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No demonetisation impact: Indians top flyers globally with 22% growth in November

No demonetisation impact: Indians top flyers globally with 22% growth in November

Despite the demonetisation move that was said to have affected some sectors of the India, Indians were the top flyers in the month of November 2016 with the domestic air passenger traffic growing a huge 22.3 percent during the month.

Levy on airlines can disrupt competitive conditions: IATA

Levy on airlines can disrupt competitive conditions: IATA

Describing India as among the "most open" aviation markets, international airlines grouping IATA's chief Alexandre de Juniac has said the country stands to benefit from the regional air connectivity plan but imposing levy on carriers can disrupt competitive conditions.

IATA moots for lower GST rate on flight tickets

IATA moots for lower GST rate on flight tickets

Global airlines' body IATA has sought an "abated" rate of GST on flight tickets, saying the tax burden on the aviation sector was already high and the GST regime should conform to global standards and principles.

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

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

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

Surge in air passengers; India's domestic air traffic up 21%

Surge in air passengers; India's domestic air traffic up 21%

Keeping its position at the top in the domestic travel demand for the 14th consecutive month, India`s air passenger traffic announced a surge of 21 percent in May over the corresponding period last year.

World's 10 Safest Airlines for 2016

World's 10 Safest Airlines for 2016

Airlines flying towards record $33 bn profits: IATA

Airlines flying towards record $33 bn profits: IATA

The aviation industry is set to post a second consecutive year of net profits in 2015, nearly doubling them to USD 33 billion (30.1 billion) thanks to low fuel prices, its trade association said Thursday.

India to be 3rd largest aviation market by 2026: IATA

India to be 3rd largest aviation market by 2026: IATA

IATA also expects India's air passenger traffic to grow to 378 million passengers by 2034 with 275 new passengers likely to be added during this period.

Domestic air passenger traffic up by 13% in Sept

India recorded the strongest growth during the month with domestic air traffic spiking 13.2 percent, followed by China and Russia.

India clocks 16.3% domestic air passenger growth

The global domestic traffic during this period grew by 6.5 per cent during the period with China clocking 12.1 per cent followed by Russian Federation, which posted a sub-10 per cent growth in June, International Air Transport Association (IATA) said.

IATA to train 4,000 Airports Authority officials

To provide airport management skills training to its staff, Airports Authority of India has joined hands with international air transporters' grouping IATA.

Airport selloff shouldn't lead to steep hike in user fees: IATA

"My suggestion is that the government should carry out a rigorous cost-benefit analysis before taking a decision on these four Airports Authority-run airports in Chennai, Kolkata, Ahmedabad and Jaipur," International Air Transport Association (IATA) Director General and Chief Executive Tony Tyler told a group of reporters here.

IATA against outright sale of AAI-developed metro airports

Opposing the privatisation of the already-developed four state-run airports in the country, global airlines body IATA on Thursday said that an all-out sale will ramp up costs and will only benefit the operator.

Exempt international air ticket from service tax: IATA

Projecting that India can emerge as the third largest aviation market by 2029, Global airlines body IATA Monday urged the government to exempt international air ticket from service tax, slash airport charges and avoid "onerous" regulations.

Don't impose service tax on overflights: IATA

India should not apply service tax on overflights by foreign airlines, extra baggage, global distribution systems and international tickets, world airlines body IATA said Tuesday, as it suggested smarter regulation to make it easier for the industry to do aviation business here.

Poor infra, high taxes deter foreign airlines from investing: IATA

Tony Tyler, Director General and CEO of the International Air Transport Association (IATA), also termed the proposed system to replace the 5/20 rule, which allows Indian carriers to fly abroad only after five years of domestic operations and a 20-aircraft fleet, as "misguided" and said such rules "should not be there".

Gulf carriers to register $1.8b net profits in 2015: IATA

According to the International Air Transport Association (IATA), the region's carriers are expected to see a 12.9 per cent growth in passenger numbers this year, the only region with a double-digit expansion.

IATA talks to consumer forums on transparent laws

"Looking at the nature of some of the regulations being produced, it seems that some governments are ignoring basic commercial principles. They are producing regulations that do not address the root causes of many travel disruptions. In light of this, IATA and the airlines need to contribute a new perspective to the conversation on consumer protection," he said.

Emirates airline president would like to return as FIFA sponsor

Emirates airline president would like to return as FIFA sponsor

Emirates airline would be interested in renewing a deal to sponsor the FIFA World Cup once the scandal over corruption has been cleared up, the carrier`s president said on Tuesday.

Virtual 'Gulf War' in air at IATA meet

 Aviation body IATA's annual meet got off to a stormy start here with Gulf carriers attacking their American counterparts over "protectionism" and the latter attempting to check their rivals' growth, saying they were doing so with unfair government backing.