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CEO Brief - December 2012

Editorial from IATA's Director General & CEO

2012 will end on some positive notes. It appears that the year will go down in history as the safest ever for air travel. As of 21 December, no IATA airlines suffered a hull loss with a western-built jet. And, despite persistently high oil prices and a sluggish global economy, we see the $6.7 billion that airlines are expected to make in 2012 heading towards $8.4 billion in 2013. More...

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Highlights from the 196th Board

The 196th IATA Board of Governors meeting took place in Geneva 7 December 2012. Following is a summary of the main items addressed by the Board

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Looking at the numbers:

Forecast

As the economic situation continues to be critical in many parts of the world, increased taxes, together with rising charges and fees, have remained a threat in 2012.  That is still down on 2011 but better than expected given the difficult business environment. 

 
 
 

Environment

- COP/18 in Doha: the airline industry came out of the negotiations well. Its role as a key driver of trade, tourism and economic development was reinforced  
- ICAO HLPG: ICAO held the first meeting of its High Level Policy Group on Climate Change last week.

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Industry Charges Update

As the economic situation continues to be critical in many parts of the world, increased taxes, together with rising charges and fees, have remained a threat in 2012.

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Looking at the numbers:

Policy risks

Financial risks facing the industry from government policy and regulation are in many cases as large as the risk being generated by macro-economic developments and in some cases are linked..

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Policy Risks are high

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Additional information

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