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IATA

Airline industry to record USD 25.7 billion net profit in 2024: IATA

Airline industry to record USD 25.7 billion net profit in 2024: I...

Wed, Dec 06, 2023

IATA has more than 300 airlines as members. The airline industry's operating profit is expected to touch USD 49.3 billion in 2024 from USD 40.7 billion this year. In 2024, the total revenue is estimated to grow 7.6 per cent to USD 964 billion compared to 2023.

Unruly passenger behaviour on rise; 1 incident reported for every 568 flights globally in 2022: IATA

Unruly passenger behaviour on rise; 1 incident reported for every...

Mon, Jun 05, 2023

Although non-compliance incidents initially fell after the mask mandates were removed on most flights, the frequency began to rise again throughout 2022 and ended the year some 37 per cent up on 2021, IATA said.

India a key aviation market, air travel demand to be robust: IATA

India a key aviation market, air travel demand to be robust: IATA

Tue, Oct 11, 2022

Last month's figure is about 46 per cent higher compared to the domestic passenger traffic in September 2021 but around 10 per cent lower compared to pre-COVID levels, that is September 2019, as per the rating agency.

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IndiGo passengers ALERT! Go CONTACTLESS with IATA app at the airport - Check FACILITIES and FULL DETAILS here

IndiGo passengers ALERT! Go CONTACTLESS with IATA app at the airp...

Wed, Sep 01, 2021

IndiGo has signed up for the IATA Travel Pass app which is a mobile app that the passengers can use to store and link their COVID-19 test reports/vaccination certificate with flight bookings.

Jet Airways Crisis: Aviation company suspended from clearing house membership by IATA

Jet Airways Crisis: Aviation company suspended from clearing hous...

Thu, Apr 18, 2019

IATA on Thursday suspended membership of the grounded Jet Airways of its clearing house system, a move that is likely to impact the refund process to passengers.

India's January domestic air passenger traffic up 12%: IATA

India's January domestic air passenger traffic up 12%: IATA

Sat, Mar 09, 2019

The growth of India`s domestic air passenger traffic sequentially slowed in January but managed to rise in double-digits for the 53rd consecutive month, a global airline association said on Friday.

Aviation: How airline industry may change over next 20 years? These factors to decide

Aviation: How airline industry may change over next 20 years? The...

Sat, Jan 19, 2019

Aviation industry went through troubled times last year due to increase in fuel prices.

This country has the most powerful passport in world; check where India ranks

This country has the most powerful passport in world; check wher...

Wed, Jan 09, 2019

European countries also performed favourably, with European Union member states (along with Norway and the US) filling in the places behind the top three nations -- although the UK continues to drop down the rankings, along with the US.

IATA to continue discussions on India joining initiative during voluntary stage

IATA to continue discussions on India joining initiative during v...

Tue, Dec 25, 2018

"We will continue our discussions with the Indian government and hopefully see India join the scheme in its early years on a voluntary basis," Michael Gill, Director of Aviation Environment at IATA, told PTI earlier this month.

Aviation: India's September domestic air traffic up 20%: IATA

Aviation: India's September domestic air traffic up 20%: IAT...

Tue, Nov 13, 2018

India`s domestic air passenger traffic grew in double digits for the 49th consecutive month in September, a global airline association said on Monday.

Govt policies imposing 'excessive costs' on airlines in India: IATA chief

Govt policies imposing 'excessive costs' on airlines in...

Wed, Sep 05, 2018

Government policies are imposing "excessive costs" on airlines in India and infrastructure constraints are limiting growth, IATA chief Alexandre de Juniac said Tuesday even as he projected the country's aviation sector to register 500 million passengers by 2037.

Aviation: IATA hits out at India, says GST on international air tickets wrong

Aviation: IATA hits out at India, says GST on international air t...

Tue, Jul 17, 2018

Global airlines’ body IATA has strongly opposed levying of GST on international air tickets, dubbing the taxation as “wrong” as it contravenes many global agreements to which India is a party. The International Air Transport Association (IATA) represents more than 280 airlines in different parts of the world.

Aviation: The road ahead; watch these videos

Aviation: The road ahead; watch these videos

Sun, Jul 08, 2018

This year the global airline industry will transport 3.78 billion passengers and 52.7 million tons of cargo. Worldwide, aviation supports jobs for 63 million people.

Aviation: In times of trade wars, IATA strikes this big blow; Know all details here

Aviation: In times of trade wars, IATA strikes this big blow; Kno...

Sun, Jul 08, 2018

Notably, the US, under President Donald Trump has sparked a trade with China that threatens to drag in the rest of the world and disrupt global exports. Significantly, IATA has asked for a more sombre and even handed approach.

Aviation passenger demand stays strong in May as India, China log big growth

Aviation passenger demand stays strong in May as India, China log...

Sun, Jul 08, 2018

Geneva - The International Air Transport Association (IATA) says that global passenger traffic results for May (measured in revenue passenger kilometers, or RPKs) increased by 6.1% compared to the

APAC airline industry may deliver USD 8 bn this year: IATA

APAC airline industry may deliver USD 8 bn this year: IATA

Fri, Jun 29, 2018

The Asia-Pacific industry, including India, is expected to deliver a robust profit of over USD 8 billion this year, the International Air Transport Association has forecast.

Airlines adjusting hedges, fares, capacity and fleet as oil price jumps

Airlines adjusting hedges, fares, capacity and fleet as oil price...

Mon, Jun 04, 2018

Brent crude is trading at around $76 a barrel, up nearly 50 percent from a year ago. "At this point with rising fuel, you control costs, raise prices and you may have some fall off in demand and reduce capacity," Air New Zealand chief executive Christopher Luxon told Reuters on Monday. "I think we are seeing pricing move up internationally and certainly yields come up as well," he added.

Global airport capacity crisis amid growing demand for international travel: IATA

Global airport capacity crisis amid growing demand for internatio...

Mon, Jun 04, 2018

The body, which represents 280 airlines, will consider a resolution on the privatisation of airport infrastructure on Tuesday that calls on governments to factor in long-term economic and social benefits when commissioning new terminals.

State of aviation in India: All you want to know

State of aviation in India: All you want to know

Fri, May 04, 2018

India maintained double-digit growth in domestic air traffic for the 43rd straight month in March, growing by 27.9 per cent against an average global domestic demand of 7.8 per cent in the previous month, propelled by route network expansion by local airlines.

Booming aircraft leasing sector set for shakeout: AerCap CEO

Booming aircraft leasing sector set for shakeout: AerCap CEO

Tue, Feb 06, 2018

The aircraft leasing industry could see a shakeout after years of fast growth as rising interest rates and intense competition put pressure on some of the newer entrants, the head of AerCap, the wo

IATA warns airlines headed for crisis on rising infrastructure costs

IATA warns airlines headed for crisis on rising infrastructure co...

Mon, Feb 05, 2018

The growing cost of airport infrastructure poses risks to the global airline industry`s profitability and growth, the head of the International Air Transport Association (IATA) said, adding a crisi

IATA revises 2017 industry profitability outlook upwards to over $31 billion

IATA revises 2017 industry profitability outlook upwards to over...

Wed, Jun 07, 2017

The International Air Transport Association (IATA) on Tuesday revised its 2017 industry profitability outlook upwards to $31.4 billion.

After United Airlines issue, govt to push for transparency in overbooking flights

After United Airlines issue, govt to push for transparency in ove...

Sun, Apr 23, 2017

The civil aviation ministry is looking at ways to bring in transparency in the practice of overbooking by airlines, according to a senior official.

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