Tag: IATA

The International Air Transport Association (IATA) released guidance to ensure that the air cargo industry is ready to support the large-scale handling, transport, and distribution of a COVID-19 vaccine. IATA’s Guidance for Vaccine and Pharmaceutical Logistics and Distribution provides recommendations for governments and the logistics supply chain in preparation for what will be the largest and most complex global logistics operation ever undertaken. Reflecting the complexity of the challenge, the Guidance was produced with the support of a broad range of partners, including the International Civil Aviation Organization (ICAO),  International Federation of Freight Forwarders Associations (FIATA),  International Federation of Pharmaceutical ... Read more

Air passenger numbers in Europe are expected to drop by 60% in 2020 due to the coronavirus crisis, the global aviation industry has said. Although air traffic in Europe has increased in recent months since its low point in April, flights remain “more than 50% below the same period in 2019″—a drop of around 705 million passenger journeys, the International Air Transport Association (IATA) has said. “The near-term outlook for recovery in Europe remains highly uncertain with respect to the second wave of the pandemic and the broader global economic impact it could have,” IATA said in a statement. IATA ... Read more

Europe’s airline and airport associations have written to Prime Ministers, Transport, Health and Home Affairs Ministers across the European Union, Schengen and the UK, stating their concerns over their failure to implement coherent and scientific approaches to travel restrictions. The letter, sent jointly from Airports Council International Europe (ACI Europe), Airlines for Europe (A4E) and the International Air Transport Association (IATA), is highly critical of the introduction of new restrictions relating to selected countries. Many of these restrictions, state the organisations, are inconsistent with the principles laid out by the World Health Organization(WHO) and theEuropean Centre for Disease Prevention and Control (ECDC). The aviation sector has been dealt a ... Read more

The International Air Transport Association (IATA) is urging African governments to unblock bottlenecks so that urgently needed financial relief pledged for air transport and tourism reaches the distressed businesses. As a consequence of the pandemic and associated restrictions, African airlines are forecast to lose $2 billion in 2020. Without urgent financial relief, the industry is at risk of collapse, putting about 3.3 million jobs and $33 billion in African GPD in jeopardy. To date, the governments of Sub-Saharan Africa Rwanda, Senegal, Côte D’Ivoire and Burkina Faso have pledged a total of $311 million in direct financial support to air transport. ... Read more

The International Air Transport Association (IATA) has urged the International Energy Agency (IEA) to prioritise investments in sustainable aviation fuel (SAF) to help power aviation’s contribution to the post-COVID-19 recovery. The call comes on the eve of the IEA Clean Energy Transitions Summit, which will meet virtually to debate moves towards a low-carbon future. In a statement on Thursday, IATA also emphasised the aviation industry’s commitment to its emissions reduction goals. “The world must ‘build back better’ from the COVID-19 crisis with attention focused on investment in carbon reduction technologies and in SAF, which will create jobs at this critical ... Read more

Global air passenger traffic plunged by 94.3% in April this year as compared to the same month a year ago as the coronavirus pandemic virtually shut down air travel across the world, the International Air Transport Association (IATA) has said. “This is a rate of decline never seen in the history of IATA’s traffic series, which dates back to 1990,” said a press release from the organisation that has around 300 airlines as its members. “Passenger demand in April plunged 94.3% compared to April 2019, as the Covid-19-related travel restrictions virtually shut down domestic and international air travel,” the airlines ... Read more

The global airline industry’s debt could rise by $120 billion to $550 billion by year-end, with the coronavirus pandemic wreaking havoc in the sector. An International Air Transport Association (IATA) analysis showed that $67 billion of the new debt is composed of government loans ($50 billion), deferred taxes ($5 billion) and loan guarantees ($12 billion). Another $52 billion is from commercial sources including commercial loans ($23 billion), capital market debt ($18 billion), debt from new operating leases ($5 billion) and accessing existing credit facilities ($6 billion). “Government aid is helping to keep the industry afloat. The next challenge will be ... Read more

