aviation – Page 2 – आवारा मुसाफिर

IATA welcomes G20 push to restart tourism

May 6, 20211659 Views

The International Air Transport Association (IATA) welcomed the agreement by the G20 Tourism Ministers to support the safe restoration of mobility by following the G20 Rome Guidelines for the Future of Tourism. IATA urged G20 governments to quickly follow up their endorsement of the guidelines with actions, particularly the five-point agenda to safely restore mobility: 1. Sharing information among industry and governments to inform policies and decisions to ensure safe mobility. 2. Agreeing common international approaches to COVID-19 testing, vaccination, certification and information. 3. Promoting digital traveler identity, biometrics and contactless transactions for safe and seamless travel. 4. Providing accessible, consistent, clear and updated information to travelers to e...

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Losses reduce but pain doesn’t for airlines industry

AWARA MUSAFIR BUREAU

April 22, 20211282 Views

The International Air Transport Association (IATA) expects net airline industry losses of $47.7 billion in 2021 (net profit margin of -10.4%). This is an improvement on the estimated net industry loss of $126.4 billion in 2020 (net profit margin of -33.9%). “This crisis is longer and deeper than anyone could have expected. Losses will be reduced from 2020, but the pain of the crisis increases. There is optimism in domestic markets where aviation’s hallmark resilience is demonstrated by rebounds in markets without internal travel restrictions. Government imposed travel restrictions, however, continue to dampen the strong underlying demand for international travel. Despite an estimated 2.4 billion people travelling by air in 2021, airlines will burn through a further $81 billion of cash,...

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“Now or Never” for single European Sky

AWARA MUSAFIR BUREAU

April 20, 2021996 Views

The International Air Transport Association (IATA) warned that the Single European Sky (SES) project to reform Europe’s air traffic management system faces collapse if European states do not support the European Commission’s proposals to reboot the stalled initiative. “The European Commission has been trying to deliver the benefits of SES since the early 2000s. But state inaction has meant that none of its targets have been met. New legislation, as proposed by the Commission, is the only way to force the reform and improvements that are desperately needed. But the intransigence and selfishness of key EU states and their air navigation service providers (ANSPs) threatens to collapse the latest Commission effort,” said Willie Walsh, IATA’s Director General. The SES is vital for a ...

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IATA Travel Pass successfully trialed on first international flight

AWARA MUSAFIR BUREAU

March 20, 20211270 Views

The International Air Transport Association (IATA) announced the arrival at London’s Heathrow Airport of the first traveler using the IATA Travel Pass app to manage their travel health credentials. “The successful implementation of IATA Travel Pass in this trial with Singapore Airlines passengers demonstrates that technology can securely, conveniently and efficiently help travelers and governments to manage travel health credentials. The significance of this to re-starting international aviation cannot be overstated,” said Alexandre de Juniac, IATA’s Director General and CEO. JoAnn Tan, Acting Senior Vice President, Marketing Planning, Singapore Airlines, said: “Digital health credentials will be essential as borders reopen and travel restrictions get progressively lifted worldw...

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IATA says borders may not fully reopen until October

AWARA MUSAFIR BUREAU

March 17, 2021344 Views

Global airline industry body IATA called on governments to provide alternative forms of support and stimulus for the aviation sector as it warned that borders may not fully open until October. The deepening nature of the crisis for airlines was highlighted by IATA’s plans to delay its annual meeting from June to October because it does not expect borders to have properly re-opened to allow such a gathering by late June. Many European airlines have said they need a summer holiday season if they are to survive after almost a year of COVID-19 restrictions which have stopped travel. IATA Director General Alexandre de Juniac said that governments had already provided $225 billion to help airlines, through direct aid, wage subsidies, tax relief and loans, but warned more was needed...

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Updated ICAO recommendations support industry restart

AWARA MUSAFIR BUREAU

March 13, 2021662 Views

The International Air Transport Association (IATA) welcomed the International Civil Aviation Organization (ICAO) Council’s approval of the latest recommendations from its Aviation Recovery Task Force (CART). Key outputs include: Recommendations for: -Temporary liberalization of cargo flights-Considering priority vaccination of air crew-Increased cooperation among governments to implement CART recommendations and guidance Updated or new guidance for: -Testing certificates-COVID-19 risk management including vaccination and its interdependencies-Dangerous goods guidelines for the carriage of cargo on passenger aircraft used in freighter operations A new mechanism for reporting extended regulatory alleviations “This is a major piece of work by states and aviation...

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Safe contactless travel is the new normal in the Aviation Industry

AWARA MUSAFIR BUREAU

March 12, 20211110 Views

Complete movement of essential medicines and goods has been felicitated via civil aviation and cargo, making cargo an integral part of the aviation system. Aviation has emerged as a resilient sector that can survive through this pandemic, mentioned Pradeep Singh Kharola, IAS, Secretary, Ministry of Civil Aviation in the 7th edition of PHD Global Aviation & Air Cargo Summit themed Aviation -Air Cargo Industry’s New Growth Blueprint & Business Resurgence Parameters organized by PHD Chamber of Commerce and Industry. Pradeep Singh Kharola mentioned that the Indian aviation sector has faced a lot of challenges caused by the pandemic but survived due to the air freight and cargo, implicating the extensive potential of air cargo across borders. An aviation system can function when all...

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COVID-19 Cash Burn continues – Urgent preparations for restart

AWARA MUSAFIR BUREAU

February 24, 2021410 Views

The International Air Transport Association (IATA) released new analysis showing that the airline industry is expected to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022. Estimates for cash burn in 2021 have ballooned to the $75 billion to $95 billion range from a previously anticipated $48 billion. The following factors play into this estimate: Weak Start for 2021: It is already clear that the first half of 2021 will be worse than earlier anticipated. This is because governments have tightened travel restrictions in response to new COVID-19 variants. Forward bookings for summer (July-August) a...

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Low-cost airlines will lead post-COVID recovery

AWARA MUSAFIR BUREAU

February 22, 2021644 Views

-Low-cost carriers’ aggressive cost-cutting will give them an even larger cost advantage than pre-pandemic.-87% of consumers are ‘extremely’, ‘quite’ or ‘slightly’ concerned about their personal finances, and low-cost carrier’s low fares are well-positioned to meet this need. -Low-cost carrier’s ability to quickly respond to pent up demand will pay off. The low-cost airline model will lead post-COVID recovery and help revitalize demand. Frugal cost-cutting measures taken and operational responsiveness will see these carriers move quickly to absorb pent-up demand and capitalize on any opportunities ahead of other high-cost model airlines, says GlobalData, a leading data and analytics company. The COVID-19 pandemic has amplified consumer concerns around personal finances. Global...

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2020 Worst year in history for air travel demand

AWARA MUSAFIR BUREAU

February 3, 2021419 Views

The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2020 showing that demand (revenue passenger kilometers or RPKs) fell by 65.9% compared to the full year of 2019, by far the sharpest traffic decline in aviation history. Furthermore, forward bookings have been falling sharply since late December. Similarly, data for global air freight markets show that demand for air cargo decreased by 10.6% in 2020, compared to 2019. This was the largest drop in year-on-year demand since IATA started to monitor cargo performance in 1990, outpacing the 6% fall in global trade in goods. International passenger demand in 2020 was 75.6% below 2019 levels. Capacity, (measured in available seat kilometers or ASKs) declined 68.1% and load factor fe...