Tag Archives: IATA

The International Air Transport Association (IATA) forecasts that India will be the third-largest aviation market in the world within 10 years. Referring to the draft National Civil Aviation Policy (NCAP), Tony Tyler, Director General of IATA, says, “India should develop its aviation policy to try to realise the huge potential of this market. Clearly it’s a good thing that the government has put together an aviation plan that will help make this happen. Certainly having an aviation plan like this is a step in the right direction but I do have to say that I am concerned about some aspects of it. Particularly where it’s going to ride cost to the industry or in some cases deviate from what are well accepted, tried and tested global principles. I have written to Ashok Gajapati Raju, Minister of Civil Aviation and Choubey, Civil Aviation Secretary about these issues.”

India’s domestic air travel soared 22.9 per cent in January compared to a year ago. Growth is being propelled by the comparatively strong domestic economy and increases in air services. The Indian market overtook both Australia and Japan during 2015 and is currently level with Russia at around 1.2 per cent of global revenue passenger kilometers (RPKs). The International Air Transport Association (IATA) announced global passenger traffic results for January 2016 showing demand (RPKs) rose 7.1% compared to January 2015. This was ahead of the 2015 full year growth rate of 6.5%. January capacity rose 5.6%, with the result that load factor rose 1.1 percentage points to 78.8%, the highest load factor ever recorded for the first month of the year. Domestic air travel rose 6.8 per cent in January year-on-year. Capacity rose 5.1 per cent and load factor was 78.9 per cent, up 1.3 per cent percentage points. “January maintained the strong traffic growth trend seen in 2015, showing the resilience of demand for connectivity despite recent turmoil in equity markets.The record load factor is a result of strong demand for our product and airlines making the most productive use of their assets. Underlying conditions point to another strong year for passenger traffic, with the latestdecline in oil prices likely providing additional stimulus for air travel growth,” said Tony Tyler, IATA’s Director General and CEO. Domestic RPKs accounted for about 36% of the total market in 2015. It is most important for North American airlines as it is about 66% of their operations. In Latin America, domestic travel accounts for 46% of operations, primarily owing to the large Brazilian market. For Asia-Pacific carriers, the large markets in India, China …

Expressing disatisfaction over the Budget ’16, Conrad Clifford, Regional Vice President, Asia Pacific, International Air Transport Association (IATA), said, “The budget had a minimal focus on aviation. We hope the government will do a better job with the National Civil Aviation Policy. While the NCAP is a step in the right direction, there are areas of concern, especially where it adds costs to the industry or where it deviates from well-established global standards. We hope the government will address three priority areas – retract the 2 per cent Regional Connectivity Fund levy, abandon the plan to auction traffic rights, and allow AERA to perform its functions independently by not enshrining any ‘Till’ for airport charges in the Policy document.”

PATA CEO Mario Hardy and John Koldowski, Member Tourism Action Group, Thamassat University Thailand, will deliver a seminar on April 5, 2016 at The Park New Delhi, to help prepare tourism stakeholders for future growth, opportunities and challenges. Together with luminaries from UNWTO, WTTC, IATA, ICAO and World Economic Forum amongst others, PATA is engaged in building Tourism Advocacy across the world to ensure that Tourism is at the forefront of strengthening the global Visitor Economy. While Hardy is optimistic about the growing role and contribution of tourism in world economies, he will focus on how markets can get their fair share of this growth as well as address, both present day and futuristic challenges and opportunties. Hardy leads PATA’s charge at the Global Travel Association Coalition. John Koldowski, former Deputy CEO of PATA, is regarded as one of the leading analysts of the travel & tourism sector. He specialises in analysis and interpretation of information regarding movements and trends in the tourism sector based on emerging consumer preferences and destination development. Koldowski will share his in depth knowledge of the impact of global trends on Asia Pacific tourism.

The Travel Agents Association of India (TAAI) Western Region invited Yossi Fatael, Vice President, UFTAA, and Chairman, Air Matters, to conduct an in-depth presentation on New Distribution Capability (NDC) and IATA’s NewGen ISS in Mumbai. Also present was Sunil Kumar, President, UFTAA and National President, TAAI, and a few members of the Managing Committee. The presentation titled ‘Changing Trends in the Travel Industry and its Impact’ highlighted the travel agents’ perspective on these two important subjects. TAAI will conduct a similar workshop in New Delhi on January 30 at The Claridges from 4 pm onwards.

The domestic passenger air traffic in India has recorded very strong growth, up 25.1 per cent, during November 2015 compared to the same period in 2014. This was revealed by the International Air Transport Association (IATA), which released global passenger traffic results for November 2015, showing a continued strong traffic growth above the 10 year average rate of 5.6 per cent. The improvements in industry load factors have been largely driven by domestic markets, particularly in India, where there has been a significant improvement in matching capacity to demand and on-going economic strength, according to the report. Globally, domestic travel demand rose 6.4 per cent in November compared to November 2014 but results were mixed, with Brazil, Russia and Japan all showing declines. Total revenue passenger kilometres (RPKs) rose 5.9 per cent compared to November 2014. Though this is a weaker result than the October figure of 7.1 per cent but this has been termed as very healthy rate of growth despite factors which are likely to have a temporary affect. Data for the first ten months of the year show a 5 per cent decline in average fares in currency-adjusted terms. November capacity (available seat kilometres or ASKs) increased by 4.2 per cent, and load factor rose 1.3 percentage points to 78.0 per cent. “The airline industry is delivering solid financial and operational performance. The industry’s return on capital for 2015 and 2016 is expected to exceed its cost of capital, a very rare occurrence. This means we are on the path toward financial sustainability. Consumers are benefiting from lower fares, and airlines are able to invest in new aircraft that are more comfortable, quieter and more environmentally friendly,” …