CAPA Profiles
Snapshot
The International Air Transport Association (IATA) is an international trade body, created over 60 years ago by a group of airlines. Today, IATA represents some 230 airlines in 125 countries, comprising 93% of scheduled international air traffic. Its mission is simply “to represent, lead and serve the airline industry”.
IATA was founded in Havana, Cuba, in April 1945. It now has 74 offices in 68 countries covering 148 nations, with its Head Office in Montreal, the Executive Office in Geneva and Regional Offices in Amman, Beijing, Johannesburg, Miami, Moscow, Singapore and Washington. The IATA Annual General Meeting & World Air Transport Summit, held in June each year, formalises industry positions on industry and public policy issues and provides a focus for emerging industry issues. IATA's Industry Priorities for 2010 are Safety, Environment, Simplifying the Business and Financial Improvement of the sector.
News Headlines
IATA Director General and CEO, Giovanni Bisignani
Aviapartner becomes first handler on ISAGO registry in every country of its network
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CAPA Analysis - Exclusives
Dubai Airports puts itself as model to follow, Singapore and Hong Kong continue to recover
PEER REVIEW: South Korea’s network carriers profitable in 2Q2010; good fortune expected to continue
Chinese cargo growth leading the recovery worldwide but some challenges ahead
Airline shares strengthen; improvement in average fares and profitability: IATA
Airlines see continued strong demand with traffic now above pre-crisis levels: IATA
Peer Review: Combined revenues of USD4.8bn, net profit of USD67m for SIA, MAS and Thai Airways
EgyptAir targeting improved full-year profits; no LCC plans yet, as new entrants increase pressure
Premium traffic growth continues; expected to slow following rebound
FLY Leasing sees positive signs: fewer available aircraft, higher lease rates and aircraft prices
Oil prices exceed USD80/barrel; Airlines express concern about rising fuel prices
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Share Market Performance
Markets positive on Asian airlines; Qantas international yields increase
Kenya Airways to launch Nairobi-Luanda service; Middle East traffic shows premium growth: IATA
Asia Pacific airline CEOs confident of higher profits, but cargo outlook moderating
Air France-KLM seeking 4,000 job cuts, IATA blasts EU Transport Minister for lack of progress
easyJet case continues; Lufthansa to raise fares; British Airways’ union talks fail again
Asia Pacific airline stocks stronger; Asian economy and consumer confident growing
ExpressJet announces "Operation: Green Light"; United Airlines estimates 25.5-26.5% rise in PRASM
SAS reports improved traffic but yields fall; Aegean Airlines down; Turkish Airlines up
IATA boosts Asia Pacific traffic forecast for 2010
European airline and airport shares mauled again
Aircraft delays giving headaches to airlines – Suppliers Share Wrap
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