The International Air Transport Association (IATA) has opened a new office in Abu Dhabi and a state-of-the-art training centre, underscoring its commitment to the Middle East’s burgeoning aviation sector. The facility was officially inaugurated by His Excellency Saif Mohammed Al Suwaidi, Director General of the UAE General Civil Aviation Authority, alongside the first cohort of […]
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The International Air Transport Association (IATA) has released data for global passenger demand in May 2024, highlighting significant growth. Total demand, measured in revenue passenger kilometres (RPKs), increased by 10.7% compared to May 2023, while total capacity, measured in available seat kilometres (ASK), rose by 8.5% year-on-year. The load factor reached a record high for
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The International Air Transport Association (IATA) has reported that Pieter Elbers, CEO of IndiGo, has commenced his role as Chair of the IATA Board of Governors (BoG). His one-year tenure began at the end of the 80th IATA Annual General Meeting in Dubai, United Arab Emirates, on June 3, 2024. Elbers, the 82nd Chair of
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The latest data released by the International Air Transport Association (IATA) unveils key insights into global passenger demand for February 2024: Total Demand: Revenue passenger kilometres (RPKs) surged by 21.5% compared to February 2023, while available seat kilometres (ASK) increased by 18.7% year-on-year. The load factor for February reached 80.6%, marking a 1.9 percentage points
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The International Air Transport Association (IATA) has unveiled its 2023 annual safety report, revealing significant advancements in global aviation safety. Notably, the year marked “best-ever” results for various parameters. In 2023, there were no hull losses or fatal accidents involving passenger jet aircraft. However, a single fatal accident occurred with a turboprop aircraft, resulting in
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The International Air Transport Association (IATA) has released data for November 2023 global air cargo markets indicating the strongest year-on-year growth in roughly two years. This is partly due to weakness in November 2022, but also reflects a fourth consecutive month of strengthening demand for air cargo. Global demand for air cargo, measured in cargo
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The International Air Transport Association (IATA) and the oneworld Alliance will work together in the field of CO2 emission calculations with all 13 oneworld® member airlines committing to contributing operational data to IATA’s CO2 Connect emissions calculator. This will further improve the quality and accuracy of the tool, as the percentage of airline-specific fuel burn data used
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IATA’s outlook for the airline industry reveals an optimistic trajectory for 2023 and 2024. Projected net profits are US$23.3 billion in 2023 (2.6% margin) and US$25.7 billion in 2024 (2.7% margin), with operating profits expected to surge from US$40.7 billion in 2023 to US$49.3 billion in 2024. In 2024, total revenues are set to reach
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The International Air Transport Association (IATA) has released data for August 2023 global air cargo markets, showing that year-on-year air cargo demand grew for the first time in 19 months. Global demand, measured in cargo tonne-kilometres (CTKs), increased by 1.5% compared to August 2022 levels (2% for international operations). Capacity, measured in available cargo tonne-kilometres
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The International Air Transport Association (IATA) has released its May 2023 traffic data, indicating a continued robust growth in air travel demand. Total global traffic for May 2023, measured in revenue passenger kilometres (RPKs), experienced a significant rise of 39.1% compared to May 2022. Moreover, global traffic has now reached 96.1% of the levels seen
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