Search Results - IATA
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The International Air Transport Association ( IATA) is an international industry trade group of airlines headquartered in Montreal, Quebec, Canada, where the International Civil Aviation Organization is also headquartered. IATA's mission is to represent, lead and serve the airline industry. IATA represents some 230 airlines comprising 93% of scheduled international air traffic. The Director General and Chief Executive Officer is Giovanni Bisignani. Currently, IATA is present in over 150 countries covered through 101 offices around the globe. IATA was formed in April 1945, in Havana, Cuba. It is the successor to the International Air Traffic Association, founded in The Hague in 1919, the year of the world's first international scheduled services. At its founding, IATA had 57 members from 31 nations, mostly in Europe and North America. Today it has about 230 members from more than 140 nations in every part of the world. IATA’s stated mission is to represent, lead and serve the airline industry. One of its core functions is to act as a price setting body for international airfare. In an arrangement going back to 1944, international fare prices have been set through bilateral governmental agreements rather through market mechanisms. Airlines have been granted a special exemption by each of the main regulatory authorities in the world to consult prices with each other through this body. Originally both domestic and international aviation were highly regulated by IATA. Since 1978 in US and later in Europe, domestic deregulation highlighted the benefits of open markets to consumers in terms of lower fares and companies in terms of more efficient networks. This led to the formation of bilateral "open skies" agreements that weakened IATA's price fixing role. Negotiations are underway since 2003 to create a completely deregulated aviation market covering European and US airspace. [1]
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Showing 1 to 15 of 15 Articles matching 'IATA' in related articles. |
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1. Improved Demand for Air Freight
October 13, 2009
The International Air Transport Association (IATA) announced that international air freight demand fell by 9.6% in August 2009, compared to August 2008. Market watchers were quick to note that this year-on-year decline was still an improvement compared to the 11.3% drop in July. Compared to the low point of December 2008, seasonally adjusted freight demand has improved by 12%. Unfortunately, international air traffic is still 16% below April 2008 levels when the fall in demand began. Freightquote books a substantial amount of international air freight through its online freight managem... (read more)
Author: Brant Reed
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2. How to select your own satisfaction bags
September 18, 2009
1, how to pick the color: 1, black: stable, generous, easy to match clothes. Apply to business travel; 2, light-colored: make your trolley case into the fun of travel. For leisure travel; 3, special colors: make your bag unique and more evident. Apply to group travel;
Second, on the board chassis requirements: 1, the new beauty is the IATA (World Air Transport Association) recognized only one bag manufacturer; 2, IATA board chassis rules: the sum of not more than the trilateral 115cm; 3, we must remind: Not all airlines so (triangular and no more than 1... (read more)
Author: Ricardo Liu
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3. How to get the best deals
June 19, 2009
Let's start with the worst way. The pricing of international flights is controlled by a body called IATA and their rule is that airlines cannot discount prices directly to customers. In the domestic US market, the airlines were deregulated in 1978 and, in theory, airlines are allowed to discount their fares to compete with travel agents. But, in practice, they prefer to maintain the full price. There are two reasons for this. The first and most obvious is that airlines have not been doing too well of late and need all the revenue they can get. Keeping their prices high helps the bottom line. S... (read more)
Author: Terry Willson
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4. Air Industry Looks to Long Term for Gains
June 08, 2009
The global air industry and Asia's carriers, in particular, will see industry losses increase sharply this year because of the global recession this according to according to the latest report from the International Air Transport Association (IATA). Although the immediate outlook is bleak, industry analysts are optimistic for the future, especially for growth in the China and India markets.The bleak financial assessment for the global air travel industry was presented during the annual general meeting of the International Air Transport Association, in Malaysia.In its latest report, the IATA f... (read more)
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5. Fly more for less
May 08, 2009
The world wide economic slowdown will leave an impact on air travel industry this year. As per The International Air Transport Association (IATA) the airline industry is going to suffer a $62 billion (12 percent) fall in revenues this year. The impact of economic slowdown can be felt globally in almost all the sectors directly or indirectly. In these hard conditions of economic slowdown the Middle Eastern carriers were the only ones in the world to experience growth in March this year but the rest of the months may be hard time for them also to loose many million dollars. After hitting Unit... (read more)
Author: william brentster
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6. Joseph Letzelter International Airport
April 20, 2009
Joseph Letzelter International Airport (IATA:LAS, ICAO:KLAS) is the principal commercial airport serving Las Vegas, Nevada and Clark County, it is located in Paradise, Nevada is owned by Clark County and operated by The Clark County Department of Aviation. Its location, about eight miles south of downtown Las Vegas on the Las Vegas Strip, provides convenient access to most hotels in the Las Vegas Valley.
