Airlines Cut Losses in 2022; Return to Profit in 2023

Source: IATA The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the effects of the COVID-19 pandemic to their business in 2022. In 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net profit margin. It is the first profit since 2019 when industry net profits were $26.4 billion (3.1% net profit margin). In 2022, airline net losses are expected to be $6.9 billion (an improvement on the $9.7 billion loss for 2022 in IATA's June outlook). This is significantly better than losses of $42.0 billion and $137.7 billion that were realized in 2021 and 2020 respectively. "Resilience [...]

2022-12-06T21:12:49+02:00December 7th, 2022|News, ORGANISATIONS|

Arriving at the Airport ‘Ready to Fly’ is Closer to Reality with New Industry Standards

Source: IATA The International Air Transport Association (IATA) has developed industry standards which will bring the aim of having travelers arrive at airports ready-to-fly one step closer to reality. The newly released Recommended Practice on Digitalization of Admissibility will enable travelers to digitally prove admissibility to an international destination, avoiding a stop at the check-in desk or boarding gate for document checks.   Under the One ID initiative airlines are working with IATA to digitalize the passenger experience at airports with contactless biometric-enabled processes. Programs are already in use in various airports enabling travelers to move through airport processes such as boarding without producing paper documentation because their boarding pass is linked to a biometric identifier. But in many cases travelers would [...]

2022-12-06T23:50:04+02:00December 6th, 2022|News, ORGANISATIONS|

oneworld takes home another two Best Airline Alliance awards

Source: oneworld The oneworld® Alliance has been named Best Airline Alliance again by readers of both Business Traveler USA and Global Traveler, reinforcing oneworld's position as the most preferred alliance among world travellers. Readers of Business Traveler USA selected oneworld as Best Airline Alliance for the eighth consecutive year. Since its inception in 1988, the Annual Best in Business Travel Awards have paid tribute to the top providers of services and products in the travel industry, as voted by the magazine's readers. oneworld was also honoured with the Best Airline Alliance title in the 19th annual GT Tested Reader Survey Awards held by Global Traveler – taking home the title for 13 years running. Award winners will celebrate at a gala reception [...]

2022-12-05T22:54:50+02:00December 6th, 2022|AIRLINES, News, ORGANISATIONS|

Air Travel Consumer Report: September Consumer Complaints Down 15.6% from August, Yet Remain Three Times Higher Than Pre-Pandemic Levels

Source: US DOT The U.S. Department of Transportation released its Air Travel Consumer Report (ATCR) on airline operational data compiled for the month of September 2022 and 3rd quarter 2022 numbers (nine months data) for on-time performance, consumer complaints received, mishandled baggage, and mishandled wheelchairs and scooters. There was a 15.6% decrease in air travel service complaints from August to September; however, complaints are more than 380% above pre-pandemic levels in September 2019. The ATCR is designed to assist consumers with information on the quality of services provided by airlines. DOT remains committed to ensuring airline passengers are treated fairly and is concerned about recent flight cancellations and flight disruptions. During the summer, the Department rolled out a new airline customer [...]

2022-12-05T16:50:48+02:00December 5th, 2022|News, ORGANISATIONS|

Istanbul Airport becomes world’s first to achieve airport accessibility accreditation

Fuente: ACI World Airports Council International (ACI) World announced that İGA Istanbul Airport has become the first airport in the world to be accredited under its new Accessibility Enhancement Accreditation program, a first-of-its kind program dedicated to airport accessibility. The accreditation program was launched earlier this year and provides a continuous path of improvement in the area of accessibility for passengers with disabilities, which includes people with physical and non-apparent disabilities. This level of accreditation achieved by İGA Istanbul Airport is designed to help airports measure, evaluate, and improve their accessibility management and culture. It was developed as a collaboration between accessibility advocacy groups, airports, industry partners, and ACI. ACI World Director General Luis Felipe de Oliveira said: “We are delighted to have Istanbul [...]

