Tag: Alexandre de Juniac

IATA predicts $95bn airlines cash burn in 2021 due to Covid-19

IATA predicts $95bn airlines cash burn in 2021 due to Covid-19

By Edward Robertson IATA is warning the world’s airline industry faces another bad year with 2021 expected to be cash negative as airlines burn between $75 billion and $95 billion just to stay in business. The money required to keep airlines in business is nearly double the previously predic...

Airline industry needs up to another $80bn to survive pandemic

Airline industry needs up to another $80bn to survive pandemic

By Jonathan Josephs, BBC News The world's airlines need another $70-$80bn of government support to get through the crisis caused by the coronavirus pandemic. That's according to the head of the International Air Transport Association (IATA), which is the trade association for t...

IATA Chief Discusses ‘State of the Industry’

The International Air Transport Association (IATA) chief Alexandre de Juniac delivered his take on the state of the industry at the IATA annual general meeting held virtually on Nov. 24. The executive called on airlines and other industry stakeholders for immediate action in working to open up the s...

IATA CEO Alexandre de Juniac steps down after four years

IATA CEO Alexandre de Juniac steps down after four years

The International Air Transport Association (IATA) announced that Alexandre de Juniac, Director General and CEO will step down from his role at the Association effective 31 March 2021. De Juniac made known his intention to step down from the Association several months ago which enabled a search pro...

Sluggish Improvement in Passenger Demand Continues in July

Sluggish Improvement in Passenger Demand Continues in July

The International Air Transport Association (IATA) announced that passenger demand in July (measured in revenue passenger kilometers or RPKs), continued at critically low levels--79.8% below July 2019 levels. This was somewhat better than the 86.6% year-over-year decline recorded in June, primarily ...

Industry Losses to Top $84 Billion in 2020

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, loss...

Alexandre de Juniac: Global airlines face emergency, need rescue package now

Remarks of Alexandre de Juniac at the IATA Media Briefing on COVID-19, 24 March 2020: "Brian’s analysis paints a very bleak picture. Airlines are united with the global effort to stop a virus that is overwhelming our healthcare systems and threatening many lives. This is having a major impact ...

Urgent Emergency Support Requested for Airlines

Urgent Emergency Support Requested for Airlines

The International Air Transport Association (IATA) is appealing to governments in Africa and the Middle East, as part of a worldwide campaign, to provide emergency support to airlines as they fight for survival due to the evaporation of air travel demand as a result of the COVID-19 crisis.  “St...

IATA: COVID-19 Impact on Aviation Demand and Revenues

The International Air Transport Association (IATA) announced that its initial assessment of the impact of the Novel Coronavirus 2019 outbreak (COVID-19) shows a potential 13% full-year loss of passenger demand for carriers in the Asia-Pacific region. Considering that growth for the region’s airl...

IATA: A soft start to the peak travel period for air traffic

IATA: A soft start to the peak travel period for air traffic

The International Air Transport Association (IATA) has reported that global passenger demand growth slowed in July. Total revenue passenger kilometers (RPKs) rose 3.6 per cent, compared to the same month in 2018. This was down from 5.1 per cent annual growth recorded in June. All regions posted ...

IATA: Solid passenger demand, record load factor in June

IATA: Solid passenger demand, record load factor in June

Global passenger traffic demand measured in revenue passenger kilometres rose by five per cent in June, according the International Air Transport Association (IATA). This was up slightly from the 4.7 per cent year-over-year growth recorded in May. June capacity (available seat kilometers or ASKs...

IATA report finds global passenger traffic up 6.9% in 2018 to 4.4bn

IATA report finds global passenger traffic up 6.9% in 2018 to 4.4bn

The 2019 IATA World Air Transport Statistics (WATS) report has found that 4.4 billion passengers flew in 2018, an increase of 6.9 per cent on 2017. Last year, record efficiency was also achieved with 81.9 per cent of available seats being filled on flights, while fuel efficiency improved by more...

IATA: Passenger demand growth slows in May but still rises 4.5%

IATA: Passenger demand growth slows in May but still rises 4.5%

Passenger traffic demand growth slowed in May compared to the last two years, according to the International Air Transport Association (IATA). The association said global passenger traffic results showed that demand (measured in revenue passenger kilometers, or RPKs) rose 4.5 per cent compared t...

IATA: Passengers want governments to focus on sustainable fuels to cut carbon

IATA: Passengers want governments to focus on sustainable fuels to cut carbon

The International Air Transport Association (IATA) has called on European governments considering a Dutch proposal for an EU-wide tax on air tickets to listen to what their citizens want. IATA-commissioned research shows that air passengers want governments to encourage the development of new te...

IATA: RFID baggage tracking set for global deployment

IATA: RFID baggage tracking set for global deployment

The International Air Transport Association (IATA) 75th Annual General Meeting (AGM) in Seoul this week unanimously resolved to support the global deployment of Radio Frequency Identification (RFID) for baggage tracking. The AGM also called for the implementation of modern baggage messaging stan...

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