Tag Archives: International Air Transport Association

The International Air Transport Association (IATA) and Bangalore International Airport Limited (BIAL) have signed a Memorandum of Understanding (MoU) to enhance cooperation in various areas of airport operations, including security, passenger experience, cargo, airport development, consulting and training. The MoU was signed by Conrad Clifford, IATA’s Regional Vice President for Asia Pacific, and Hari Marar, BIAL’s President for Airport Operations, on the sidelines of an industry event in New Delhi. This MoU is the first of its kind that IATA has signed with an Indian airport. One of the highlights of the MoU could see IATA and BIAL implementing trials of new technologies and processes, and testing concepts at Bangalore International Airport. “This will place Bangalore International Airport in the forefront of airport operations. These trials will ensure that global best practice solutions can be appropriately adapted to the Indian environment, and will provide guidance for rolling out the implementation to other Indian airports,” said Clifford. The IATA Fast Travel initiative, Passenger Facilitation program and Smart Security are among the initiatives being considered as part of the MoU. “An important objective of the MoU is to promote the efficient development of civil aviation in India to meet growing demand. By 2035, India’s passenger traffic is forecast to exceed 400 million passengers, more than double that of today. The industry will support 19 million jobs and $172 billion of India’s GDP. But for this potential to become reality, India’s airports need to have the necessary infrastructure capacity while implementing efficient processes that embrace the latest technologies,” said Clifford.

India continues to lead all markets with a 23.3 per cent rise in domestic traffic in June, propelled by strong growth in real consumer spending as well as by the fact that airlines are adding airport pairs and frequencies. This was revealed in International Air Transport Association’s (IATA) global passenger traffic data for June. Demand for domestic travel climbed 5.7 per cent this June compared to June 2015, while capacity increased 4.3 per cent, causing load factor to rise 1.1 percentage points to 83.2 pre cent. All markets reported demand increases with the exception of Brazil. Domestic RPKs account for about 36 per cent of the total market. The global passenger traffic data for June showing that demand (measured in revenue passenger kilometers or RPKs) rose by 5.2% compared to the year-ago period. This was up slightly from the 4.8% increase recorded in May (revised). However, the upward trend in seasonally-adjusted traffic has moderated since January. June capacity (available seat kilometers or ASKs) increased by 5.6%, and load factor slipped 0.3 percentage points to 80.7%. “The demand for travel continues to increase, but at a slower pace. The fragile and uncertain economic backdrop, political shocks and a wave of terrorist attacks are all contributing to a softer demand environment,” said Tony Tyler, IATA’s Director General and CEO.

Naresh Goyal, Chairman, Jet Airways, has been elected on the Board of Governors (BoG) of International Air Transport Association (IATA). The announcement was made at the IATA AGM held at Dublin from the June 1-3, 2016. While Willie Walsh, CEO, Aeromexico, has been elected as the Chairman of IATA Borad of Governors.

India’s domestic traffic soared 21.8 per cent, marking the 20th month of double-digit traffic growth and the 13th consecutive month it has led the domestic markets. Growth is being propelled by the comparatively strong economic backdrop as well as by substantial increases in service frequencies, according to International Air Transport Association’s (IATA) global passenger traffic data for April. Demand for domestic travel climbed 4.1 per cent in April compared to April 2015, while capacity increased 3.8 per cent, causing load factor to rise 0.3 percentage points to 81.4 per cent. All markets reported demand increases with the exception of Brazil, which showed a 12.1 per cent decline, reflecting the country’s ongoing economic recession and political turmoil.  

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.”

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,” …