In 2017 and 2018, Pearce said the capacity increased by 6.7 per cent annually.
Airline net profits are now expected to fall to $25.9 billion from $27.3 billion last year, before recovering to $29.3 billion in 2020
Airports Authority of India on Wednesday said it has signed an agreement with the International Air Transport Association for training its 500 employees using the latter's online course on "overview of the air transport system". "The online training course will help in providing fundamental knowledge of air transportation system and shall cover overview of the world aviation organizations, airports, air navigation services and civil aviation authorities," said AAI in an official statement. The agreement was signed between AAI Member (HR) Anuj Aggarwaland IATA-Training Director Stephanie Siouffi during the "6th ICAO Global Aviation Training & Trainair Plus Symposium" that is being held in Delhi from December 4 to December 6.
This marks a weak start to the traditional peak season for air cargo and the 12th consecutive month of year-on-year declines in freight volumes.
The IATA represents some 290 airlines comprising 82 per cent of the global air traffic.
Flight shaming has dented demand in Europe, particularly in northern parts but also in the United Kingdom, France, and Germany.
With 48.2% share in domestic air passenger market, IndiGo is the largest airline in India
The tour operator had moved Bombay High Court earlier in the month and secured an interim relief against invocation of bank guarantees
Net income for 2019 will probably slump to $28 billion, compared with the $35.5 billion forecast in December, according to the industry trade group
However, the system is unlikely to be implemented in India any time soon
The domestic passenger traffic in countries across the world increased by 4.1 per cent in March, according to the IATA
Indian carriers -- Air India, Jet Airways and Vistara -- are part of IATA, which is a grouping of around 290 airlines worldwide
To questions about the civil aviation policy, IATA chief complimented the govt saying the 'clear' policy reflects a national development strategy that appreciates the aviation industry's role
Governments have not developed a robust business case and there was insufficient meaningful consultation with industry, says IATA chief economist Brian Pearce
It is unacceptable that global standards are being ignored by the very governments that created them, says IATA's Director General and CEO Alexandre de Juniac
He describes India as among the 'most open' aviation markets
According to IATA, airlines in the Asia-Pacific region carried the largest number of passengers
IATA also criticised government for reducing airport regulator to 'a toothless entity'
Growth in the India domestic market is being propelled by the comparatively strong economic backdrop as well as sizeable increase in services, IATA said
Countries such as Russia and Brazil reported negative growth