The International Air Transport Association (IATA) announced leadership changes at the conclusion of the Association’s 72nd Annual General Meeting (AGM) in Dublin, Ireland. Willie Walsh, CEO of International Airlines Group (IAG) succeeds Andres Conesa, CEO of Aeromexico, as chairman of the IATA Board of Governors (BoG). Walsh, who represents British Airways (BA) on the IATA BoG, takes up his duties immediately for a one-year term until the conclusion of IATA’s 73rd AGM. Alexandre de Juniac, … [Read more...] about IATA announces leadership changes at 72nd AGM
IATA
Industry profitability improves but cargo still in “doldrums”: IATA
The International Air Transport Association (IATA) revised its 2016 financial outlook for global air transport industry profits upwards to US$39.4 billion (from $36.3 billion forecast in December 2015). That is expected to be generated on revenues of $709 billion for an aggregate net profit margin of 5.6 per cent. 2016 is expected to be the fifth consecutive year of improving aggregate industry profits. The cargo side of the business, however, remains in the doldrums with 2.1 per cent growth … [Read more...] about Industry profitability improves but cargo still in “doldrums”: IATA
IATA pessimistic on cargo growth this year
The International Air Transport Association (IATA) has released a pessimistic view on air cargo growth saying, “it is shaping up to be another tough year for air cargo” pointing to the latest 2.0 per cent drop in volumes against a 6.9 per cent rise in capacity. Asia-Pacific carrier, in particular, saw a 5.2 per cent decline in demand in March compared with a year ago. The latest IATA data for global air freight markets for March 2016 showing a 2.0 per cent drop in volumes measured in freight … [Read more...] about IATA pessimistic on cargo growth this year
IJS Global GEFCO awarded GDP cert in Netherlands
IJS Global GEFCO Netherlands (NL) has been awarded a Good Distribution Practice (GDP) certificate by the Dutch Ministry of Health, with immediate effect. The internationally-recognised GDP certification plays a key role in assuring the quality and integrity of the transport and distribution of Medicinal Products for Human Use and focuses on the use of specialised equipment, well-established pharmaceutical working procedures, and continuously improving pharma handling expertise. “This is a … [Read more...] about IJS Global GEFCO awarded GDP cert in Netherlands
ATC union delivers “kick in the teeth” to Brussels Airport
Belgian air traffic controllers significantly disrupted flights at Brussels airport yesterday when they implemented a wildcat strike action at the height of the evening ‘rush hour’ Tuesday night. The action followed their union’s rejection of a compromise aimed at solving a conflict over a pension reform. The strike action comes at a time when traffic was already reduced at the airport in the wake of the March 22 attacks. The Belgocontrol management said members of the guild of air traffic … [Read more...] about ATC union delivers “kick in the teeth” to Brussels Airport
ATC union delivers "kick in the teeth" to Brussels Airport
Belgian air traffic controllers significantly disrupted flights at Brussels airport yesterday when they implemented a wildcat strike action at the height of the evening ‘rush hour’ Tuesday night. The action followed their union’s rejection of a compromise aimed at solving a conflict over a pension reform. The strike action comes at a time when traffic was already reduced at the airport in the wake of the March 22 attacks. The Belgocontrol management said members of the guild of air traffic … [Read more...] about ATC union delivers "kick in the teeth" to Brussels Airport
