IATA

July 16th, 2020 3:56 AM 0 COMMENTS

India, China to Contribute 45% of Air Passenger Growth in Two Decades: IATA

India and China will together account for nearly 45% of all additional passenger trips in the next two decades, according to IATA Director General and CEO Alexandre de Juniac. India was one of the fastest growing aviation industries in the world for nearly five years. The grounding of Jet Airways has reduced the growth. However, IATA finds it as a temporary scenario, and the market will soon expand. India is... Read More

July 16th, 2020 3:49 AM 0 COMMENTS

IATA Calls for the Safe Return of Boeing 737 MAX Aircraft

The trade association of global airlines the International Air Transport Association (IATA) asked the aviation security regulators to continue to stick to the technical validation requirements and timelines to bring Boeing 737 MAX aircraft back to the service. The call for action came at the second Boeing 737 MAX Summit organized by IATA. The Boeing 737 MAX tragedies weigh heavily on an industry that holds safety as its top priority.... Read More

April 18th, 2020 12:39 PM 0 COMMENTS

2 Million Employees At a Standstill In Indian Airlines Due To Global Pandemic

More than 2 million employees are working in Indian airlines who are at risk of losing their jobs. The lockdown in the country has been extending until May 3, 2020. So the commercial operations for airlines will only be able to restart from May 4, which is a long time. Considering that the airlines have not been operating for more than a month when the lockdown is lifted, there will... Read More

October 10th, 2019 7:19 PM 0 COMMENTS

New IATA Report on Air Passenger Traffic Points Towards Slowdown in India and Australia: Check Highlights Here

The International Air Transport Association (IATA) has today published the global passenger traffic data for the August month and the report shows that the air passenger traffic (measured in total revenue passenger kilometers or RPKs) has gone up by 3.8% as compared to the same period previous year. As opposed to this figure, the increase was only 3.5% in July. August capacity also (available seat kilometers or ASKs) increased by... Read More

August 9th, 2019 12:03 AM 0 COMMENTS

Global Air Freight Demand Stays Low In June 2019: IATA

The global demand for air freight has declined by 4.8% in June 2019 compared to the same period last year, according to the International Air Transport Association (IATA) data for global air freight markets. This is the eighth consecutive month showing a year-on-year decline in freight volume. The trade dispute between the US and China is a reason cited for the scenario. “Global trade continues to suffer as trade tensions—particularly... Read More

July 4th, 2019 6:29 PM 0 COMMENTS

Global Passenger Traffic Reports a Year-on-Year Growth of 4.5%: IATA

The global passenger traffic for May 2019 has shown a year-on-year growth of 4.5%, says the International Air Transport Association (IATA). Although this is a growth from the last two months, it remains lesser than the 20-year average growth rate of 5.5%. The airline capacity climbed by 2.7%, and the passenger load factor increased by 1.4% to 81.5%. Passenger demand growth has slowed compared to the past two years. This... Read More

June 7th, 2019 4:04 PM 0 COMMENTS

Passenger Numbers Could Double to 8.2 Billion in 2037: IATA

According to the International Air Transport Association (IATA), the passengers who choose air travel would become double to 8.2 billion by 2037. The recent update to IATA’s 20-Year Air Passenger Forecast anticipates a 3.5% compound annual growth rate (CAGR) over the next two years. The industry will generate more jobs and GDP growth. However, the report warned that the growth and economic prospects from air travel could be limited if... Read More

June 4th, 2019 1:44 PM 0 COMMENTS

India’s Air Traffic Falls for the First Time in Five Years: IATA

India’s domestic aviation traffic has recorded its first negative growth rate in April since January 2014, according to The International Air Transport Association (IATA). The domestic traffic has fallen 0.5% year-on-year. The demise of Jet Airways is cited as a possible reason for this drop. Over the past five years, annual growth has averaged a pace close to 20%. The main explanation for this dramatic slowing is the exit of... Read More

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Editors Pick

Upcoming Greenfield Airports in India to Cater for the Needs of Growing Air Passenger Traffic

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