The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 1.1% in November 2019, compared to the same period in 2018. This marks the thirteenth consecutive month of year-on-year declines in freight volumes. Despite the decline in demand, November’s performance was the best in eight months, with the slowest year-on-year rate of contraction recorded since March 2019. In part, … [Read more...] about Despite the decline in demand, November’s performance was the best in eight months, with the slowest year-on-year rate of contraction recorded since March 2019
IATA
Opportunity for Aviation in Europe’s Green Deal
The International Air Transport Association (IATA) asked the European Union to support aviation’s energy transition to sustainable aviation fuels (SAF) as part of the bloc’s Green Deal, being launched tomorrow. Since SAF were first certified as ready for use in commercial operations in 2009, over 215,000 flights have taken off using some blend of this low carbon fuel. The industry believes that achieving 2% of global jet fuel from non-fossil sources by 2025 could create a tipping point for … [Read more...] about Opportunity for Aviation in Europe’s Green Deal
Australian Government needs to challenge Productivity Commission’s final report
The International Air Transport Association (IATA) is calling on the Australian Government to challenge the recommendations of the Productivity Commission’s (PC) final report that the existing regulatory regime is effective, and changes are not needed. Aviation is an important economic contributor to Australia, supporting over 700,000 Australian jobs, and contributing $69 billion or 5.5% of the country’s GDP. “This faces imminent risk if the aviation sector is not supported by the … [Read more...] about Australian Government needs to challenge Productivity Commission’s final report
IATA launches 25by2025campaign
The International Air Transport Association (IATA) launched the 25by2025campaign—an airline industry initiative to advance gender diversity in the airline industry by 2025. The 25by2025 Campaign is a voluntary commitment by participating IATA member airlines. Key among the commitments of airlines participating in the 25by2025 Campaign are: Increasing the number of women in senior positions (to be defined by the member airlines) by either 25% against currently reported … [Read more...] about IATA launches 25by2025campaign
IATA urges Australian government to strengthen regulations
The International Air Transport Association (IATA) is urging the Australian government to take the necessary and long overdue steps to strengthen the economic regulation of services provided by airports. In its submissions to the Productivity Commission (PC) Inquiry on the Economic Regulation of Airports, IATA has consistently highlighted six areas that need to be addressed: The current Economic Regulatory Regime does not address or exercise remedial action where … [Read more...] about IATA urges Australian government to strengthen regulations
IATA living up to the legacy of the Chicago Convention
The International Air Transport Association (IATA) urged aviation stakeholders to continue to be guided by the spirit of the 1944 Convention on International Civil Aviation, known as the Chicago Convention, in responding to the challenges facing aviation today and in the future. In the United States, aviation supports 6.5 million jobs and contributes $779 billion to GDP including aviation-supported tourism, according to IATA’s just released report on the Value of Air Transport in the … [Read more...] about IATA living up to the legacy of the Chicago Convention
