TagsIATA

African aviation market to expand by 5% annually

The International Air Transport Association (IATA) has projected that the African continent will become one of the fastest-growing aviation regions within the next 20 years, with an average annual expansion rate of almost 5%. Currently, there are 731 airports and 419 airlines on the African continent, with the aviation sector supporting around seven million jobs […]

IATA, Deloitte Develop Airport Ownership and Regulation Guidance Recognizing the Strategic National Importance of Airports

The International Air Transport Association (IATA) and Deloitte have published guidance materials for governments considering public-private partnerships (PPP) and other forms of privatization programs for airport infrastructure. “Airports provide critical infrastructure. It is important that governments considering privatization or PPP take a long-term view and focus on solutions that will maximize the economic and social […]

Infrastructure, Costs Key to Harness Power of Aviation in Latin America

The International Air Transport Association (IATA) called on the governments of Latin America and the Caribbean to focus on infrastructure, costs and the region’s regulatory framework. By concentrating on these areas, the economic and social benefits of aviation can be maximized while accommodating the region’s expanding demand for air connectivity. Aviation already plays an important […]

NewGen ISS Goes Live in Norway

First Market for Transforming Agent-Airline Settlements The International Air Transport Association (IATA) announced that Norway became the first market to implement the New Generation of IATA Settlement Systems (NewGen ISS). NewGen ISS was adopted by the Passenger Agency Conference (PAConf) in November 2017. It represents the most extensive and ambitious modernization of the IATA Billing […]

IATA & African Development Bank sign MoU to advance Africa’s aviation

The International Air Transport Association (IATA) and the African Development Bank (AfDB) have signed a memorandum of understanding (MoU) to establish a framework for collaboration to boost the aviation sector in Africa. The MoU was signed on the sidelines of the International Civil Aviation Organization World Aviation Forum – Financing the Development of Aviation Infrastructure […]

IATA and ACI Launch New Experience in Travel and Technologies (NEXTT)

The International Air Transport Association (IATA) in collaboration with Airports Council International (ACI) have launched the New Experience in Travel and Technologies (NEXTT) initiative. In light of the projected doubling of air travel demand by 2036, new on-ground concepts are, and increasingly will be required to optimize the use of emerging technologies, processes and design […]