Tag Archives: IATA

India to become third largest air passenger market by 2024: IATA

India is set to become the third largest air passenger market, surpassing the UK around 2024, according to a recent study by IATA’s ‘20-Year Air Passenger Forecast’. The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037. Over the next two decades, the forecast anticipates a 3.5% compound annual growth rate (CAGR), leading to a doubling in passenger numbers from today’s levels. The Asia-Pacific region will drive the biggest growth with more than half the total number of new passengers over the next 20 years coming from these markets. Growth in this market is being driven by a combination of continued robust economic growth, improvements in household incomes and favorable population and demographic profiles. “Aviation is growing, and that is generating huge benefits for the world. A doubling of air passengers in the next 20 years could support 100 million jobs globally. There are two important things that stand out about this year’s forecast. Firstly, we are seeing a geographical reshuffling of world air traffic to the East. And secondly, we foresee a significant negative impact on the growth and benefits of aviation if tough and restrictive protectionist measures are implemented,” said Alexandre de Juniac, Director General and CEO, IATA.

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Travelport becomes first GDS operator to offer NDC content

Travelport has become the first GDS operator to manage the live booking of flights using the International Air Transport Association’s (IATA) New Distribution Capability (NDC) technical standard. The first transaction was made by a British agency, Meon Valley Travel, on October 19 for a short-haul low-cost flight from London to Milan issued by a major European carrier. The new capability allows bookings to be made for any services on the airline without incurring a surcharge. Travelport’s new NDC capability is enabled using similar XML connections to those Travelport already deploys with APIs for over 20 low-cost carriers. The company published a roadmap for its initial range of NDC products in February, having been the first GDS operator in December 2017 to acquire Level 3 certification from IATA as an aggregator. It will also be followed by a series of product enhancements, including a version for online agents in 2019. Gordon Wilson, President and CEO, Travelport, said: “We are delighted to have taken a lead in bringing the NDC era to life. It has required an extraordinary amount of skill and expertise to make this happen and I want to thank my own colleagues at Travelport as well as our partners. We are still at the earliest stages of NDC deployment. Its evolution will continue to take time as we learn from the practical experience of its first use. Meanwhile, we continue to offer a comprehensive global travel commerce platform capable of handling mass volumes of searchable and bookable content at speed for the world’s travel providers and agents.”

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India to gain an additional 359 million passengers by 2037

India is forecast to gain an additional 359 million passengers by 2037, compared to 2017,  according to a report by IATA, titled ‘The Future is Bright…But Not Without Its Challenges’. This means that, by 2037, there will be almost 520 million passengers flying to/from and within India each year. Domestic passengers will account for around 63 per cent of the total growth over this period, or 228 million additional passengers. Foreign passengers will contribute less to overall growth, representing 37 per cent of the total market growth, equal to 131 million additional passengers.

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India witnesses 10.3% rise in international passenger growth in 2017

In 2017, around 60 million international passengers flew to/from India, up from 55 million in 2016, according to a report by IATA, titled ‘The Future is Bright… But Not Without Its Challenges’.  The 2017 outcomes represents an increase of 10.3 per cent on 2016 and is the third consecutive year of double-digit international passenger growth. While the international market has not grown as fast as its domestic counterpart, the sustained period of robust growth, over a number of years, is still readily evident.

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15 per cent increase in travellers to, from and within India: IATA

In 2017, more than 158 million passengers flew on routes to, from and within India, according to a report by IATA, titled ‘The Future is Bright… But Not Without Its Challenges’. This represents an increase of almost 15 per cent over 2016 and is the third consecutive year of growth in the order of 15-20 per cent per year. The reports for 2018 year-to-date suggest that India is on track to record a fourth straight year of double-digit passenger growth. The strong performance of air passenger demand growth in India has not been confined to just the past few years, however; the total number of air passengers has more than doubled over the past seven years, from a level of 79 million journeys undertaken in 2010, the report said.

