194th IATA Board of Governors
The IATA Board of Governors meeting took place in Montreal on 2 December. Read the highlights of the actions taken to assist airlines in reducing their costs, increase IATA’s efficiencies and secure members’ funds. More...
Durban Debrief: COP/17 outcome for aviation is ambivalent, focusing on emissions and taxes.
Biofuels: the spotlight is on HEFA – Hydroprocessed esters and fatty acids.
More on Environment
Simplifying the Business
Fast Travel: working towards more self-service options for check-in, baggage tagging, document check, flight rebooking, boarding, and baggage recovery.
Airline Distribution: a better differentiation of airline products in distribution systems.
More on Simplifying the Business
Growing Tax Attack on Aviation
Checkpoint of the Future
Aviation is more secure than in 2001, but at great expense and with far too much hassle. For the $7.4 billion that airlines spend annually on security, the process should be better for our customers.
Looking at the numbers
Looking backwards, Q3 airline profits show reasonable performance so far this year
During Q3 airline financial performance was reasonably good by historic standards, with a sample of 60 airlines reporting net profits of $5 billion.
Profits are down on last year, but only by 20% at the EBIT level. In Europe, where the economic outlook is dire, airlines limited the decline in Q3 profits to 5%.