The International Air Transport Association (IATA) and Mexico’s Ministry of Communications and Transportation signed an MOU in which IATA will provide technical and operational assistance for the design and construction of Mexico City’s new airport. The agreement also encompasses IATA offering technical and professional advice for the current Mexico City airport to ensure it continues to operate efficiently until the new facility is completed around 2020. Tony Tyler, IATA’s … [Read more...] about IATA to help build new Mexico City airport
World Air Transport Summit
MALAYSIA: IATA revises airline losses upwards to US$9 billion
The International Air Transport Association (IATA) has predicted that the world’s scheduled airlines could lose as much as US$9 billion in 2009 – nearly twice the level of losses it forecast just three months ago – and has revised its 2008 loss estimate upwards to $10.4 billion from the previous estimate of $8.5 billion. In his ‘State of the Industry’ address to 500 of the industry’s top leaders gathered in Kuala Lumpur for the 65th … [Read more...] about MALAYSIA: IATA revises airline losses upwards to US$9 billion
