Airline relationships with each other have gone through an extensive period of maturation during the past 40 years, most dramatically in the international arena. The industry has transitioned from a close-knit association of thinly spread operators legally coordinating commercial activities in a sanctioned cartel, self-regulating fares and service levels to provide maximum benefits for both airline and passenger-or so they claimed-to today's system of alliances battling on a global stage increasingly open to free-market competition.
The lack of air connectivity among the islands of the Caribbean remains one of the tallest barriers to unlocking the full potential of the region’s tourism market, the head of the Latin American and Caribbean Air Transport Association (ALTA) told ATW’s sister publication Aviation Daily....More
Passenger traffic in Latin America is expected to grow between 5%-10% per year over the next 10 years, but this growth could be hampered by lack of government investment in infrastructure, air traffic control systems and airports, industry leaders said at the ALTA Pan American Aviation Safety Summit....More
IATA’s incoming chief pledged to continue driving forward key global airline initiatives and to be a “tireless advocate” for the industry in remarks after he was officially confirmed as the association’s next director general and CEO....More