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Message from the Director General & CEO

The air transport industry emerged from a decade of crises and shocks with an US$18 billion profit in 2010. But the events that marked the first half of 2011 will see profits fall to $4 billion. For a $600 billion industry, that is a pathetic 0.7% margin.  More

 

Vision 2050

The 67th IATA AGM heard the conclusions of the Vision 2050 discussions on building a sustainable future for the industry.  More 

 

Checkpoint of the Future

A full-scale model of IATA’s Checkpoint of the Future was displayed at the AGM in Singapore. More

 

    EU ETS

The inclusion of aviation in the EU Emissions Trading Scheme (ETS) continues to concern the IATA Board. More

     

    IATA Board Appointments

    At the close of the 67th IATA AGM, KLM President & CEO, Peter Hartman, succeeded to the post of  Chairman of the IATA Board of Governors.

    • The following new members were also appointed to the Board: Dave Barger, JetBlue; German Efromovich, Avianca; Christoph Franz, Lufthansa; Goh Choon Phong, Singapore Airlines; James Hogan, Etihad Airways; Siza Mzimela, South African Airways; Titus Naikuni, Kenya Airways; Masaru Onishi, Japan Airlines; Rocco Sabelli, Alitalia; Antonio Vázquez, Iberia.
    • IATA Board Membership

 

 

Financial Forecast

Profits Revised Down Sharply

Forecast 2011 airline net profits have been reduced to US$4 billion — less than half the $8.6 billion anticipated in March. More

Price of fuel and passenger yield

Direct Data Service

The Board of Governors formally approved the launch of Direct Data Service (DDS). More

 

IATA Settlement Systems Updates 

The Board noted further measures being taken to strengthen IATA’s BSP and CASS operations. More

 
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