The International Air Transport Association (IATA) has slammed the Indian government for announcing a stimulus package that had virtually nothing for the country’s struggling aviation industry. The international airline lobby found it disappointing that the Indian government’s Rs 20 lakh crore relief package for industries, ignored aviation. “Compare that to the $123 billion in government financial aid announced around the world, including $26 billion in the Asia Pacific region,” said Alexandre De Juniac, director general, IATA in a webinar organised by CAPA India. Juniac said that there is likely to be a 47% decline in passengers carried by India’s airlines ... Read more

Any comeback by the beleaguered airline industry will extend into 2023, according to new data released by the International Air Transport Association (IATA). IATA estimates that passenger traffic won’t rebound to pre-crisis levels until at least 2023. It expects that global passenger demand in 2021 will be 24% below 2019 levels and 32% lower than the forecast the association made in October 2019. The new data is based on a slower opening of economies and relaxation of travel restrictions. Lockdowns and shelter-in-place orders could return if the virus comes back strong in the fall and winter with a second wave, ... Read more

The International Transport Workers’ Federation (ITF) and the International Air Transport Association (IATA) have called for support from governments to the aviation industry, to protect jobs and ensure that air services can be maintained. The economic situation facing the aviation industry is severe. Air passenger demand is down 80%. Airlines are facing a liquidity crisis which threatens the viability of 25 million jobs directly and indirectly dependent upon aviation, including jobs in the tourism and hospitality sectors. In a joint statement ITF and IATA called for governments to: Ensure that the protection of health workers caring for those with COVID-19 ... Read more

The International Air Transport Association (IATA) has stepped up calls for government support, warning that the travel meltdown could lead to many of the airlines facing steep losses within the next two months. IATA CEO Alexandre de Juniac said the risk of further bankruptcies will depend on the intensity and the duration of the coronavirus crisis. Talking to news agency Reuters, he said if the drop is as significant as seen now, the industry will see difficulties. Airlines are demanding relief from charges related to aircraft parking and overflight fees, which is essentially a fee for airspace usage. Many carriers ... Read more

From June 1rst onwards, agents and advisors booking flights for clients through the IATA’s Passenger Agency Program must ask travelers if they want their contact information shared with airlines in the case of operational disruptions. Agents and advisors will be required to enter the passenger contact information (phone number and/or e-mail address) when booking flights beginning June 1. Carriers will be able to use the information to advise passengers of irregular flight operations and disruptions. “In the event the passenger exercises his or her right not to provide contact details it is incumbent on the Agent to indicate that the ... Read more

The domestic market of India continues to perform strongly, again registering double digit growth over the year to February, according to International Air Transport Association (IATA). China and Russia topped the growth chart with 11.4 per cent and 10.1 per cent year-on-year growth rates respectively. This marks the 54th consecutive month of double-digit domestic RPK growth for India. A generally solid economic backdrop, combined with continued growth in the number of airport pairs have all contributed to this sustained growth performance. RPK is a measure of passenger volumes. The International Air Transport Association (IATA) said annual growth in industry-wide RPKs eased ... Read more

Bird Academy has won IATA 2018 Regional top performer award at the recently concluded Global Training Partners Conference in Istanbul. “We are thrilled & thankful to have received this prestigious award from IATA. It is an acknowledgement of the dedication and hard work that has been put in by everyone at Bird Academy since its inception. With our growing portfolio of training programs and our partnership with IATA, we aim to bridge the employability gap within the aviation and aerospace sector,” said Radha Bhatia, Chairperson, Bird Group. The IATA Regional top performer award recognizes training centers for their contribution to ... Read more

On a mission to curb the increasing emissions and global warming, the Scandinavian nation Norway aims to come up with electric engines in Aviation. “Many people say that we must get rid of air transport because we will never be able to deal with emissions and noise, but this is an outdated approach,” said Ketil Solvik-Olsen, Norwegian Transport Minister. Norway, the expertise in electric vehicles aims to follow zero emission by 2025. Additionally, the government within 20 years, plans to electrify all the short-haul flights using electric propellers. “In my mind, there is no doubt by 2040 Norway will be ... Read more