Source: IATA   The International Air Transport Association (IATA) has launched the Aviation Carbon Exchange (ACE), an important new tool to help airlines meet their climate commitments. ACE is the first centralized, real-time marketplace that is integrated with the IATA Clearing House (ICH) for the settlement of funds on trades in carbon offsets. IATA's Clearing House ensures that ACE can offer a seamless and secure settlement system which guarantees payment and delivery of the carbon credits. JetBlue Airways is the first airline that made the historic transaction in the ACE platform. "Airlines are serious in their commitment to reduce emissions. And they need a reliable tool to access quality carbon credits in real time. ACE will be a key tool [...]

Source: IATA   The International Air Transport Association (IATA) released data revealing that the COVID-19 crisis has had a devastating impact on international connectivity, shaking up the rankings of the world's most connected cities. London, the world's number one most connected city in September 2019, has seen a 67% decline in connectivity. By September 2020, it had fallen to number eight. Shanghai is now the top ranked city for connectivity with the top four most connected cities all in China—Shanghai, Beijing, Guangzhou and Chengdu. New York (-66% fall in connectivity), Tokyo (-65%), Bangkok (-81%), Hong Kong (-81%) and Seoul (-69%) have all exited the top ten. The study reveals that cities with large numbers of domestic connections now dominate, showing [...]

Source: IATA   The International Air Transport Association (IATA) announced a revised outlook for airline industry performance in 2020 and 2021. Deep industry losses will continue into 2021, even though performance is expected to improve over the period of the forecast. A net loss of $118.5 billion is expected for 2020 (deeper than the $84.3 billion forecast in June). A net loss of $38.7 billion is expected in 2021 (deeper than the $15.8 billion forecast in June). Performance factors in 2021 will show improvements on 2020; and the second half of 2021 is expected to see improvements after a difficult 2021 first half. Aggressive cost-cutting is expected to combine with increased demand during 2021 (due to the re-opening of borders [...]

Source: IATA   The International Air Transport Association (IATA) announced that it is in the final development phase of the IATA Travel Pass, a digital health pass that will support the safe reopening of borders. Governments are beginning to use testing as a means of limiting the risks of COVID-19 importation when re-opening their borders to travelers without quarantine measures. IATA Travel Pass will manage and verify the secure flow of necessary testing or vaccine information among governments, airlines, laboratories and travelers. IATA is calling for systematic COVID-19 testing of all international travelers and the information flow infrastructure needed to enable this must support: Governments with the means to verify the authenticity of tests and the identity of those presenting [...]

Source: IATA   The International Air Transport Association (IATA) welcomes the publication of the Manual on Testing and Cross Border Risk Management Measures by the International Civil Aviation Organization (ICAO). This document provides governments a risk-based assessment tool for using testing programs that could alleviate quarantine requirements. It is a critical output produced by the ICAO Collaborative Arrangement for the Prevention and Management of Public Health Events in Civil Aviation (CAPSCA). CAPSCA brings together the expertise of states, public health authorities (World Health Organization/WHO, Centers for Disease Control and Prevention, European Centre for Disease Prevention and Control) and industry experts (IATA, Airports Council International, International Coordinating Council of Aerospace Industries Associations). This encouraging progress follows recent comments from the WHO’s [...]