IATA

IATA seeks antitrust immunity to address blocked funds in Venezuela

The International Air Transport Association (IATA) announced this week that it filed a request for antitrust immunity with the U.S. Department of Transportation to allow airlines to discuss options to maintain connectivity to Venezuela in light of the Venezuelan government’s continuing refusal to release US$3.8 billion in airline funds. Air connectivity in Venezuela has been […]

IATA lowers air passenger forecast for long-term demand to 2034

The International Air Transport Association (IATA) has updated its passenger growth forecast, lowering its estimate of passenger numbers to 7 billion by 2034. Previously, IATA forecast 7.4 billion passengers in 2034 based on a 4.1% average annual growth rate. The revised result reflects negative developments in the global economy that are expected to dampen demand […]

IATA: March passenger demand remains robust, buoyed by Lunar New Year

The International Air Transport Association (IATA) reports that global passenger traffic for March 2015 rose 7.4% compared to March 2014. This was an improvement on February, when year-over-year growth was 6.4%. March international passenger traffic rose 7.0% compared to the year-ago period. Capacity climbed 5.4% and load factor increased 1.2 percentage points to 78.9%. All […]

ACI, IATA, CANSO, ICAO convene to discuss risks

Following the downing of Malaysia Airlines Flight MH17, the International Civil Aviation Organization (ICAO), the International Air Transport Association (IATA), Airports Council International (ACI) and the Civil Air Navigation Services Organisation (CANSO), held a high level meeting last week in Montreal to jointly express their strong con- demnation of the use of weapons against civil […]