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.
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
The aviation industry’s experience with privatised airports has been “disappointing”, said IATA director-general and CEO Alexandre De Juniac.
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.
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.
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.
Decongested skies will provide further thrust to Qatar Airways and other “super connectors” in the GCC region, according to IATA director general and CEO Alexandre de Juniac.
The International Air Transport Association (IATA) has launched its ‘Turbulence Aware Data’ resource to help airlines worldwide avoid turbulence when planning routes tactically in flight.
Middle Eastern carriers are expected to report a higher net profit of $800mn in 2019, the International Air Transport Association announced here, as IATA sees “lower oil prices and solid, albeit slower, economic growth” extending the run of profits for the global airline industry.
The global aviation industry will be employing more than 2.9mn people in 2019, a gain of 2.2% compared to 2018. Airlines are expecting to continue hiring over the next 12 months
Aviation growth has shifted to geographical areas outside the EU such as the Asia-Pacific and the Middle East in recent years, and the European Commission has been very proactive in pursuing comprehensive air transport agreements with ASEAN countries, Qatar, Turkey, Azerbaijan, Armenia and Tunisia,
The Middle East’s aviation sector will “grow strongly” at a compound annual growth rate of 4.4% and see an extra 290mn passengers’ by 2037, the International Air Transport Association said on Thursday.