Former IATA CEO Tony Tyler to join Qantas board
Former IATA director general and CEO, Tony Tyler will join the Qantas board as a non-executive director, subject to shareholder approval. Qantas chairman, Leigh Clifford announced the move, saying Tyler will bring significant experience in commercial aviation as well as overseas markets when he formally joins the board in October. Clifford says: “His industry knowledge […]
Alexandre De Juniac takes over at IATA
Alexandre de Juniac has officially taken over the role of director general and chief executive officer (CEO) of the International Air Transport Association (IATA) from Tony Tyler. De Juniac, who was chairman and CEO of Air France – KLM is succeeding Tyler who is retiring after five years in charge. He was confirmed as the […]
Call for stricter enforcement and stiffer penalties on rogue lithium batteries
The International Air Transport Association (IATA) has partnered with leaders of the lithium battery supply chain to demand stricter enforcement of international regulations regarding the transport of lithium batteries. In a joint letter to Government Ministers of Trade, Industry and Transport, and directors of civil aviation in the world’s largest lithium battery manufacturing and export […]
Demand grows at fastest rate for 14 months but overcapacity continues
Freight tonne kilometres (FTK) have grown at the fastest pace for 14 months in June but yields remain under pressure with capacity growing faster, the International Air Transport Association (IATA) says. In June, FTK grew by 4.3 per cent, with the Middle East and Europe performing most strongly but available FTK was up 4.9 per […]
IATA and FIATA sign Air Cargo Program agreement
The International Air Transport Association (IATA) and the International Federation of Freight Forwarders Associations (FIATA) have signed an agreement to implement the IATA-FIATA Air Cargo Program (IFACP). The agreement was signed by IATA director general and chief executive officer, Tony Tyler, and FIATA president, Huxiang Zhao, and IFACP will replace the IATA Cargo Agency Program. […]
IATA: Hopes for a stronger 2016 beginning to fade
Airfreight volumes have continued to move sideways as hopes for a stronger 2016 fade, the International Air Transport Association (IATA) says in its May 2016 market analysis. Freight tonne kilometres (FTK) grew by 0.9 per cent in May, with Africa, Europe and the Middle East seeing growth while Asia Pacific, Latin America and North America […]
IATA condemns “cowardly and murderous” Ataturk attack
The International Air Transport Association (IATA) has condemned the terrorist attacks at Istanbul’s Ataturk International Airport, describing it as a “cowardly and murderous act”. IATA’s director general and chief executive officer, Tony Tyler says the Istanbul attack, and the March attack on Brussels Airport show the growing challenge of keeping landside parts of airports safe. […]
Brexit: IATA warns of negative long-term freight impact
The International Air Transport Association (IATA) has released preliminary analysis of the financial and economic impact of the UK leaving the European Union (EU)- or the so-called Brexit – on the air transport industry. IATA says considerable uncertainty remains regarding the precise detail of the exit and warns it could be two years or more […]
AF-KLM’s de Juniac confirmed to succeed Tyler as IATA head
Alexandre de Juniac has been confirmed to succeed Tony Tyler as director general and chief executive officer (CEO) of the International Air Transport Association (IATA), and Willie Walsh will be chairman of the board of governors. De Juniac, who is the chairman and CEO of Air France-KLM will take over at IATA on 1 September. […]
IATA calls on governments to ensure airlines can repatriate revenues
Venezuela has blocked the repatriation of $3.78 billion worth of airline funds, which it has held for the last 16 months, according to the International Air Transport Association (IATA). IATA is calling on governments to respect international agreements obliging them to ensure airlines are able to repatriate their revenues. IATA monitors blocked funds globally, the sum […]
IATA adopts resolution to tackle terrorism
The International Air Transport Association’s (IATA) 72nd Annual General Meeting (AGM) unanimously adopted a resolution that denounces terrorism and calls for intensified co-operation among governments as well as with the air transport industry to keep flying secure. IATA’s director general and chief executive officer, Tony Tyler says: “The foundation stone of security has been rocked […]
IATA predicts profit improvement in 2016
The International Air Transport Association (IATA) has revised its 2016 financial outlook upwards to $39.4 billion, due to airlines improving efficiency and low oil prices, following a better than expected result in 2015. The association says airlines this follows improvements in 2015, where profits were revised upwards to $35.3 billion, with North America performing most […]
IATA: airfreight markets grow in April
The International Air Transport Association (IATA) says global air cargo markets grew by 3.2 per cent in April. The association says demand measured in freight tonne kilometers (FTKs) rose in the month compared to the same period last year. IATA says yields remained pressured as April freight capacity (measured in available freight tonne kilometers or […]
IATA: Volumes and load factors keep tumbling in March