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IATA appoints Bird Academy as regional training partner

With an aim to develop skilled human capital for the aviation industry, The International Air Transport Association (IATA) has appointed Bird Academy as their regional training partner in India. The partnership was made official during a signing ceremony between Alexandre de Juniac, Director General and CEO, IATA and Radha Bhatia, Chairperson, Bird Group. Speaking on the partnership, Conrad Clifford, Regional Vice President- Asia Pacific, IATA said, “India is expected to treble to 520 million passengers travelling to, from or within by 2037. The demand for trained aviation professionals will continue to grow. We look forward to a successful partnership with the Bird Academy to fulfill India’s training requirements.”On the occasion, Bhatia also announced that India will be hosting the next IATA Global Training Partner Conference in April 2019.

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Growth forecasts see Indian aviation receive 300% increase in passenger traffic by 2037

The International Air Transport Association (IATA), at International Aviation Summit held in Delhi, called on the government of India to maximise the potential contribution of aviation to India’s development by addressing infrastructure constraints that limit growth and government policies that impose excessive costs on aviation. Growth forecasts for India indicate a trebling of passenger demand by 2037 when some 500 million people are expected to fly to, from or within India. Already aviation supports 7.5 million Indian jobs and Rs 30 billion of GDP (1.5% of the economy). The Summit, being co-hosted by the Indian Ministry of Civil Aviation (MoCA), Airports Authority India (AAI) and IATA, commemorates the approaching milestone of 50-straight months of double digit domestic growth for Indian aviation. “While it is easy to find Indian passengers who want to fly, it’s very difficult for airlines to make money in this market. India’s social and economic development needs airlines to be able to profitably accommodate growing demand. We must address infrastructure constraints that limit growth and government policies that deviate from global standards and drive up the cost of connectivity,” said Alexandre de Juniac, Director General and CEO, IATA. India’s aviation infrastructure has benefitted from significant upgrades in recent years. “It is clear that India has the capacity to develop effective infrastructure. But the job is not done. Passenger numbers will grow. And infrastructure must not be a bottleneck in fulfilling the needs of travelers and the economy,” said de Juniac who called for work in four priority areas – develop a comprehensive and strategic master plan for India’s airports, remove all obstacles to successfully opening Navi Mumbai as quickly as possible, modernise airport processes using technology in …

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Vistara becomes a member of IATA

Vistara has become the third Indian carrier to be a member of the International Air Transport Association (IATA), the trade association of more than 280 airlines, which will help it provide a seamless travel experience through an extended global network to travellers to and from India. Vistara, the full-service carrier promoted by Tata Sons Limited and Singapore Airlines Limited (SIA), recently became eligible to start international operations. Air India and Jet Airways are the two other airlines in India that are IATA members. The IATA membership will enable Vistara to collaborate with other international member airlines for codeshare and interline agreements, and provide a seamless travel experience through an extended global network to travellers to and from India, the airline said in a statement. IATA represents airlines from over 120 countries. It advocates for the interests of airlines across the globe, establishes standards to simplify process and increase passenger convenience, and helps airlines to operate safely, efficiently and economically. “This membership couldnt have come at a better time as we gear up to launch our international operations soon. Vistara has set new benchmarks for air travel in India, and with IATA?s membership we are confident to showcase Vistara’s strengths on a global scale,” Leslie Thng, Vistara chief executive officer said. Conrad Clifford, Regional Vice President, Asia Pacific, IATA, said they were looking forward to working with Vistara in shaping IATA’s priorities for India and the global aviation industry.   Source: PTI

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SriLankan Airlines reduces agents’ commission from 5% to 2%

In line with major airlines reducing agents’ commission on airline ticket bookings, SriLankan Airlines too has followed suit. According to a statement released by the airline, from April 1, 2018, SriLankan Airlines will reduce its commission to 2 per cent from the earlier 5 per cent applicable to any/all tickets issued in India and move given to IATA agents. All tickets issued prior to April 1, 2018 will be eligible to avail 5 per cent commission. When asked about the details on the same, Chinthaka Weerasinghe, Manager—Northern India, SriLankan Airlines said, “We are awaiting further clarification from the Head Office. The trade partners will be kept abreast about any further development in this announcement.”  

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