Tag: #IATA
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IATA Consultancy Presents PIA Business Plan 2022-26
Feb 01, 2022 (Islamabad): World’s premium aviation consultancy agency, IATA Consultancy, presented a comprehensive business plan for the national flag carrier covering the period 2022 to 2026 to the Minister of Finance and Minister of Aviation, here on Tuesday. The business plan preparation was commissioned by Ministry of Finance last year consequent to the report…
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Canadian Court Orders Seizure of Air India Assets from IATA
A Canadian court has ordered the seizure of funds, over $300 million, which was collected by the Montreal-based International Air Transport Association (IATA) on behalf of Air India and the Airports Authority of India (AAI). According to details, the Canadian court’s decision was based on a plea made by Devas Multimedia Pvt Ltd. The company…
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Denmark sets ambitious target of making all domestic flights green by 2030
The Danish government has set an ambitious goal of making all domestic flights in Denmark green by 2030, as per Prime Minister Mette Frederiksen
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PIA awarded IATA’s NDC level 4 certification
Pakistan International Airlines (PIA) has achieved the International Air Transport Association’s (IATA) new distribution capability (NDC) level-4 certification. According to details, the national flag carrier has recently embarked upon a digital transformation programme, enabling PIA to enhance its merchandising, retailing, and product differentiation. Under this digital transformation programme, the national airline is focused on modernising its…
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Transport Canada Releases Report on PIA Safety Audit
Transport Canada declares Pakistan International Airlines’ (PIA) operational operations up to international standards stating that ‘PIA has implemented the corrective actions to address the findings generated by the Foreign Operations Division Airworthiness Audit of Specific ICAO Airworthiness Elements dated August 26, 2020.’ According to the details, Transport Canada conducts separate audit of PIA in…
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Aer Lingus Commences Trial of IATA Travel Pass
Aer Lingus will begin trialing digital travel solution, International Air Transport Association (IATA) Travel Pass, on flights from Amsterdam to Dublin from today, July 5th. The IATA Travel Pass app can be downloaded onto a mobile device directly from the iOS App and Google Play store. Once downloaded, customers will create a secure account and…
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Lufthansa posts record annual loss, sees long recovery
German flag carrier Lufthansa said it lost a record 6.7 billion euros ($8.1 billion) in 2020, because of low demand due to corona virus
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IATA Launches New Exchange for Offsets Trading
Geneva: The International Air Transport Association (IATA) has launched the Aviation Carbon Exchange (ACE), an important new tool to help airlines meet their climate commitments. According to the details, ACE is the first centralized, real-time marketplace that is integrated with the IATA Clearing House (ICH) for the settlement of funds on trades in carbon offsets.…
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International Air Connectivity Crisis Threatens Global Economic Recovery
Geneva: The International Air Transport Association (IATA) released data revealing that the COVID-19 crisis has had a devastating impact on international connectivity, shaking up the rankings of the world’s most connected cities. London, the world’s number one most connected city in September 2019, has seen a 67% decline in connectivity. By September 2020, it had…
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Virus crisis to cut airline 2020 revenues by 60%: IATA
Paris, Nov 24 (AFP/APP):Airline revenues this year will plunge by 60 percent as a result of the coronavirus pandemic which threatens the survival of the industry, the International Air Transport Association said Tuesday. “The Covid-19 crisis threatens the survival of the air transport industry,” with 2020 likely to go down in history as its “worst”…