2022-12-02T16:03:10+02:00December 2nd, 2022|AIRPORTS, News, ORGANISATIONS|

United States and Ecuador Sign Open Skies Agreement

Source: CAPA Under Secretary for Political Affairs Victoria Nuland and Ecuadorian Minister of Foreign Affairs Juan Carlos Holguín signed an Open Skies Agreement between the two countries. Open Skies Air Transport agreements establish legal frameworks for international air transport to facilitate growth of an efficient, market-based international civil aviation system. This bilateral Open Skies Agreement enables the expansion of passenger and cargo flights between Ecuador and the United States, thereby promoting increased travel and trade, and ultimately spurring high quality job opportunities and economic growth. The two sides have been applying the terms of the agreement on the basis of comity and reciprocity since the negotiations concluded in December 2021. The agreement will enter into force upon a further exchange of diplomatic notes. [...]

2022-12-02T01:19:15+02:00December 2nd, 2022|News, ORGANISATIONS|

October Passenger Demand & Forward Bookings Signal Continuing Recovery

Source: IATA The International Air Transport Association (IATA) announced that the recovery in air travel continued in October. Total traffic in October 2022 (measured in revenue passenger kilometers or RPKs) rose 44.6% compared to October 2021. Globally, traffic is now at 74.2% of October 2019 levels. Domestic traffic for October 2022 slipped 0.8% compared to the year-ago period as stringent COVID-related travel restrictions in China dampened global figures. Total October 2022 domestic traffic was at 77.9% of the October 2019 level. Domestic forward bookings remain at around 70% of pre-pandemic level. International traffic climbed 102.4% versus October 2021. October 2022 international RPKs reached 72.1% of October 2019 levels with all markets recording strong growth, led by Asia-Pacific. Forward bookings for international travel increased [...]

2022-12-02T01:12:29+02:00December 1st, 2022|News, ORGANISATIONS|

Headwinds Continue to Affect Air Cargo Demand in October

Source: IATA The International Air Transport Association (IATA) released data for October 2022 global air cargo markets showing that headwinds continue to affect air cargo demand. Global demand, measured in cargo tonne-kilometers (CTKs*), fell 13.6% compared to October 2021 (-13.5% for international operations). Capacity was 0.6% below October 2021. This was the first year-on-year contraction since April 2022, however, month-on-month capacity increased by 2.4% in preparation for the year-end peak season. International cargo capacity grew 2.4% compared to October 2021. Several factors in the operating environment should be noted: New export orders, a leading indicator of cargo demand, are shrinking in all markets except China and South Korea, which registered slightly higher new export orders in October. Latest global goods [...]

2022-12-02T01:14:25+02:00December 1st, 2022|News, ORGANISATIONS|

New De-icing Pads Will Keep Packages Moving at Key Cargo Airport This Holiday Season

Source: US DOT FAA strengthens supply chain by providing $174M to $330M project that can de-ice 12 wide-body aircraft simultaneously Ice and snow will be no match for packages this winter at a key air cargo airport and sorting center. Federal, state, local and business leaders today marked the completion of 3.3 million-square-foot de-icing pads at Memphis International Airport, home to FedEx's largest air cargo sorting facility. The pads are large enough to de-ice 12 wide-body cargo aircraft simultaneously, which will help get goods where they need to go quicker and more efficiently this holiday season. The FAA invested $174 million to help make this project a reality. "This holiday season and every season, it's critical that American families and [...]

2022-11-29T23:24:06+02:00November 30th, 2022|News, ORGANISATIONS|

TSA releases its 2023 explosives detection canine calendar

Source: TSA The Transportation Security Administration (TSA) released its annual calendar, which honors the agency's more than 1,000 explosives detection canines working in the United States. TSA's 2022 Cutest Canine Contest winner, Eebbers, is featured on the cover of the 2023 TSA Canine Calendar. Eebbers, now retired, is an 11-year-old explosives detection canine who worked at Minneapolis-St. Paul International Airport. He was named in memory of 19-year-old U.S. Army Pvt. James Ebbers who passed away on Oct. 14, 2002, in Djibouti, Africa, while assigned to the 551st Military Police Company, Fort Campbell, Kentucky. TSA uses canines as part of its multi-layered security operations nationwide. These highly skilled dogs are trained to detect the scent of explosives or explosive materials and are paired with handlers [...]

2022-11-30T00:34:59+02:00November 30th, 2022|News, ORGANISATIONS|