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.

Venezuela must pay $3.7 billion to airlines: industry group

Venezuela must take steps to resolve an impasse that has held up $3.7 billion dollars in payments to international airlines, the head of a major airline industry group said Monday.

'Flying has never been safer,' says air industry chief

Traveling by plane is safer than ever despite a series of headline-grabbing airline disasters in recent months, the head of a major global aviation group said on Monday.

Air travel in India sees 17.9% rise in March: IATA

Air travel demand in India rose by nearly 18 percent in March, more than-two fold of the global average, on account of improved economy and market stimulation by way of heavy discounts offered by the Indian airlines during the period, the IATA on Wednesday said.

AAI opposing cut in Delhi airport charges unfortunate: IATA

On the contrary, lower airport fee would stimulate the traffic growth at the Delhi Airport as it would bring down airfares to an affordable limits, it said.

Voluntary safety audit programme launched for non-IATA members

A voluntary safety audit programme was today launched by global airlines body International Air Transport Association (IATA) for carriers which are not part of the grouping.