"Even if you halve the number, it's still a massive drag on the industry," Walsh said in an interview
GST on Premium Economy, Business, and First class air travel rises to 18%, while economy fares remain unchanged. IATA expresses disappointment, warning of negative effects on India's aviation sector
Air India Express has joined the IATA as a member, making it the fourth Indian carrier currently to be part of the global airlines' association. The International Airport Transport Association (IATA) represents around 350 airlines that account for about 80 per cent of the global air traffic. In a post on LinkedIn on Wednesday, IATA welcomed the membership of Air India Express, which was launched in 2005 and is the low-cost wholly-owned subsidiary of Air India. "With a fleet of 115 aircraft-75 Boeing 737s and 40 Airbus A320s, the airline operates around 500 daily flights, connecting 38 domestic and 17 international airports across India, the Middle East, and Southeast Asia," IATA said. Now, there are four Indian airlines that are IATA members -- Tata Group-owned Air India and Air India Express, IndiGo and SpiceJet. Jet Airways, which stopped flying in April 2019 and is now undergoing a liquidation process, was an IATA member.
Global airlines' grouping IATA has proposed increasing the upper age limit to 67 years for pilots who are operating multi-pilot commercial flights. Amid a shortage of available pilots compared to the rising demand spurred by aviation sector growth, the proposal has been made by IATA to the International Civil Aviation Organization (ICAO). The International Air Transport Association (IATA) represents around 350 airlines worldwide, including Air India, IndiGo and SpiceJet. In a working paper titled 'Proposal to Raise the Multi-Pilot Commercial Air Transport Pilot Age Limit to 67 years', IATA said the growth of the aviation industry worldwide is causing the demand for pilots to outstrip supply. "Raising CAT (Commercial Air Transport) pilot age limits to allow more pilots to continue to work is aligned with 15 of the 17 United Nations (UN) Sustainable Development Goals (SDGs), including the initiative of the Next Generation of Aviation Professionals (NGAP) Programme to ensure a suffici
While addressing the global airline conference on Monday, Prime Minister Narendra Modi emphasised India's commitment to becoming a global aviation and innovation hub
The IATA AGM in New Delhi spotlighted aviation costs, airline profits, air cargo trends and trade barriers, with key addresses from PM Modi and IATA Director General Willie Walsh
Global airlines' grouping IATA on Tuesday said there needs to be greater certainty in India's taxation system, which is very complex. India is one of the world's fastest growing civil aviation markets and airlines are expanding their fleets and networks to meet the rising demand. IATA Director General Willie Walsh said the rate of growth in the Indian aviation market will be higher than China. Against the backdrop of foreign airlines getting tax notices in recent times, Walsh said the taxation system in India is complex and there needs to be "greater uncertainty". The International Air Transport Association (IATA) represents over 350 airlines globally.
Welcoming global aviation leaders as the IATA event returned to India after four decades, Modi highlighted the nation's rapid aviation growth
Rise in passenger numbers and lower fuel costs drive airline revenue growth, while cargo revenue declines, says IATA
In March, Airbus announced plans to significantly increase its sourcing of components and services from India, targeting $2 billion annually by 2030
Despite a sharp decline from last year, Pakistan continues to withhold airline revenues as IATA urges governments to honour repatriation agreements and support global connectivity
Clark on Sunday said the Indian diaspora forms a large part of Dubai's population, which has grown rapidly over the past decade
Leading plane manufacturers Boeing and Airbus are months and years behind on new plane deliveries, frustrating airlines which want to upgrade
Indian aviation market is emerging stronger with growth in connectivity, networks and airport infrastructure, and the country also has the potential for producing sustainable aviation fuel, global airlines' grouping IATA said on Sunday. However, the grouping also said that there is a high cost environment in India and also high uncertainty for tax planning. Amitabh Khosla, Country Director India, Nepal & Bhutan at the International Air Transport Association (IATA) on Sunday said the Indian aviation market is witnessing a significant improvement on the back of emergence of stronger airlines within the country, the growth of connectivity and networks. "We are also seeing significant increase in the airport infrastructure, so it gives a good foundation, a base on which India will build further," he said. At a briefing in the national capital on the sidelines of the World Air Transport Summit (WATS) being organised by IATA, Khosla also said India is one of the largest producers of ...
The reduction in oil prices is in turn helping drive down ticket prices, said Willie Walsh, the director general of the International Air Transport Association
Seasonal shipments and falling jet fuel prices boost Asia-Pacific's air cargo demand, with Europe-Asia routes showing 26 consecutive months of expansion
Walsh criticised fuel companies as the "cause of the problem", saying they had ignored their own SAF supply promises
India has the potential to be a key producer of sustainable aviation fuel by utilising its ethanol supplies and availability of lipids feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA. With decarbonisation in focus, efforts are being made to reduce emissions and over the years, Indian carriers have operated some flights with a blend of Sustainable Aviation Fuel (SAF) and traditional Aviation Turbine Fuel (ATF). Hemant Mistry, Director of Net Zero Transition at the International Air Transport Association (IATA), said the ecosystem for SAF has developed but there is more work to be done. "There are some very good opportunities for India right now. One is in terms of SAF feedstocks like agricultural waste... there is a growing understanding on what to do for SAF production. We are talking to a number of companies to understand how we can collaborate... oil companies," Mistry told PTI in a recent interview in Geneva. The .
Airlines are price takers as they do not have an influence on the prices they pay, IATA Chief Economist Marie Owens Thomsen has said and highlighted that carriers' need to diversify their revenues is complicated by slim profit margins as well as weak balance sheets. In a fast-growing aviation market like India where the air traffic demand is on the rise, there are persistent concerns about airfare trajectory and suggestions from various quarters to make air tickets more affordable. Discussing overall airfares and the costs of airlines, Thomsen said airlines do not have any influence on the prices they pay. "There are too few aircraft manufacturers and oil companies. Whatever supplies we are looking at upstream, we are price takers and downstream, we have the hyper competitive environment where all customers can see all fares from all airlines at all times. So, we always compete in price," she told PTI in an interview in Geneva earlier this week. Thomsen, who is the Chief Economist
Global airlines' grouping IATA's chief Willie Walsh has expressed optimism that India will provide more bilateral flying rights as Indian carriers are set to operate more wide-body planes in the coming years. India, one of the world's fastest growing civil aviation markets, has been taking a cautious stance on increasing bilateral flying rights as efforts are on to make the country a global aviation hub. More number of wide-body planes with Indian airlines will allow them to provide direct connectivity to various overseas destinations. IATA Director General Willie Walsh has said the bilateral flying rights situation with respect to India will improve. "It (bilateral flying rights) will improve. If you look at the aircraft orders, the wide-body aircraft orders that IndiGo and Air India have, they want to see more rights available to them. They are not going to get rights to fly unless you give them reciprocal rights. "I am optimistic that it (bilateral flying rights situation) will