Wednesday, November 13

Tag: IATA

IATA: Passenger demand stays strong in January
11Mar By Editorial TeamNo Comments
Business

IATA: Passenger demand stays strong in January

Geneva - The International Air Transport Association (IATA) announced that the recovery in air travel demand is continuing in 2023, based on January traffic results. Total traffic in January 2023 (measured in revenue passenger kilometers or RPKs) rose 67.0% compared to January 2022. Globally, traffic is now at 84.2% of January 2019 levels. Domestic traffic for January 2023 rose 32.7% compared to the year-ago period, helped by the lifting of the zero-COVID policy in China. Total January 2023 domestic traffic was at 97.4% of the January 2019 level. International traffic climbed 104.0% versus January 2022 with all markets recording strong growth, led by carriers in the Asia-Pacific region. International RPKs reached 77.0% of January 2019 levels. “Air travel demand is off to a very...
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IATA: Priorities for Asia-Pacific Post COVID
26Nov By Editorial TeamNo Comments
Business, Travel & Food

IATA: Priorities for Asia-Pacific Post COVID

Bangkok – The International Air Transport Association (IATA) urged the Asia-Pacific region to prepare for the anticipated surge in traffic and provide policy support for the industry’s decarbonization efforts, as the region moves forward from COVID-19. “The last three years have been extremely challenging for the airline industry. Asian airlines, in particular, were hit hard, accounting for about a third of the industry’s losses between 2020 and this year. With the region finally emerging from COVID-19, governments have a key role to play in accelerating the recovery, and supporting the industry’s sustainable growth,” said Conrad Clifford, IATA’s Senior Vice President and Deputy Director General. Clifford was speaking at the Association of Asia Pacific Airlines’ (AAPA) Assembly of Pr...
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Wings of Change Europe to Focus on Rebuilding a Competitive European Air Transport System
2Oct By Editorial TeamNo Comments
Business, Travel & Food

Wings of Change Europe to Focus on Rebuilding a Competitive European Air Transport System

Geneva - The International Air Transport Association (IATA) announced that the Wings of Change Europe conference will focus on rebuilding a competitive European air transport system as the industry looks to its post-pandemic future. Europe is recovering strongly but challenges remain. The industry’s resilience is being tested by the $50 billion in losses the region’s airlines experienced during COVID-19 (2020-2022) and a return to pre-pandemic demand that is not expected to occur until 2024. Meanwhile, the operating environment is made more challenging with growing costs, a proliferation of regulatory initiatives and the drive towards net zero emissions. “Europe needs strong air connectivity now more than ever. But the competitiveness and resilience of European aviation are under str...
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