Officials at the International Air Transport Association have announced an upward revision of its 2015 industry outlook to a $29.3 billion net profit. On expected revenues of $727 billion, the industry would achieve a four per cent net profit margin. The significant strengthening from the $16.4 billion net profit in 2014 reflects the net impact…
The International Air Transport Industry has advocated for an even deeper partnership with governments based on global standards in the critical areas of safety, infrastructure, security, regulation, and environment as the organisation begins at annual general meeting in Miami. “Aviation is built on partnerships and the relationship with governments is key,” said IATA director general…
Seventeen former and serving cabin crew are planning legal action against British airlines saying they have been poisoned by contaminated cabin air. The cases are funded by the Unite union which represents 20,000 flight staff. Workers believe they have fallen sick after breathing in fumes mixed with engine oil and other toxic chemicals. The Civil…
Ivan Chu, chief executive of Cathay Pacific Airways, has been nominated by the governing board of oneworld to serve as its chairman for the year ahead. He succeeds Willie Walsh, chief executive of IAG, the parent of oneworld members British Airways and Iberia. As oneworld governing board chairman, Ivan Chu will act as “first among…
Former supermodel Kate Moss has been escorted from an easyJet flight arriving at Luton Airport after reportedly becoming disruptive. Flight EZY2232, from Bodrum in southern Turkey, landed on Sunday afternoon.
The International Air Transport Association has announced that US secretary of transportation Anthony Foxx will deliver a keynote address at the 71st IATA Annual General Meeting today. Up to 1,000 delegates are expected to attend the global event hosted in Miami by American Airlines, FedEx, UPS and Airlines for America. “Miami will be the capital…
Flybe aircraft was forced to turn back to Southampton after a bee became stuck in one of the instruments. Flight BE384 from Southampton to Dublin had faced two hour delay after journey was abandoned just after take off on Saturday. Passenger Noel Rooney described the appearance of the insect on one of the aptly-named firm’s…
The International Air Transport Association and Mexico’s ministry of communications and transportation have signed a memorandum of understanding in which IATA will provide technical and operational assistance for the design and construction of Mexico City’s new airport. The agreement also encompasses IATA offering technical and professional advice for the current Mexico City airport to ensure…
The International Air Transport Association announced global passenger traffic results for April showing robust demand growth compared to April 2014. Total revenue passenger kilometers rose 5.9%. April capacity increased by 6.1%, and load factor slipped 0.1 percentage points to 79.4%.
The International Transport Association has said passenger growth in Latin America and the Caribbean could reach 385 million within ten years if the region’s governments address infrastructure bottlenecks, embrace smarter regulation, and observe global standards and best practices. In 2014, passenger numbers in the region were 242 million.
Etihad Airways is signing a collaboration agreement with Accenture to support the implementation of its business transformation program to improve productivity, efficiency and enable growth. As part of the multi-million dollar agreement, Accenture will provide strategy and management consulting services in the areas of human resources, finance, and procurement and supply management to streamline Etihad…
