Pursuing Efficiency
Asia-Pacific airlines carry some 30% of global passenger traffic and 39% of the world’s air cargo. Asia also has seven of the world’s 10 busiest routes.
Editorial - The Subsidy Yawn
It’s a new year, but the same old stone-throwing has begun.
No sooner did 2014 roll in than Airbus and Boeing were back to accusing each other of taking subsidies.
GECAS orders 40 more 737s, including MAX 8s
GE Capital Aviation Services (GECAS) announced Monday an order for 40 Boeing 737s made up of 20 MAX 8s and 20 737-800s. The order, which was accounted for in Boeing’s 2013 net orders and attributed to an unidentified customer, is valued at $3.9 billion at list prices.
Editorial: Regulation and Profitability
The good news is that IATA is forecasting another profitable year for airlines; a global net profit of $19.7 billion in 2014 that will mark an almost $7 billion improvement over the profit anticipated for 2013.
Forecast: 2014 Industry Forecast—Brighter Prospects
A cautious sense of optimism for improved global airline financial performance is also giving cause for hope that the industry could be entering an era of sustained profitability if airlines are able to continue new revenue-generating practices.
Forecast: Interview—IATA DG and CEO Tony Tyler
Tony Tyler joined IATA as DG and CEO in July 2011. In the two-and-a-half years of his leadership, he has been a tireless and passionate voice and campaigner for the industry, focusing particularly on the need for smarter, more efficient security processes; speaking out against unnecessary regulation and heavy taxes on aviation; and championing the industry’s commitment to market-based measures as a key tool to achieving carbon-neutral growth.
