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Tag Archives: Global

Cathay Pacific included on Dow Jones sustainability indices for first time

By BA Staff Cathay Pacific Airways announced that the concerted effort the airline has made towards operating as a sustainable organization has led to it being included on the Dow Jones Sustainability Indices (DJSI) for the first time. The DJSI are recognized as the leading global sustainability benchmark, tracking the stock performance of the world’s leading companies in terms of …

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IATA reports rising passenger traffic growth as business confidence returns

The International Air Transport Association (IATA), an airline industry association which represents some 240 airlines comprising 84% of global air traffic, announced global passenger traffic results for February showing that demand growth is accelerating on the back of stronger business confidence, particularly in emerging regions. Passenger demand rose 3.7% compared to February 2012. October 2012 appears to have been a …

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IATA report on airline performance should set panic bells ringing in government

Airline body, International Air Transport Association (IATA) announced international scheduled traffic results for January showing a deepening year-on-year demand slump. International passenger demand fell by 5.6% in January 2009 compared to the same month in 2008, a full percentage point worse than the 4.6% year-on-year drop recorded in December, and the fifth consecutive month of contraction. Air cargo is a …

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IATA: Air cargo performance even worse than post 9/11. The FUD factor at work.

SCARY!!!!, there is no other word to describe the performance numbers and the forecast from IATA, the association representing 93% of the global commercial air transport industry. For the month of December, it is now official — ALL regions of the world, have reported major declines in cargo performance in December 2008 when compared to December 2007. Across the globe, …

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Shocking drop in global air cargo confirms global economic meltdown

The recently announced results by The International Air Transport Association (IATA), is nothing short of shocking. International air cargo is down by a whopping 13.5 per cent in November when compared to November 2007, and passenger growth is down by 4.6 per cent. Graph legendRPK – Revenue Passenger Kilometres (sales)ASK – Available Seat Kilometres (capacity)FTK – Freight Ton Kilometres (sales)ATK …

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Video of global air traffic over 24 hours

Happy 2009. As we wake up to a new year, I bring you an interesting video I came across on YouTube, which shows the global air traffic over 24 hours. But speeded up to complete in one minute. Air traffic follows the sun, at its peak during daylight, just like most human activity does. In the initial stages of the …

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IATA figures confirm global aviation slowdown

The Centre for Asia Pacific Aviation reports that the International Air Transport Association (IATA) released international traffic data for Aug-08 that confirmed a continuing downturn. International passenger demand growth slowed to 1.3%, following disappointing growth of 1.9% in July. Passenger load factors fell to 79.2% a sharp drop-off from the 81% recorded during the same period last year as capacity …

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