More than 1,000 delegates attending the March 11 to 13 IATA World Cargo Symposium in Los Angeles heard a downbeat assessment of prospects for airfreight from FedEx chairman and CEO Fred Smith and IATA chief economist Brian Pearce, both of whom talked of long-term structural challenges.
International Air Transport Association
A rare, once-a-generation diplomatic conference is planned for next month in a bid to update international law on dealing with unruly passengers. Likely to be held in Montreal, Canada, the headquarters city of the International Civil Aviation Organization (ICAO), the diplomatic conference is the culmination of a five-year process to revise the 50-year-old Tokyo Convention, a process triggered by an International Air Transport Association (IATA) proposal in 2009.
Commercial aviation has entered its second century, New Year’s Day having marked the 100th anniversary of the first flight with a fare-paying passenger. To celebrate, the International Air Transport Association (IATA) has established 2014 as a year to reflect on the “contribution of aviation to modern life.” St. Petersburg-Tampa Airboat Line flew the 23-minute first service across Florida’s Tampa Bay, using a Benoist Model XIV airboat with St. Petersburg mayor Abram Pheil in the only passenger seat. To mark the centennial, a Hoffman X-4 Mullet Skiff airboat retraced the route on January 1.
The International Air Transport Association (IATA) is partly shifting responsibility for compliance with its operational safety audits (IOSA) to airlines themselves under the new enhanced version of the program (E-IOSA). According to Giancarlo Buono, IATA’s regional director for safety and flight operations in Europe, the E-IOSA process will require operators to continuously monitor their own compliance with the IOSA standards, but IATA itself will still conduct the current biennial “snapshot” audits.
IATA says air carriers that participate in its operational safety audits (IOSA) had a 62 percent better accident rate than non-IOSA airlines through November 2013. Worldwide, about 65 percent of all commercial flights operate under the IOSA umbrella, including those of 149 airlines that are not IATA members, representing nearly 84 percent of the world’s air traffic. In Africa, which has the highest accident rate by region, only 14 percent of accidents involved IOSA-compliant operators.
Riding the favorable winds of increasing passenger traffic, slightly better fuel prices and revenues from ancillary services such as baggage fees, the world’s airlines should post record absolute profits in 2014, according to the International Air Transport Association (IATA). But some parts of the air transport system, particularly cargo and business-class passengers, remain at pre-recession levels.
October airline traffic statistics published by the International Air Transport Association (IATA) last week showed substantial growth in virtually every region of the world, as global revenue passenger kilometers rose 6.6 percent compared with the same month a year earlier and 5.2 percent over September’s results. Even the cargo market resumed its fragile recovery in October, generating a 4-percent increase in freight ton kilometers.
International Air Transport Association director general and CEO Tony Tyler has said that over the past decade the aggregate safety results for airlines adhering to the association’s Operational Safety Audit standard are superior to those of carriers that do not use the system. His remarks came at last week’s annual African Airlines Association general assembly in Mombasa, Kenya. Tyler also said in 2012 there was not a single hull loss of a Western-built airplane by any of IATA’s 25 African member airlines.
Atlantic FuelEx has been appointed as a member of the steering committee of the Arab Air Carriers Organization (AACO). The Dubai-based company is the first fuel reseller to be appointed to the group, which is focused on improving the reliability and quality of fuel supplies to carriers in the region.
The effects on demand of a recent oil price spike associated with the crisis in Syria and weaker-than-expected growth in several key emerging markets have prompted the International Air Transport Association (IATA) to adjust its airline industry profit outlook for 2013 downward by $1 billion, to $11.7 billion. Still, 2013’s performance should prove considerably better than that of 2012, when the industry turned a net profit of $7.4 billion.
- Page 1