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02
Feb
Air Travel Demand on the Rise in 2016

The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year).

Posted in: Aerospace industry,
Tags: air traffic, air travel, IATA,
19
Jan
INFOGRAPHIC – Airports in 2016 numbers

This year air transport is expected to grow to $769 billion, according to forecasts made by IATA. Airline CFOs and heads of cargo reported in October last year that they were still positive about future growth in air travel, and were a bit more positive about cargo.

Posted in: Aerospace industry,
Tags: airports, IATA, ICAO,
IATA
01
Sep
New CEO steps in at IATA

The International Air Transport Association (IATA) announced that Alexandre de Juniac has officially taken on the role of Director General and CEO of the organization.

Posted in: Aerospace industry,
Tags: Air transport indutry, aviation, IATA,
IATA airlines
02
Jun
Airline industry profits on the rise

Lower oil prices helped the International Air Transport Association (IATA) to revise the industry projected profits to $36.3 billion for the year. IATA Director-General and Chief Executive Officer, Tony Tyler, said that “lower oil prices are certainly helping — though tempered by hedging and exchange rates. In fact, we are probably nearing the peak of the positive stimulus from lower oil prices. Load factors are at record levels. New value streams are increasing ancillary revenues.”

Posted in: Aerospace industry,
Tags: airline industry, IATA, profits,

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