The International Air Transport Association (IATA) and its partners have successfully demonstrated that the industry is ready to deliver a fully digital air travel experience. This was achieved in a proof-of-concept (PoC) involving two passengers using different digital wallets and travel credentials on a round-trip between Hong Kong and Tokyo. IATA partnered with Cathay Pacific, […]
The International Air Transport Association (IATA) announced that it will offer digital currencies in the financial settlement systems it operates for the aviation industry. “Digitalization impacts many aspects of our daily lives, including the currency we use. With the increasing use of digital currencies, it is imperative that IATA’s industry financial settlement systems adapt to […]
The International Air Transport Association (IATA) released data for March 2024 global passenger demand with the following highlights: Total demand, measured in revenue passenger kilometers (RPKs), was up 13.8% compared to March 2023. Total capacity, measured in available seat kilometers (ASK), was up 12.3% year-on-year. The March load factor was 82.0% (+1.0ppt compared to March […]
The International Air Transport Association (IATA) released data for February 2024 global air cargo markets showing continuing strong annual growth in demand. Total demand, measured in cargo tonne-kilometers (CTKs*), rose by 11.9% compared to February 2023 levels (12.4% for international operations). This is the third consecutive month of double-digit year-on-year demand growth. Capacity, measured in […]
IGHC 2024: A CLOSER LOOK AT THIS YEAR’S PROGRAM. Many people have already signed up for the 2024 IGHC in Reykjavik, Iceland. If you’re still undecided we’re certain our sampling of the program’s sessions will convince you that you need to be there. So what’s on the menu this year?
Further strengthening Hong Kong’s position as the world’s leading air cargo hub Cathay Cargo Terminal and Hong Kong Air Cargo Terminals Limited (Hactl) announced today that they had both successfully achieved IATA Environmental Assessment (IEnvA) certification, becoming the first cargo handling-companies to achieve IEnvA in Asia. IEnvA is a comprehensive certification programme developed by the […]
Singapore Airlines (SIA) has attained the International Air Transport Association (IATA) global re-certification for its handling of perishable products via its Singapore hub. The re-certification is valid for three years, starting from 1 February 2024. This certification is based on IATA’s Perishable Cargo Regulations, which combine regulatory and operational inputs from government and industry experts. […]
The International Air Transport Association (IATA) released data for November 2023 global air cargo markets indicating the strongest year-on-year growth in roughly two years. This is partly due to weakness in November 2022, but also reflects a fourth consecutive month of strengthening demand for air cargo. Global demand for air cargo, measured in cargo tonne-kilometres […]
