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Mideast airlines see 10.3% traffic increase ECONOMY

Mideast airlines see 10.3% traffic increase

Middle Eastern carriers posted a 10.3% traffic increase in August, while capacity climbed 13.7%, resulting in a 2.5 percentage point fall in load factor to 81.2%, IATA has said in a report.

4:45 AM November 25 2016
More flight passengers turn unruly: IATA ARABIA

More flight passengers turn unruly: IATA

Unruly passenger incidents aboard aircraft increased in 2015, according to IATA, which in a report said some 10,854 unruly passenger incidents were reported to it by airlines worldwide last year.

4:45 AM November 25 2016
Airlines to post record $40bn profit in 2016: IATA ECONOMY

Airlines to post record $40bn profit in 2016: IATA

Global airlines are expected to post record profits of almost $40bn this year, the head of industry body IATA said, but he warned the sector faced threats from terrorism, a sharp rise in oil prices and protectionism.

4:45 AM November 25 2016
IATA's working on new payment settlement system ECONOMY

IATA's working on new payment settlement system

The International Air Transport Association has announced its intention to work on the new generation of IATA Settlement Systems (NewGen ISS).

4:45 AM November 25 2016
QA Cargo becomes first carrier to adopt Cargo-XML ARABIA

QA Cargo becomes first carrier to adopt Cargo-XML

Qatar Airways Cargo has announced that it has become the first carrier to fully adopt, implement and integrate the next-generation messaging standard, Cargo Extensible Mark-up Language or Cargo-XML, in its core cargo management system - Croamis.

4:45 AM November 25 2016
79 aircraft removed from global fleet in June: IATA ECONOMY

79 aircraft removed from global fleet in June: IATA

Lower oil prices and robust demand have made it economical to keep flying less fuel-efficient aircraft; IATA said and noted that some 79 aircraft were removed from the global fleet in June ...

4:45 AM November 25 2016
Mideast carriers post 7.5% traffic increase in June: IATA ECONOMY

Mideast carriers post 7.5% traffic increase in June: IATA

Middle Eastern carriers posted a 7.5% traffic increase in June, but was well below the double-digit growth recorded earlier in the year, a new IATA report has shown.

4:45 AM November 25 2016
Air travellers to benefit more this year: IATA chief economist ARABIA

Air travellers to benefit more this year: IATA chief economist

Dublin: The average return airfares, which IATA forecasts to be $366 this year, will be 62% lower than in 1995, the global association of airlines said in its semi-annual report released here on Thursday.

4:45 AM November 25 2016
Airlines forecast to make bigger 2016 profit than expected ECONOMY

Airlines forecast to make bigger 2016 profit than expected

Global airlines should make more money than previously expected this year, the International Air Transport Association said, helped by low oil prices and work by airlines to fill planes and drive ancillary revenues.

4:45 AM November 25 2016
IATA Dublin meet to focus on sustainable air transport ECONOMY

IATA Dublin meet to focus on sustainable air transport

The world’s largest gathering of airline leaders in Dublin from Wednesday will discuss measures to ensure the economic and social benefits of safe, secure, efficient and sustainable global air transport.

4:45 AM November 25 2016
IATA sees further decline in airfares ECONOMY

IATA sees further decline in airfares

Airfares are expected to fall further in the near future as prior declines in jet fuel prices feed through, IATA said but noted that the biggest stimulus to demand from oil prices appears to be over.

4:45 AM November 25 2016
Middle East regains top position at global air passenger growth ARABIA

Middle East regains top position at global air passenger growth

Middle East carriers experienced a 12% rise in demand in March, which was the largest increase among various regions, IATA has said in its latest air passenger market analysis.

4:45 AM November 25 2016