U.S. LCC JetBlue has performed the first transaction on IATA’s Aviation Carbon Exchange (ACE), a new carbon-offset trading platform which went live on Nov. 25.
IATA believes that the Asia-Pacific region could lead on its initiatives to revive air traffic and is calling on governments to implement them as the airline body continues to hold multilateral talks.
IATA downgraded its economic outlook for 2020 and 2021 further as the recovery of air travel has been much slower than expected, but there is renewed hope as a recovery in 2021 appears a lot more viable with the imminent arrival of COVID-19 vaccines.
The International Air Transport Association (IATA) has set out guidance for air cargo operators as the industry gets ready to play an important role in the distribution of a COVID-19 vaccine.
The heads of IATA and Airlines for America (A4A) painted a sober picture of the state of the airline industry, conceding the COVID-19 crisis is unprecedented for commercial aviation and warning of a potentially slow recovery.
The number of flights in European airspace continued to decline in September, Eurocontrol data showed, as industry groups renewed calls for the introduction of an EU-wide COVID-19 testing program to spur demand.
IATA is now calling for systematic COVID-19 testing of all international passengers before departure as a key part of efforts to restart aviation during the coronavirus pandemic.
IATA is urging the Canadian government to replace mandatory quarantines and other travel restrictions with more stringent testing protocols that could help revive travel demand without putting citizens at risk.
Chief executives from some of the world’s leading airlines will be in attendance at Routes Reconnected to discuss the long-term impacts of the COVID-19 pandemic on their business models and how they intend to rebuild passenger demand.
Wary of the current lack of air cargo capacity, IATA has urged the freight industry, governments and public health agencies to work together to prepare the transportation of COVID-19 vaccines around the world if and when they become available.
As lockdowns ease, new market patterns, regulations and business practices are emerging. Those organizations that adapt most effectively will emerge strongest.
Wizz Air has put the brakes on plans to increase capacity to 80% in the next quarter amid heightened travel restrictions across Europe. However, the Hungarian carrier’s UK subsidiary has signaled its intention to expand from Doncaster Sheffield, just weeks after announcing a new base at the airport.
New projections from IATA indicate steeper drops in demand, revenue and staff numbers than previously estimated for some of the key Asia-Pacific airline markets this year.
COVID-19 has thrown aviation into survival mode overnight but the industry should use this crisis to learn from the past and find ways to improve in the future, according to IATA regional vice president for the Americas Peter Cerdá.
The global air freight market plummeted by 27.7% in April compared to the same period in 2019, as the full effect of the COVID-19 pandemic was felt around the world.
FRANKFURT—IATA is in “strong opposition” to new quarantine measure for incoming passengers, its director general and CEO Alexandre de Juniac said May 13.
