IATA Director General Willie Walsh hopes that the chaos ensuing from the planned capacity reduction at Amsterdam Schiphol airport is a warning signal to other governments. They need to follow international guidelines, specifically, ICAO’s Balanced Approach, to justify capacity reductions.…
The global airline industry is expected to generate $23.3 billion in net profits this year, the International Air Transport Association (IATA) said in its latest forecast during Global Media Day in Geneva. This is more than double that of the…
During its Annual General Meeting in Istanbul, the International Air Transport Association (IATA) unveiled a series of roadmaps that should provide that step-by-step detail of all critical actions and dependencies that are required if aviation wants to achieve net zero…
IATA Director-General Willie Walsh is optimistic that the ICAO Assembly in Montreal will agree on a long-term aspirational goal on how to decarbonize aviation. But he admits that talking about an aspirational goal sounds inconclusive and not very strong, Walsh…
International long-haul air travel might take another three to four years before it returns to 2019 levels, IATA said in its latest briefing in Covid-19 on May 13. This is one and a half to two years later than domestic…
International air traffic slowed down in 2019, with Revenue per Kilometers up ‘only’ 4.2 percent compared to +7.3 percent in 2018, IATA announced on February 6. Not since the 2009 financial crisis traffic growth has been below 5.5 percent, making…