Tag: International Air Transport Association
ITF & IATA urge governments across the world to protect aviation industry
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
Airline travel slump needs immediate govt redressal
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
India ranks third in domestic air passenger traffic growth: IATA
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
IATA join hands with Civil Aviation ministry
World airline trade association IATA (International Air Transport Association) joins hands with Ministry of Civil Aviation and Rajiv Gandhi National Aviation University(RGNAU), to strengthen human resource possibility over India’s aviation industry. On Tuesday, a Memorandum of Understanding has been signed between IATA, Civil Aviation Ministry and RGNAU. “Formalised this partnership in the presence of Minister of State for Civil Aviation Jayant Sinha on the sidelines of Wings India 2018 in Hyderabad”, said IATA in a statement. “India is expected to be the third largest aviation market in the world behind China and the US by 2024, and is forecast to ... Read more