7 percent in April compared to the previous year (-29.5 percent for international … [Read more...] about Air cargo capacity crunch: Demand plummets but capacity disappears even faster
AAPA welcomes ICAO guidance on restarting international aviation
The Association of Asia Pacific Airlines (AAPA) has welcomed the publication of comprehensive guidance material by the International Civil Aviation Organisation (ICAO) in support of coordinated efforts to restart international air travel. Most international flights worldwide have been grounded by border closures, and other travel restrictions, imposed in response to the COVID-19 pandemic. The guidelines have been developed by governments and air transport industry stakeholders, working … [Read more...] about AAPA welcomes ICAO guidance on restarting international aviation
After April passenger demand trough, first signals of uptick
The International Air Transport Association (IATA) announced that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April (measured in revenue passenger kilometers or RPKs), plunged 94.3 percent compared to April 2019, as the COVID-19-related travel restrictions virtually shut down domestic and international air travel. This is a rate of decline never seen in the history of IATA’s traffic series, which dates back to 1990. More recently, figures … [Read more...] about After April passenger demand trough, first signals of uptick