Tag Archives: IATA

Willie Walsh, Director General, International Air Transport Association (IATA) expressed confidence that India would ease bilateral flying rights, especially as Indian carriers like Air India and IndiGo broadened their fleets with wide-body aircraft. He underlined the benefits of such agreements, highlighting that an increase in the rights will enable Indian airlines to offer more direct international connections.

IATA forecasts a global airline profit of $36.6 billion in 2025, despite ongoing challenges. This will be a hard-earned achievement as airlines navigate lower oil prices, high load factors, cost controls, decarbonisation efforts, and a return to normal growth levels following the pandemic. Association expects airlines to adapt and thrive.

The International Air Transport Association (IATA) and the Airport Services Association (ASA) are strengthening their collaboration to improve ground handling safety and efficiency. Together, the organizations will work to reinforce standardization, promote safety data sharing, and explore new approaches to enhance sector resilience. “Global standards make aviation safer, and ASA and its members have been pivotal in helping develop the IATA ground handling standards we rely on today. By sharing data, we will be able to support this vital activity with data-driven insights and decisions. Maximizing the impact of data relies on broad contributions. We encourage ground handler participation to strengthen our collective insights,” said Nick Careen, Senior Vice-President Operations, Safety and Security at IATA. Fabio Gamba, ASA’s Director General said, “This partnership is a significant milestone that leverages the expertise of both IATA and ASA. By coordinating our approach, we will ensure more robust support for ground and cargo handling professionals worldwide. Our goal is to ensure that standards and best practices are in place that the entire industry can rely on”. IATA and ASA collaboration will include: Safety Data: Through ASA’s Safety Incident Database and IATA’s Incident Data Exchange (a part of IATA’s Global Aviation Data Management – GADM – initiative), both organizations will share and analyze safety information to proactively address safety issues related to ground and cargo handling. Industry Standards: ASA will continue to work with IATA in the development of industry best practices and standards related to ground and cargo handling, taking advantage of relevant data. In particular, this work will focus on key documents such as the IATA Ground Operations Manual (IGOM) and the IATA Airport Handling Manual (AHM), their adoption by the industry and reduction of variations.

The New Zealand travel and tourism industry is facing a storm as the government’s recent decisions on visa fees and the International Visitor Levy (IVL) threaten to derail its recovery efforts. The double whammy has significantly increased the cost of visiting the country, making it less attractive to international travellers. According to Dr. Xie Xingquan, Regional Vice President, IATA, North Asia and Asia-Pacific, the combined impact of these changes could delay the return of visitor numbers to pre-pandemic levels well beyond 2026. This is a major setback for the industry, which is a crucial contributor to the New Zealand economy. IATA had strongly opposed the increase in the IVL during the public consultation process for the IVL, arguing that it would harm the country’s competitiveness as a tourist destination. Unfortunately, the government ignored these concerns and applied the levy in the 2024 budget despite ongoing discussions. Dr. Xie also expressed concern about the lack of transparency regarding the allocation of funds collected through the IVL. He urged the government to consider investing these resources in initiatives that support the decarbonisation of the aviation sector. As the industry struggles with these challenges, it is clear that the government’s approach to tourism policy needs to be reassessed. By fostering a more welcoming environment for international travellers, New Zealand can position itself as a leading destination and drive economic growth.

Expressing concerns regarding the recent GST notices issued by India’s Directorate General of GST Intelligence (DGGI) to some foreign airlines, the IATA argues that this approach does not align with international norms and practices, pointing out that Indian airlines do not face similar demands abroad. These notices, targeting expenses incurred by foreign airlines’ headquarters, are seen as potentially detrimental to India’s aviation growth, it said.

Amitabh Khosla, Country Director-India, IATA said that India’s air traffic had already surpassed 2019 levels, both for domestic and international flights, in 2023 itself.  “So certainly, we are witnessing rapid growth, as demonstrated in the unveiling video of the 2025 AGM. There is a significance amount of activity and technology driving aviation growth in India, ” he added.

As per International Air Transport Association (IATA), in March 2024, there was 13.8 per cent increase in global passenger demand vis-a-vis the same month in 2023. International passenger demand saw a rise of 18.9 per cent compared to March 2023, while domestic demand rose to 6.6 per cent, showcasing a positive landscape for aviation industry.

The International Air Transport Association (IATA) announced strengthened profitability projections for airlines in 2023, which will then largely stabilize in 2024. Airline industry net profits are expected to reach US$25.7 billion in 2024 (2.7% net profit margin). That will be a slight improvement over 2023 which is expected to show a US$23.3 billion net profit (2.6% net profit margin). 

Aeroflot to resume direct regular flights to Indian state Goa from Moscow and Ekaterinburg. The services will be operated to international airport Dabolim (IATA: GOI). Tickets are available.  In line with bilateral agreement between India and Russia from September 30 three weekly flights from Sheremetyevo airport will be operated on wide-body Airbus A330 on Tuesdays, Fridays and   Saturdays. From October 3 three weekly flights from Ekaterinburg will be operated on Boeing 737- 800 on Tuesdays, Fridays and Saturdays.   In addition to Goa, Aeroflot operates direct flights from Moscow to Delhi all year round. Traditionally the south of India is a favorite place for beach holidays of Russians in fall and winter. The flights are expected to be in high demand. Tourists will be able to get to the Indian Ocean coast in comfort and without transfers. The up-to-date schedule is available on Aeroflot’s website. “Goa flights to Moscow will boast tourism from Russia as well as India, as Russia has simplified the process for visa issuance for Indians, now Indians can apply for Russian visas online, except this cargo sector from western India will be in demand as trade between countries is increasing from last few months” said Dr. Naveen Rao Director of Delmos Aviation Pvt. Ltd.   

IATA, in its quarterly air transport chartbook for 2nd Quarter 2023, reported that the global airline industry is expected to generate a net profit of USD9.8 billion in 2023, with a modest 1.2% net profit margin. This translates to an expected profit of USD2.25 per passenger.