To emphasise the aviation industry’s commitment to its emissions reduction goals, the International Air Transport Association (IATA) urged the International Energy Agency (IEA) to prioritise investment in sustainable aviation fuel (SAF) to help power aviation’s contribution to the post-COVID-19 recovery, according to a press release. IATA’s call comes on the eve of the IEA Clean Energy Transitions Summit where much of the debate revolves around working towards a low-carbon future. With … [Read more...] about IATA pushes sustainable fuel production to aid aviation’s post-COVID-19 recovery
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IATA: $29 billion loss expected for Asia-Pacific airlines in 2020
Airlines in the Asia-Pacific region will be the hardest hit by the COVID-19 crisis, with losses expected to be $29 billion for 2020. This is more than a third of the $84.3 billion industry losses globally. The Asia-Pacific region was the first region to feel the brunt of the COVID-19 crisis. The region’s airlines will see passenger demand (measured in revenue passenger kilometers, RPK) collapse 53.8% this year, while capacity (in available seat kilometers, ASK) will be reduced by … [Read more...] about IATA: $29 billion loss expected for Asia-Pacific airlines in 2020
IATA traveler survey reveals COVID-19 concerns
The International Air Transport Association (IATA) released public opinion research showing the willingness to travel being tempered by concerns over the risks of catching COVID-19 during air travel. The industry’s re-start plans address passenger’s main concerns. Concerns for travel during COVID-19 Travelers are taking precautions to protect themselves from COVID-19 with 77 percent saying that they are washing their hands more frequently, 71 percent avoiding large meetings and 67 percent … [Read more...] about IATA traveler survey reveals COVID-19 concerns
May air cargo shows slight pickup amid continuing capacity crunch
The International Air Transport Association (IATA) released data for global air freight markets in May showing a slight improvement in the air cargo market. But capacity remains unable to meet demand as a result of the loss of belly cargo operations on passenger aircraft that have been parked. Global demand, measured in cargo tonne-kilometers (CTKs*), fell by 20.3 percent in May (-21.5 percent for international operations) compared to the previous year. That is an improvement from the 25.6 … [Read more...] about May air cargo shows slight pickup amid continuing capacity crunch
New General Counsel at IATA as Jeff Shane retires
The International Air Transport Association (IATA) announced that Karen Clayton has taken on the duties of General Counsel in addition to her responsibilities as Corporate Secretary effective today, 1 July 2020. Jeff Shane retired as IATA’s General Counsel on 30 June 2020 after seven years of service. “The entire aviation world owes a huge debt of gratitude to Jeff, who joined IATA after a distinguished 25-year career in public service and another 15 years in private practice. While in public … [Read more...] about New General Counsel at IATA as Jeff Shane retires
May passenger demand shows slight improvement, says IATA
The International Air Transport Association (IATA) announced that passenger demand in May (measured in revenue passenger kilometers or RPKs), dropped 91.3 percent compared to May 2019. This was a mild uptick from the 94 percent annual decline recorded in April 2020. The improvement was driven by the recovery in some domestic markets, most notably China. “May was not quite as terrible as April. That’s about the best thing that can be said. As predicted, the first improvements in passenger … [Read more...] about May passenger demand shows slight improvement, says IATA