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.
Hamad International Airport (HIA) in cooperation with International Air Transport Association (IATA) has implemented the IATA Simplified Invoicing and Settlement (SIS) platform, an electronic invoicing system.
The global airline industry has $1.2 billion blocked in nine dollar-strapped African countries, the International Air Transport Association (IATA) said on Monday.
The profitability of airlines in the United Arab Emirates is expected to fall this year, the director-general of the International Air Transport Association told reporters on Tuesday.
The world’s largest gathering of airline leaders in Dublin from Wednesday will discuss measures to ensure the economic and social benefits of safe, secure, efficient and sustainable global air transport.