Tag Archives: IATA

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,” …