Tag Archives: IATA

In line with major airlines reducing agents’ commission to 0 per cent on airline ticket bookings, Etihad Airways too has followed suit. According to a statement released by the airline, from February 1, 2018, Etihad Airways will withdraw its commission applicable to any/all tickets issued in India and move to 0 per cent commission given to IATA agents. All tickets issued prior to February 1, 2018 will be eligible to 1 per cent commission.

Passenger demand in airlines rose 7.2 per cent in October compared to the same month last year, according to global passenger traffic results by International Air Transport Association (IATA). The capacity grew 6.2 per cent and load factor climbed 0.8 percentage points to 80.8 per cent, a record for the month. October’s performance was a strong rebound after the hurricane-related disruptions in September. Domestic and international travel growth largely was in balance. “As expected, the recent severe weather in the American region had only a temporary impact on the healthy travel demand we have seen this year, and we remain on course for another year of above-trend growth,” said Alexandre de Juniac, IATA’s Director General and CEO. For Asia-Pacific carriers, the large markets in India, China and Japan mean that domestic travel accounts for 45 per cent of the region’s operations. Asia-Pacific airlines led all regions with traffic growth of 10.3 per cent compared to the year-ago period, which was up from an 8.7 per cent rise in September. Capacity climbed 8.4 per cent and load factor rose 1.3 percentage points to 78.0 per cent.

Global passenger traffic demand in September rose 5.7 per cent compared to the same month in 2016, according to IATA’s global passenger traffic results. This was the slowest year-on-year increase since February. Domestic passenger traffic demand climbed 4.2 per cent in September compared to September 2016. India and China continued to lead all markets with double-digit annual traffic increases while elsewhere, results were mixed. Capacity rose 4.7 per cent and load factor slipped 0.4 percentage points to 82.2 per cent. “September’s growth in passenger demand was healthy, notwithstanding the impact of extreme weather events on the Americas,” said Alexandre de Juniac, IATA’s Director General and CEO. “Global economic conditions support rising passenger demand, but with higher cost inputs, the demand stimulation from lower fares has waned, suggesting a moderating trend in traffic growth.” International RPKs climbed 6.5 per cent with airlines in all regions recording growth compared to 2016. Total capacity climbed 5.6 per cent, and load factor rose 0.7 percentage points to 81.3 per cent. Asia-Pacific airlines’ traffic rose 8.7 per cent in September compared to the year-ago period, the strongest growth among regions. Capacity increased 7.8 per cent, and load factor climbed 0.6 percentage points to 78.3 per cent. A solid regional economic backdrop, helped by robust growth in China, is supporting passenger demand within the region.

Indian airlines achieved a 36th consecutive month of double-digit domestic traffic growth as demand rose by 16 per cent, according to data released by the International Air Transport Association (IATA). The demand for domestic travel climbed 7.6 per cent this August as compared to August 2016, on pace with the 7.5 per cent growth recorded in July. Capacity rose 6.9 per cent and load factor increased 0.6 percentage points to 84.5 per cent. All markets reported demand increases with the exception of Australia. The international passenger demand for August rose 7.0 per cent compared to August 2016. All regions recorded increases, led by airlines in Latin America. Capacity climbed 6.1 per cent and load factor edged up 0.8 percentage points to 84.5 per cent. “Following the strong summer traffic season in the northern hemisphere, 2017 is on course to be another year of strong traffic growth. However, some important demand drivers are easing, particularly lower fares. As we head towards the end of the year we still expect growth to continue, but potentially at a slower pace,” said Alexandre de Juniac, Director General and CEO, IATA. The global passenger traffic data for August indicated that demand climbed 7.2 per cent as compared to August 2016. The total capacity increased by 6.3 per cent and load factor climbed 0.7 percentage points to 84.5 per cent, which was just below the record for the month set in 2015.

