Key points from January report: The initial financial results for Q4 2016 indicate a continued solid performance for the air transport industry, albeit with ongoing signs that momentum in the profitability cycle has weakened. Global airline share prices began the year on a positive note, rising 1.5% in January and a healthy 6.8% over the past year. However, the industry has lagged the overall performance of global equities on both measures. Brent crude oil … [Read more...] about IATA airlines financial monitor – January 2017
IATA
IATA cargo chartbook – Q4 2016
IATA has released the latest quarterly cargo market analysis. Key points: Industry wide FTKs grew 3.8 percent in 2016, the second highest growth rate since the 2010 rebound after the GFC Global economic growth is expected to accelerate moderately in 2017, however world trade remains fragile But expansion in export orders and strong consumer confidence may boost air cargo demand Air cargo profitability outlook under strain due to flooding-in of capacity and … [Read more...] about IATA cargo chartbook – Q4 2016
IATA: November air freight demand reflects strong peak season
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), rose 6.8% in November 2016 compared to the year-earlier period. This was a slight slowdown from the 8.4% annual growth recorded in October 2016 - which was a 20-month high - but was still more than 2.5 times the average annual monthly growth rate of 2.6% over the past decade. Growth in freight capacity, measured in … [Read more...] about IATA: November air freight demand reflects strong peak season
IATA: Strong passenger demand growth returns in November
The International Air Transport Association (IATA) announced global passenger traffic results for November 2016 showing the strongest demand growth in nine months. Total revenue passenger kilometers (RPKs) rose 7.6% compared to November 2015. Capacity (available seat kilometers or ASKs) increased by 6.5%, and load factor rose 0.8 percentage points to 78.9%. “Stronger demand for air travel reflects—and is supporting--a pick-up in the global economic cycle. As the stimulus effect of … [Read more...] about IATA: Strong passenger demand growth returns in November
India’s Competition body orders fresh IATA probe
India’s Competition Appellate Tribunal has set aside the findings of the fair trade regulator CCI, which had found that the International Air Transport Association (IATA) and its Indian affiliate had not violated competition norms and directed a fresh probe into the issues. The fresh investigation into IATA’s implementation of the Cargo Accounts Settlement System (CASS) is a long running issue in India and has been vigorously opposed by the Air Cargo Agents Association of India … [Read more...] about India’s Competition body orders fresh IATA probe
Vladimir Zubkov to be TIACA’s new secretary general
The International Air Cargo Association (TIACA) has announced its new secretary general, will be Vladimir Zubkov, replacing Doug Brittin, who retires at the end of the year. Zubkov has more than 40 years’ experience in the air transport industry, including senior roles with the International Civil Aviation Organisation (ICAO), and, most recently, as vice president of the Volga-Dnepr Group of Companies. He has been a member of the TIACA Board since 2011 and is the chairman of the Industry … [Read more...] about Vladimir Zubkov to be TIACA’s new secretary general
