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Jet Airways Crisis: Aviation company suspended from clearing house membership by IATA
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
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
Sat, Jan 19, 2019
Aviation industry went through troubled times last year due to increase in fuel prices. An IATA and School of International Futures study looks at how external forces—from geopolitics to technological innovation and environmental concerns could shape aviation’s future.
This country has the most powerful passport in world; check where India ranks
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
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
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
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
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
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
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
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 same month in 2017. Capacity climbed 5.9% and load factor rose 0.1 percentage point to 80.1%.
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
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
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
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
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 world`s largest plane leasing firm, said.
IATA warns airlines headed for crisis on rising infrastructure costs
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 crisis due to inadequate infrastructure was brewing almost everywhere in the world.
IATA revises 2017 industry profitability outlook upwards to over $31 billion
Wed, Jun 07, 2017
The International Air Transport Association (IATA) on Tuesday revised its 2017 industry profitability outlook upwards to $31.4 billion. According to IATA, airlines are expected to report a $31.4 billion profit up from the previous forecast of $29.8 billion.
After United Airlines issue, govt to push for transparency in overbooking flights
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.