The International Air Transport Association (IATA) urged governments to support the vital role aviation plays in connecting people and commerce around the globe. "Our world has grown much wealthier through trade and travel. Air travel liberates people to live better lives and makes our world a better place," said Alexandre de Juniac, IATA’s Director General and CEO. In the US, the aviation sector contributes US$680.1 billion dollars to GDP and supports 6.2 million jobs. "Aviation is the business … [Read more...] about Governments urged to support aviation’s ability to drive economic growth
IATA
SkyFusion grows stronger with FAA and EUROCONTROL participation
The International Air Transport Association (IATA) announced that SkyFusion will include access to the US Federal Aviation Administration’s (FAA) operational data in addition to EUROCONTROLs pre-operational data, which is already incorporated. SkyFusion is an IATA-Harris Corporation cloud-based tool that enables airlines, air navigation service providers (ANSPs) and airports to share and exchange operational information across flight information regions. This improves airspace … [Read more...] about SkyFusion grows stronger with FAA and EUROCONTROL participation
IATA welcomes entry into force of WTO Trade Facilitation Agreement
The International Air Transport Association (IATA) has welcomed the entry into force of the Trade Facilitation Agreement (TFA). This follows the ratification of the treaty by two-thirds of the members of the World Trade Organization (WTO). "The Trade Facilitation Agreement will cut red tape at the border for faster, cheaper and easier trade. That’s great news for airlines, which deliver about a third of the goods traded across borders by value. And it’s a particularly timely reminder … [Read more...] about IATA welcomes entry into force of WTO Trade Facilitation Agreement
Emirates SkyCargo appoints Ross Barnett as UK cargo manager
Emirates SkyCargo, the freight division of Emirates, has announced the appointment of Ross Barnett as cargo manager in the UK. Ross, who will now be based in London, has over 30 years’ experience in the cargo industry. He joined Emirates in 1995, holding a number of positions in the company, most recently cargo manager for Northern England and Scotland where he was responsible for over 20 staff based in the region. In his new role, Ross will oversee the 45 … [Read more...] about Emirates SkyCargo appoints Ross Barnett as UK cargo manager
IATA airlines financial monitor – January 2017
Key points from January report: The initial financial results for Q4 2016 indicate a continued solid performance for the air transport industry, albeit with ongoing signs that momentum in the profitability cycle has weakened. Global airline share prices began the year on a positive note, rising 1.5% in January and a healthy 6.8% over the past year. However, the industry has lagged the overall performance of global equities on both measures. Brent crude oil … [Read more...] about IATA airlines financial monitor – January 2017
IATA cargo chartbook – Q4 2016
IATA has released the latest quarterly cargo market analysis. Key points: Industry wide FTKs grew 3.8 percent in 2016, the second highest growth rate since the 2010 rebound after the GFC Global economic growth is expected to accelerate moderately in 2017, however world trade remains fragile But expansion in export orders and strong consumer confidence may boost air cargo demand Air cargo profitability outlook under strain due to flooding-in of capacity and … [Read more...] about IATA cargo chartbook – Q4 2016