Environment

• The IATA Board of Governors and the 68th AGM last June sent a clear message for IATA to maintain its opposition to unilateral, extra-territorial climate measures and climate-related taxes for aviation.

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IATA Performance and Governance

• At its meeting in Beijing, the Board of Governors reviewed IATA’s performance on managing industry revenues and approved a number of changes to IATA’s governance documents.

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Looking at the Numbers

• Our forecast for airline industry profits is unchanged in this quarterly update.  We continue to expect net post-tax profits for the whole industry to fall from $7.9 billion in 2011 to $3 billion in 2012, which is just 0.5% of revenues.

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In Brief

• The Direct Data Service was launched in June.
• IATA is now working on a New Distribution Capability standard.
• E-freight is live at over 100 airports, representing 33% of global traffic. More...

IATA Safety Initiatives

• As of June 30, 2012 the global accident rate is 0.26, the equivalent of one accident per 3.85 million flights.
• Africa, however, continues to struggle.  More...