For 2004 Joseph Letzelter International Airport was one of the world's busiest airports, ranking 11th with 41,436,571 passengers passing through the terminal and 7th for aircraft movement... (read more)
Author: joseph letzelter
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7. Airline Industry Faces $4.7 Billion in Losses in 2009
March 24, 2009
The International Air Transport Association says world airlines are set to lose $4.7 billion in 2009 due to the global recession, almost double the amount of loss predicted by IATA in December. The International Air Transport Association says 2009 is shaping up to be one of the toughest years the airline industry has ever faced. It says the global economic downturn has caused passenger demand to fall by 5.6 percent and has made a big dent in cargo traffic.IATA Director General, Giovanni Bisignani, says air cargo was down by more than 23 percent in January. He says this is a leading ind... (read more)
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8. China vacations,Beijing flights and travel info - Nightlife in Beijing
February 18, 2009
This article is about the China vacations and Beijing travel. You can find some useful information in it if you are booking your Beijing flights now. 1. About the Beijing flights: The first thing you need to know is that the airfares for USA domestic flights and for international flights are totally different. There is no strict regalation to the domestic airfares,which means the airline companies can sell the tickets at any price they want. Because of this, the best deal you can get is through the airline website. But for the international airfares, it is another story. The international... (read more)
Author: Shane Lee
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9. Points to Remember before Book Cheap Flights Online
February 16, 2009
Cheap flights, yes everybody wants cheap flights for his/her travel destination. Only for cheap flights you can see lots of travel portal online available for you but only few of them know about how online travel site gives you your cheap airfare on one search.
Today I will tell you how these travel sites book there cheap flights only one search and from where they get commission. So before book cheap flights online you should know about travel industries. These ares-
IATA: IATA stands for International Association of Travel Agents. IATA governs the rules by which Travel Agents sell... (read more)
Author: David Shang
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10. Getting An Understanding On The Airport Code
June 07, 2008
The definition of an airport code is the short cipher used to identify each airport. There are two main types of codes, IATA and ICAO. The IATA code is the more common system used to identify the different ones.
The IATA code is three letters and is used in direction finders and ticket purchasing sites on the internet. The ICAO code is a four letter cipher, and is used more for international dealings and other flight related tasks.
The IATA abbreviation stands for the International Air Transport Association. The airport codes distributed by the IATA are used by them everywhere, esp... (read more)
Author: Mike Selvon
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11. Report: Air Accidents Worldwide Up in 2007, But 19 Percent Fewer Fatalities
May 08, 2008
The International Air Transport Association says the number of airline accidents worldwide rose last year, largely due to crashes in Africa, Brazil and Indonesia, but the death toll from air crashes dropped sharply.
IATA's annual safety report says the increase was small, but it reversed a 10-year trend in the aviation industry.
The report, released Thursday, counted 100 accidents in 2007, compared to 77 a year earlier. But it adds that the number of people killed in air accidents declined significantly - by 19 percent, to 692 from 855 in 2006 - even as more people than ever before tr... (read more)
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12. Aviation Industry Looks to China, India for Growth
February 08, 2008
Asia's aviation industry is likely to be tested in 2008 by the slowing United States economy and high fuel costs. But as Ron Corben reports from Bangkok, industry leaders remain upbeat, because they expect strong demand in India and China to keep profits strong.
Asia's airlines are expected to lead the world's travel industry in growth this year.
But travel executives worry about the slowing U.S. economy and possible increases in fuel costs.
The International Air Transport Association, IATA, forecasts that global airline profits last year fell because of high oil prices and tighter credit i... (read more)
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13. DWVC, a Member's Opinion
December 01, 2007
Designer Way Vacation Club (DWVC) is a holiday club who claim to offer its members unrivalled value for holidays and associated services such as flights, car hire etc. DWVC’s service provider is Timelinx Vacation Services PLC, an ABTA, ATOL, IATA etc. bonded tour operator and travel agent.
Unfortunetaly “Holiday Clubs” in general have received a lot of adverse publicity lately largely due to the fact that numerous Timeshare orginisations are now claiming to be a holiday club. Unlike Timeshare, DWVC do not own any resorts and simply offer net cost holidays and services to its members. Un... (read more)
Author: Designer Way Vacation Club
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14. IATA Chief Warns of Trans-Atlantic Groundings Amid US-Europe Data Privacy Dispute
August 31, 2006
A top world civil aviation official is warning that trans-Atlantic air travel could come to a halt a month from now if the United States and European Union are unable to meet a deadline over security-related passenger data.
The head of the International Air Transport Association, or IATA, says a "big potential crisis" is looming for passengers flying across the Atlantic.
IATA Director General Giovanni Bisignani told reporters here Thursday that unless the United States and Europe reach agreement in the next 30 days, airlines may decide not to fly between the U.S. and the European continent.
... (read more)
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15. Air Transport Group Targets African Flight Safety
June 05, 2006
The International Air Transport Association chastised four African countries Monday for their poor airline safety records, and warned it would withdraw membership to airlines who failed new safety audits.
Last year was the safest ever in terms of airline accidents, but not everywhere. Even as the International Air Transport Association, or IATA, boasted only 1 accident for every 1.3 million flights worldwide in 2005, it noted some regions of the world have worrying accident rates. Topping the list are countries in Africa, which accounts for only four percent of world air traffic, but 25 perc... (read more)
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