Tag Archives: IATA

India’s domestic air traffic in Revenue Passenger Kilometers or RPKs increased by 11.1% YoY: IATA

The International Air Transport Association (IATA) has shared that air travel recovery across the world continued through November 2022, with India’s domestic recovery catching up with 2019 numbers soon. “In India, domestic RPKs (Revenue Passenger Kilometers) increased by 11.1% YoY and ASKs by 0.5%. November RPKs were 12.2% short of 2019 results,” it said.

Read More »

Airlines expected to register small $4.7 bn profit in 2023 after $6.9 bn loss in 2022

International Air Transport Association (IATA) has revealed that in 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net profit margin. It is the first profit since 2019 when industry net profits were $26.4 billion (3.1% net profit margin). In 2022, airline net losses are expected to be $6.9 billion.

Read More »

India constitutes 2.2% of global share of domestic passenger market: IATA

The International Air Transport Association (IATA) announced passenger data for June 2022 showing a strong recovery. In terms of the domestic passenger market, India constitutes 2.2 percent of the global share, it revealed. Demand for air travel remains strong. “After two years of lockdowns and border restrictions people are taking advantage of the freedom to travel wherever they can,” said Willie Walsh, Director General, IATA.

Read More »

Early return to EU slot add to passengers’ woes: IATA

The International Air Transport Association (IATA) expressed concern that a premature return to pre-pandemic slot use rules in the EU this winter risks continuing disruption to passengers. The European Commission has announced it intends to return to the longstanding 80-20 slot use rule, which requires airlines to operate at least 80% of every planned slot sequence. Global slot rules are an effective system for managing access to and the use of scarce capacity at airports. The system has stood the test of time and while airlines are keen to restart services, the failure of several key airports to accommodate demand, coupled with increasing air traffic control delays, means a premature return to the 80-20 rule could lead to further passenger disruption. The evidence so far this summer has not been encouraging. Airports had the 2022 summer season schedules and final slot holdings in January and didn’t evaluate how to manage this in time. Airports declaring that full capacity is available and then requiring airlines to make cuts this summer shows the system is not ready for reviving “normal” slot use this winter season (which begins at end of October). “The chaos we have seen at certain airports this summer has occurred with a slot use threshold of 64%. We are worried that airports will not be ready in time to service an 80% threshold by the end of October. It is essential the Member States and Parliament adjust the Commission’s proposal to a realistic level and permit flexibility to the slot use rules. Airports are equal partners in the slot process, let them demonstrate their ability to declare and manage their capacity accurately and competently and then restore the slot …

Read More »

Govts & industry to ensure aviation & safety systems co-exist with 5G services: IATA

International Air Transport Association (IATA) has said that governments must work with the industry to ensure that aviation and incumbent safety systems can safely co-exist with the new 5G services. Many countries have successfully managed to facilitate the requirements of 5G service providers while including necessary mitigations to preserve aviation safety and uninterrupted services.

Read More »

International travel recovery in first and business class faster than in economy: Willie Walsh, IATA

Willie Walsh, Director General, IATA has said that international travel in first and business class is recovering faster than in economy, when it comes to international travel. “I think that points to a very important sector for the market which we call premium leisure and I expect premium to continue to recover quickly,” he said.

Read More »
error: Content is protected !!