The airfreight market has faced another challenging month in March with freight tonne kilometres (FTK) falling by two per cent while load factors keep tumbling, the International Air Transport Association (IATA) reports. The results have been exaggerated by the comparison with a particularly strong start to 2015 when airfreight received a boost due to the […]
IATA: Cargo struggles in February
Worldwide freight tonne kilometres (FTK) fell by 5.6 per cent in February, though the 2015 result was skewed by the US West Coast seaport strikes, the International Air Transport Association (IATA) says. The association says all regions of the world saw FTK falling except Latin America, which was up 2.7 per cent despite Brazil suffering […]
AF-KLM CEO, de Juniac to succeed Tyler as IATA head
The International Air Transport Association (IATA) board of governors has recommended Alexandre de Juniac succeed Tony Tyler as the association’s director general and chief executive officer (CEO). The board unanimously approved recommending de Juniac, who is Air France-KLM chairman and CEO, to succeed Tyler running IATA when he retires in June. The decision will be […]
IATA says inefficiencies of European airspace will cost 245 billion euros
The International Air Transport Association (IATA) has released a study projecting a one million job and 245 billion euro boost to European prosperity in 2035 from airspace modernisation. IATA says Europe is well-served by air connectivity, which today supports 11.7 million European jobs and $860 billion of European gross domestic product (GDP), but says it […]
IATA expresses outrage at Brussels terrorist attacks
The International Air Transport Association (IATA) has expressed outrage at attacks in Brussels yesterday and offered its sympathies to the victims and their families and friends. Two explosions near check-in counters took place at Brussels Airport yesterday morning, which are thought to have killed 11 people and injuring many more, while another explosion took place at […]
IATA commits to reducing trafficking of wildlife
The International Air Transport Association (IATA) has signed a declaration aimed at reducing the illegal trafficking of wildlife, which it says underlines the aviation industry’s commitment to sustainability. The association says the interconnected air transport network is being exploited by criminal gangs to smuggle animals or their products from the killing field to the marketplace and […]
IATA WCS: German government urged to improve air transport competitiveness
The International Air Transport Association (IATA) has urged the German government to focus on improving the competitiveness of the German air transport sector in the development of its national aviation policy. Speaking at IATA’s World Cargo Symposium today in Berlin, the association’s direct general and chief executive officer, Tony Tyler says: “Aviation supports the German […]
IATA WCS: calls for continued transformation in air cargo industry
The International Air Transport Association (IATA) has called for continued transformation in the air cargo industry with a focus on raising the quality of its offering at the opening of the 10th annual World Cargo Symposium (WCS) in Berlin. The association says global air cargo sector continues to face a difficult business environment. The anemic […]
IATA: Volumes up but load factors keep falling
Freight tonne kilometres (FTK) in January rose by 2.7 per cent but load factors continue to fall suggesting yields will come under further pressure, according to the International Air Transport Association (IATA). The association says the January result continues the growth seen towards the end of 2015 and is the fastest it has been since […]
IATA: Accident rate increases in 2015 but improving long term
The global jet accident rate per one million flights increased to 0.32 in 2015 from 0.27 in 2014 but is improving in the long term, according to the International Air Transport Association (IATA) 2015 safety performance. The jet hull loss rate for IATA members was 0.22 or one accident per 4.5 million flights, compared to […]
IATA: Airfreight growth slowed to 2.2% in 2015
The International Air Transport Association (IATA) has released figures for global airfreight markets showing cargo volumes measured in freight tonne kilometers (FTKs) expanded 2.2 per cent in 2015 compared to 2014. The association says this was a slower pace of growth than the five per cent growth recorded in 2014 and the weakness reflects sluggish trade growth in […]
IATA: November weak but decline bottoming out
Airfreight volumes fell by 1.2 per cent year-on-year in November but are above the low point of August 2015, suggesting the declining demand may be bottoming out, according to the International Air Transport Association (IATA). The association says that the Middle East was the only region to see an increase in November, up 5.4 per […]
IATA: Airline profits to rise in 2016 despite cargo weakness
Airlines are expected to make profits of $36.3 billion in 2016, with passenger demand expected to make up for weak cargo growth, the International Air Transport Association (IATA) announced at its Global Media Day in Geneva (Switzerland). The association says of the global total, North America will be responsible for $19.2 billion of net profit, […]
Air cargo volumes continue to flatline, IATA reports
Airfreight volumes continue to flatline, according to the International Air Transport Association (IATA). The association released data for global airfreight markets, which show volumes measured by freight tonne kilometers (FTK) rose just 0.5 per cent in October compared to a year ago. Year-over-year (YOY) expansion fell back from September’s faster growth rate, and total cargo […]