Vistara has completed the International Air Transport Association (IATA) Operational Safety Audit or IOSA, cementing its status as one of the world’s safest airlines. The audit confirms Vistara’s compliance with internationally approved aviation safety standards across multitudinous parameters in operational management and control systems, including corporate organisation and management, flight operations, operational control, cabin operations, aircraft engineering and maintenance, ground handling, cargo operations and operational security. Vistara joined IATA’s IOSA Registry on September 25, 2017. Commenting on the achievement, Phee Teik Yeoh, Chief Executive Officer, Vistara, said, “At Vistara, maintaining operational excellence is a business imperative, engrained in our DNA. Safety and security are the most important aspects of it, and so they remain our highest priorities in everything we do. Achieving this milestone in so little time in our journey of less than three years is a testament to our commitment to delivering a safe and seamless flying experience to millions of our customers.” Inclusion of the airline in the list of operators to have completed the IOSA means the recognition of Vistara by the global aviation industry as a safe and secure airline that meets the strictest international requirements. The total accident rate for IOSA carriers between 2011 and 2015 was 3.3 times lower than the rate for non-IOSA operators.

Demand for domestic travel climbed 8.2% in June compared to June 2016, up slightly from the 7.9% growth seen in May. India led all markets with a 20.3% rise in domestic traffic in June. However, the very strong upward trend in traffic has slowed since the country’s unexpected ‘demonetisation’ in November 2016. India’s streak of year-on-year double-digit traffic growth may have ended with June. June capacity increased 7.0%, and load factor rose 0.9 percentage points to 84.3%. In a nutshell, air travel recorded its fastest first-half growth in 12 years, pushing load factors to record highs. And the peak northern summer travel season is likely to be record-breaking. The International Air Transport Association (IATA) announced global passenger traffic data for June showing that demand (measured in total revenue passenger kilometers or RPKs) rose by 7.8% compared to the year-ago period. “This is all good news. The demand for travel is strong and that, in turn, will make a positive contribution to the global economy. This growth will also further expose infrastructure deficiencies. In every part of the world airport and air navigation infrastructure is struggling to cope with demand. There are plenty of examples linking connectivity and economic prosperity. But few governments have been able to deliver on the imperatives of sufficient capacity, quality aligned with user needs and affordability. This year’s strong growth is a reminder that there is no time to lose,” said Alexandre de Juniac, IATA’s Director General and CEO. June capacity (available seat kilometers or ASKs) increased by 6.5%, and load factor rose 1.0 percentage point to 81.9%. For the first six months of 2017, the industry experienced a 12-year high in traffic growth (7.9%) and a …

India climbed back to the top of the domestic aviation growth chart in May with a 17.7 per cent year-on-year increase, as per IATA’s Air Passenger Market Analysis. This marks the 33rd consecutive month of double-digit RPK growth. However, the very strong upward SA traffic trend has slowed since the unexpected ‘demonetisation’ in November 2016, in line with the wider impact that this looks to have had on economic activity. Business confidence surveys have recovered somewhat in recent months, particularly on the services side. However, the upward trend in domestic RPKs has slowed to an annualised rate of around 7 per cent over the past six months. Year-on-year growth in global RPKs slowed to (a still robust) 7.7 per cent in May, having reached a six-year high of 10.9 per cent in April. Industry-wide RPKs have now grown by 7.9 per cent year-on-year so far this year compared to the same period in 2016. This is equivalent to annual growth of around 8.6% once you allow for the extra day in 2016 on account of it having been a leap year.

