Gulf Times - IATA
Mideast airlines’ freight volumes drop 5.5% y-o-y in July: IATA

Mideast airlines’ freight volumes drop 5.5% y-o-y in July: IATA

Middle Eastern airlines’ freight volumes decreased 5.5% in July compared to the year-ago period as air cargo continues to suffer from weak global trade and the intensifying trade dispute between the US and China.

Jet fuel price climbs 8% to $80/b in June: IATA

Jet fuel price climbs 8% to $80/b in June: IATA

Jet fuel price climbed to $80/b in June, 8% higher compared to the prior month, IATA said, citing concerns related to tighter oil supply conditions arising from elevated geopolitical risks as the reason.

IATA aims to generate $40bn in finance by 2035 for carbon reduction initiatives

IATA aims to generate $40bn in finance by 2035 for carbon reduction initiatives

IATA has set a target to cap carbon dioxide emissions from international aviation at 2020 levels, mitigate over 2.5bn tonnes of CO2 and generate at least $40bn in finance by 2035 for carbon reduction initiatives.

Mideast airlines to prolong losses; combined net losses projected at $1.1bn in 2019: IATA

Mideast airlines to prolong losses; combined net losses projected at $1.1bn in 2019: IATA

The performance of the Middle Eastern airlines is improving but they are expected to “prolong losses” in 2019 due to the “worsening” in the business environment, IATA said in an outlook released here on Sunday.

Boeing 737 MAX may not return to service until August: IATA head

Boeing 737 MAX may not return to service until August: IATA head

Boeing Co's 737 MAX is unlikely to return to service before August, the head of the International Air Transport Association (IATA) said on Wednesday, adding that the final say on the timing rested with regulators.

Jet fuel price reaches nearly $85, highest level since November: IATA

Jet fuel price reaches nearly $85, highest level since November: IATA

Jet fuel price has reached nearly $85 per barrel, the highest level since November 2018, mainly due to the US decision to end sanction waivers on Iran oil imports, IATA has said in a report.

Jet fuel prices move higher for second consecutive month, average $80 in February: IATA

Jet fuel prices move higher for second consecutive month, average $80 in February: IATA

Jet fuel prices moved higher for a second consecutive month, averaging around $80 a barrel in February, IATA said and noted the oil price outlook “remains uncertain” on geopolitics.

Qatar Airways partners with IATA to launch 'diversity and inclusion' awards

Qatar Airways partners with IATA to launch 'diversity and inclusion' awards

The first of these annual awards will be presented at IATA’s 75th Annual General Meeting and World Air Transport Summit to be held in Seoul from June 1 to 3

Aviation industry’s experience with privatised airports disappointing: De Juniac

Aviation industry’s experience with privatised airports disappointing: De Juniac

The aviation industry’s experience with privatised airports has been “disappointing”, said IATA director-general and CEO Alexandre De Juniac.

IATA chief calls for strengthening Worldwide Slot Guidelines to build more capacity

IATA chief calls for strengthening Worldwide Slot Guidelines to build more capacity

IATA director-general and CEO Alexandre De Juniac has called for strengthening the Worldwide Slot Guidelines (WSG), which is a “well-established” global system for allocating airport slots at capacity constrained airports.

Europe-Middle East market 'top performer' in premium air fares: IATA

Europe-Middle East market 'top performer' in premium air fares: IATA

The Europe-Middle East market was the “top performer” in terms of premium air fares relative to economy, followed by Europe-Southern Africa, IATA has said in its latest financial monitor.

Mideast airlines’ freight volumes expand 1.7% in November: IATA

Mideast airlines’ freight volumes expand 1.7% in November: IATA

Middle Eastern airlines’ freight volumes expanded 1.7% in November last year compared to the same period a year earlier, the International Air Transport Association (IATA) has said in a report.