International Air Transport Association
Airport security sector set to take off: analysts
Mar 19, 2013 10:48 EDT
The airport security sector is still expected to soar despite US budget cutbacks as air traffic grows and the threat of terrorism persists, analysts say.
Cathay Pacific 2012 net profit slumps 83%
Mar 13, 2013 11:51 EDT
Cathay Pacific said Wednesday that 2012 net profit plunged more than 83 percent, as the Hong Kong flag carrier was buffeted by persistently high fuel prices and the eurozone financial crisis.
Cathay Pacific says 2012 net profit slumps 83.3%
Mar 13, 2013 02:03 EDT
Cathay Pacific said on Wednesday that 2012 net profit plunged 83.3 percent, as the Hong Kong flag carrier was hit by persistently high fuel prices and the eurozone financial crisis.
Swiss top WEF competition list for tourism, leisure
Mar 07, 2013 13:36 EST
Switzerland has the globe's most competitive travel and tourism sector owing to high quality transportation and hotels, skilled workers and rich natural resources, the Swiss-based World Economic Forum said Thursday.
Singapore Airlines targets Asia after Virgin exit
Dec 12, 2012 07:35 EST
Singapore Airlines' sale of its 49-percent stake in Virgin Atlantic will allow the cash-rich Asian carrier to focus resources on its fast-growing regional market, analysts said Wednesday.
EU freezes controversial aviation carbon tax
Nov 12, 2012 16:39 EST
The European Union executive caved in to critics of its contested carbon tax on air travel Monday, offering to "stop the clock" and freeze the measure for a year on flights to and from non-European nations.
Global airline passenger traffic growth slows
Nov 02, 2012 11:45 EDT
Global air passenger traffic growth has slowed considerably, and rose by just 4.1 percent year-on-year in September, the International Air Transport Association (IATA) said Friday.
Singapore Airlines freezes hiring of cadet pilots
Oct 22, 2012 01:43 EDT
Singapore Airlines (SIA) said Monday it had temporarily frozen its intake of cadet pilots, as the industry feels the impact of a slowdown in the global economy and high fuel costs.
Airline industry raises profit forecast
Oct 01, 2012 05:31 EDT
Airline profits are set to be healthier than initially forecast for 2012 but the industry is balanced on a "knife-edge", the International Air Transport Association (IATA) announced Monday.
Japan Airlines riding high on Tokyo bourse relisting
Sep 19, 2012 07:20 EDT
Japan Airlines marked a spectacular return from bankruptcy when its shares soared in early trade after relisting in Tokyo Wednesday, three years after it became one of the nation's worst ever failures.
Indian tennis star Bhupathi lashes out after ban
Sep 18, 2012 08:27 EDT
Tennis star Mahesh Bhupathi lashed out Tuesday at India's tennis association and said he was considering legal action after he was slapped with a two-year ban on playing for his country.
India opens domestic airlines to foreign carriers
Sep 14, 2012 13:57 EDT
India on Friday allowed foreign airlines to purchase stakes of up to 49 percent in domestic carriers, a long-pending policy reform that could help cash-strapped local airlines.
Xiamen Airlines in talks to buy 30 Boeing 737 MAXs
Aug 17, 2012 13:43 EDT
Xiamen Airlines is in talks with US planemaker Boeing to purchase 30 737 MAXs, a company official said on Friday -- an order worth up to $3.2 billion at list prices.
Cathay Pacific posts first-half net loss
Aug 08, 2012 06:15 EDT
Cathay Pacific Airways posted a first-half net loss of HK$935 million ($121 million) on Wednesday, citing higher fuel prices, strong competition and economic instability in Europe.
Cathay Pacific posts first-half net loss of HK$935 mn
Aug 08, 2012 03:48 EDT
Cathay Pacific Airways posted a first-half net loss of HK$935 million ($121 million) on Wednesday, citing higher fuel prices, strong competition and economic instability in Europe.
EU should scrap airline emissions tax: IATA
Jul 25, 2012 12:29 EDT
The European Union should scrap a controversial carbon tax on air travel and seek a global solution to the emissions problem, the global aviation industry's chief said on Wednesday.
Global body says Indian aviation sector 'in crisis'
Jul 25, 2012 10:38 EDT
India's highly competitive aviation sector is in "crisis", crippled by high costs, exorbitant airport charges and taxes, the global aviation industry's chief said on Wednesday.
Qantas chief rules out equity raising
Jun 12, 2012 03:23 EDT
Qantas chief executive Alan Joyce has ruled out an equity raising despite the embattled airline's flailing share price, but is preparing a high-level team to ward off any possible hostile takeovers.
Qantas chief rules out equity raising
Jun 11, 2012 23:18 EDT
Qantas chief executive Alan Joyce has ruled out an equity raising despite the embattled airline's flailing share price, saying that major stakeholders were supportive of the carrier.
China says to build 70 new airports by 2015
Jun 11, 2012 03:39 EDT
China will build 70 new airports within the next three years, the head of the country's aviation watchdog said Monday, as part of ambitious expansion plans in the industry despite an economic slowdown.
Facts from the Wikipedia page:
| International Air Transport Association | |
|---|---|
 | |
| Formation | April 1945, Havana, Cuba |
| Headquarters | Montreal, Canada |
| Membership | 225 airlines |
| Key people | Giovanni Bisignani, Director General and CEO |
| Website | www.iata.org |