The International Air Transport Association (IATA) announced that Goh Choon Phong, CEO, Singapore Airlines, has assumed his duties as Chairman of the IATA Board of Governors (BoG) for a one-year term, effective from the conclusion of the 73rd IATA Annual General Meeting (AGM) in Cancun, Mexico. Goh is the 76th Chair of the IATA BoG, and the third CEO of Singapore Airlines to hold this position. Goh succeeds Willie Walsh, CEO of International Airlines Group. Walsh will continue to serve on the BoG and the Chair Committee. “It is an honor to serve as IATA’s Chairman for the coming year. While the industry’s global profitability may be strengthening, there is more work to be done as it is not evenly spread. Security is at the top of the agenda. We must improve our partnership with governments to meet the many emerging threats. Additionally, I will be paying special attention to progressing preparations for the Carbon Offset and Reduction Scheme for International Aviation (CORSIA), driving the modernization of cargo processes, and increasing transaction volumes with the New Distribution Capability. We have a busy year ahead.  I look forward to working with Alexandre and his team to represent, lead and serve the airline industry,” said Goh. Goh joined Singapore Airlines in 1990 and held senior management roles in Singapore and overseas before being appointed CEO in 2011. He was President of the 68th IATA AGM which was held in Singapore in 2011 and has served on the IATA BoG since then. IATA also announced the BoG agreed to appoint Akbar Al Baker, CEO of Qatar Airways, to serve for a one-year term as Chairman of the IATA BoG from June 2018, following …

Global passenger traffic for April 2017 increased by 10.7 per cent as compared to April 2016, which was the fastest pace in six years, according to data provided by International Air Transport Association (IATA). The international passenger demand in April 2017 rose 12. 5 per cent as compared to April 2016, with all regions recording double-digit year-over-year traffic increases for the first time in 12 years. Total capacity climbed 7.7 per cent and load factor climbed 3.5 percentage points to 81.5 per cent. Demand for domestic travel climbed 7.7 per cent in April compared to April 2016, while capacity increased 6.2 per cent, causing load factor to rise 1.2 percentage points to 83.0 per cent. All markets reported demand increases with the exception of Australia, which showed a 2.1 per cent decline. IATA attributed the strong performance to a pick-up in global economic activity and lower airfares. After adjusting for inflation, the price of air travel in the first quarter was around 10 per cent lower than in the year-ago period and it was estimated that falling airfares accounted for around half the demand growth in April. However, it was also noted that the cabin ban on the carriage of large portable electronic devices (PEDs) from 10 Middle Eastern and African airports to the US seemed to have weighed down Middle East-North America passenger traffic. “April showed us that demand for air travel remains at very strong levels. Nevertheless there are indications that passengers are avoiding routes where the large PED ban is in place. As the US Department of Homeland Security considers expanding the ban, the need to find alternative measures to keep flying secure is critical. If the …

The International Air Transport Association (IATA) announced global passenger traffic results for January 2017 showing demand (revenue passenger kilometers) rose 9.6% compared to January 2016. This was the strongest increase in more than five years. Domestic air travel climbed 9.9% in January year-on-year. India led domestic all markets in year-to-year growth for the 22nd month in a row; January traffic soared 26.6%, marking the 15th consecutive month of 20%-plus annual growth. Demand is being stimulated by strong flight frequency. Capacity increased 8.7% and load factor was 80.1%, up 0.9% percentage points. January international passenger traffic surged 9.3% compared to the year-ago period. Capacity rose 7.5% and load factor climbed 1.3 percentage point to 80.3%. All regions recorded year-over-year increases in demand led by the Middle East and Asia Pacific. Asia Pacific carriers recorded an increase of 10.9% compared to January 2016, helped by the impact of Lunar New Year-related travel and solid growth on routes within Asia. Capacity rose 8.9%, pushing up load factor 1.5 percentage points to 81.4%. “2017 is off to a very strong start, with demand at levels not seen since 2011. This is supported by the upturn in the global economic cycle and a return to a more normal environment after the terrorism and political ‘shock’ events seen in early 2016,” said Alexandre de Juniac, IATA’s Director General and CEO. IATA estimates the holiday-related travel contributed up to one-half a percentage point in extra demand growth. January capacity rose 8.0%, and load factor climbed 1.2 percentage points to 80.2%. IATA (International Air Transport Association) represents some 265 airlines comprising 83 per cent of global air traffic.