Overall airline financial performance continues to improve strongly according to initial Q2 financial data from the International Air Transport Association (IATA). A sample of 25 airlines shows that the industry financial performance improved significantly on the year ago period at the operating and net profit level. The increase was driven by North American airlines, where consolidation and lower fuel costs have resulted in a significant boost to profitability. Airlines in Asia Pacific and … [Read more...] about Airline financials up, cargo volumes slip
Leaderboard
International Air Transport Association
IATA calls for new Indian aviation policy
The International Air Transport Association (IATA) has called for the development of a comprehensive policy for aviation aligned with the Indian Government’s stated intention to make it easier to do business in India. The objective is to allow India to derive maximum social and economic benefits as its aviation market grows to become the third largest in the world. That is expected to happen in 2029 when the number of travelers to, from and within India will near 280 million … [Read more...] about IATA calls for new Indian aviation policy
Cargo load factors down in May y-o-y
Cargo load factors fell further in May compared to April to an overall 44.3 per cent from 45.1 per cent a year earlier, with Asia Pacific registering the highest load factors at 53.3 per cent, followed by Europe (44.6 per cent), Middle East (43.2 per cent), Latin America (36.7 per cent) and North America (35.3 per cent). Although there was only a small increase in capacity (0.7 per cent) over the month, there was a sizeable fall in volumes, which pushed load factors down further. Air freight … [Read more...] about Cargo load factors down in May y-o-y
Cargo growth has “come off the boil”: IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has “come off the boil”: IATA
Cargo growth has "come off the boil": IATA
The International Air Transport Association (IATA) released data for global air freight markets showing that growth continued to slow in May. Compared to May 2014, growth in freight tonne kilometers (FTK) was 2.1 per cent, the slowest rate this year and outpaced by a capacity expansion of 4.3 per cent. On a year-to-date basis, freight volumes are up four per cent on the previous year, but much of that growth was realised in the latter part of 2014. Carriers in most regions, with the exception … [Read more...] about Cargo growth has "come off the boil": IATA
IATA: Air freight resumes modest growth trend
The International Air Transport Association (IATA) released data for global air freight markets, showing a modest 1.6 per cent rise in volumes in March compared to a year ago, measured in FTK. The industry’s March performance stands in sharp contrast to the exceptionally strong 12.2 per cent rise reported for February. February’s performance, however, was positively skewed by the combined impacts of the timing of the Lunar New Year and the labor dispute at US West Coast … [Read more...] about IATA: Air freight resumes modest growth trend
