ARGUS IS-BAO Audits Go Platinum
Aviation Research Group/US (Booth No. 843) has completed more than 25 combination IS-BAO/ARGUS audits since developing a single-audit protocol that combines the International Business Aircraft Council’s International Standard Business Aircraft Operations (IS-BAO) and the ARGUS Platinum Rating.
International Air Transport Association
ARGUS IS-BAO Audits Go Platinum
The world's airline industry posted yet another banner month in March, as demand for international passenger service grew 10.3 percent and cargo demand increased 28.1 percent over the same month a year earlier, according to statistics released today by the International Air Transport Association.
A better-than-expected start to 2010 has prompted the International Air Transport Association (IATA) to significantly improve its forecast for anticipated airline losses this year. On March 11, it halved the forecast loss for its member carriers from the $5.6 billion it predicted in December 2009 to $2.8 billion.
In perhaps another sign of an impending recovery for the world’s air transport industry, international scheduled air traffic for January rose 6.4 percent compared with the same period a year ago, according to figures released today by the International Air Transport Association (IATA.) The relatively robust gain came as airlines increased capacity by a mere 1.2 percent during the month, resulting in a load factor increase of 3.7 points, from 7
Asia desperately needs political consensus and a framework on how to move forward with air traffic management (ATM) as the U.S. and Europe forge ahead with their respective NextGen and Sesar programs. If such a consensus is forthcoming then the Asia-Pacific region could quickly jump ahead by skipping a generation of technology. But if it does not happen, it could become a global air transport bottleneck.
The 2010 Singapore Airshow opens this morning against a backdrop of dire warnings about the state of the airline industry. The air transport sector needs to change fundamentally from top to bottom if it is to pull out of the plunge it took in the wake of the recent financial crisis, according to speakers at yesterday’s Singapore Airshow Aviation Leadership Summit.
This year will likely be an improvement on 2009 for airlines in this part of the world but it won’t mean a quick return to profitability, according to Andrew Herdman, director general of the Association of Asia Pacific Airlines (AAPA). But the substantial losses the group’s members have suffered in the last two years should at least be reduced, he told AIN in an interview ahead of this week’s Singapore Airshow.
The latest traffic figures from the International Air Transport Association (IATA) show mixed results during June 2009 for the world’s airlines, but even the most positive interpretation of them would suggest no more than that the deterioration of market conditions has slowed somewhat.
The International Air Transport Association (IATA) issued an adjusted outlook for the global air transport industry today that forecasts losses of $4.7 billion for the year. The prediction nearly doubles the projection for losses it issued only three months ago, when it forecast a $2.5 billion loss for 2009.