Tony Tyler became the sixth person to steer the International Air Transport Association when he took at the role of director general and chief executive 2011. With over three decades of airline industry experience, Tyler is a sturdy advocate for a secure, secure, efficient and sustainable global air transport industry. Here he talks to Breaking Travel News concerning the latest developments within the industry. Breaking Travel News: IATA recently issued a chain of sturdy data suggesting airline performance was improving in a challenging environment. Are you able to bring us brand new with where you suspect the industry stands at this time Tony Tyler: Robust is within the eye of the beholder. Last year airlines returned an estimated net profit of $6.7 billion. Now, that could sound large, but that...
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Middle East airlines posted the strongest growth rates for January with a 14.3% increase prominent, in accordance with the newest report from the International Air Transport Association (IATA). The increase renowned was nearly evenly matched by a 14.4% growth in capacity, the report found, while load factors for the region stood at 78.6% for the month. The rate of growth in air travel within the region far exceeded the worldwide average, said the report, which noted that 1 / 4 of the rise in international air travel in January in comparison to October was carried by Middle East airlines. IATA said Middle East carriers have benefited from network expansion into emerging markets where demand for air travel have been supported by robust economic growth. Outside the region, the aviation body...
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