Source: TIACA The International Air Cargo Association (TIACA) and Airports Council International (ACI) announce the signature of an MOU aimed at strengthening cooperation for the benefit of each of the associations members and the industry. The primary objective of the MoU is to improve the overall level of safety, efficiency and sustainability of cargo operations within the airport ecosystem for the benefit of the aviation industry and its related stakeholders. Key points of the MoU focus on: Development of joint advocacy programmes in the context of ICAO events, aimed at facilitating the sustainable growth and development of the aviation industry, with a focus on cargo; Cooperation in the establishment of joint programmes or mutual support of industry initiatives, in particular [...]

Source: IATA Latin American airlines saw a 14.5% year-on-year increase in demand. Capacity climbed 13.5% year-on-year. The load factor rose to 84.1% (+0.7ppt compared to April 2023), the highest among the regions. The International Air Transport Association (IATA) released data for April 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPKs), was up 11.0% compared to April 2023. Total capacity, measured in available seat kilometers (ASK), was up 9.6% year-on-year. The April load factor was 82.4% (+1.0ppt compared to April 2023). International demand rose 15.8% compared to April 2023; capacity was up 14.8% year-on-year and the load factor improved to 82.2% (+0.7ppt on April 2023). Domestic demand rose 4.0% compared to April 2023; [...]

Source: US DOT The U.S. Department of Transportation (DOT) today released its Air Travel Consumer Report (ATCR) on airline operational data compiled for the month of March 2024 for on-time performance, mishandled baggage, mishandled wheelchairs and scooters, and 1st quarter oversales. The ATCR is designed to assist consumers with information on the quality of services provided by airlines. For March 2024, 0.9% of flights were cancelled, lower than the 1.3% cancellation rate for March 2023 and the 2.0% cancellation rate for pre-pandemic March 2019.   DOT expects that airlines will operate flights as scheduled and that when they do not, airlines will provide consumers the services promised when a flight is cancelled or delayed because of an airline issue. After [...]

Source: IATA The International Air Transport Association (IATA) announced that the leaders of the global airline industry are gathering in Dubai, United Arab Emirates (UAE), for the 80th IATA Annual General Meeting (AGM) and World Air Transport Summit (June 2-4 2024). The event is being held in the UAE for the first time and hosted by Emirates Airline. Over 1,500 participants are expected to be in attendance, including industry leaders, government officials and media. H.E. Abdulla bin Touq Al Marri, Minister of Economy for the United Arab Emirates is expected to welcome delegates to Dubai with an opening keynote speech to the AGM. "Dubai's world-leading connectivity places it at the crossroads of the planet. And it will soon be the [...]