Quarter 1 / 2017 - Asia Pacific Digest
Improved Growth for Asia-Pacific Carriers, but Headwinds Remain
IATA's Chief Economist Brian Pearce discusses the performance of Asia-Pacific airlines, and the headwinds and uncertainties that can impact their performance. Read More
What is Carbon Offsetting and Reduction Scheme for International Aviation?
The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) was adopted at the 39th session of the ICAO Assembly in 2016. In an interview with IATA's Environment team, we discuss why airlines need to get prepared before CORSIA is implemented from 2020.
Indonesia Ratifies the Montreal Convention 1999
With the Montreal Convention 1999 (MC99), better protection is offered to citizens and competitiveness of the air freight market is improved. IATA continues to urge Bangladesh, Sri Lanka, Thailand and Vietnam to urgently ratify MC99.
Japan, India and Indonesia among Top 10 Air Passenger Markets in 2016
Three Asia-Pacific countries, namely Japan, India and Indonesia, were among the top 10 largest markets by passenger departures, according to a recent IATA Economics report. Read More
Slots in Asia-Pacific
The potential economic contribution that aviation can bring to Asia-Pacific is not guaranteed if infrastructure and policies are not in place to support the anticipated traffic growth. In an interview with Philip Ireland, IATA's Manager for World Wide Airport Slots, we discuss how the Wordwide Slots Guidelines can help manage capacity and better plan traffic in the region.
IATA and IIAC Agree to Cooperate at Incheon Airport
A cooperation agreement has been signed by IATA and Incheon International Airport Cooperation (IIAC) to enhance the operational efficiencies and passenger experience at Incheon Airport. Fast Travel and Smart Travel are are among the IATA initiatives that are being considered by IIAC.
Asia Pacific Carriers to Generate $6.3 Billion Profits in 2017
The global airline industry is expected to make a net profit of $29.8 billion this year. Asia Pacific will record the second highest profits among the regions, with a net profit of $6.3 billion for a net margin of 2.9%.