Below you'll find a list of all posts that have been tagged as “#AlexandreDeJuniac”
The International Air Transport Association (IATA) announced that Willie Walsh has officially taken on the role of Director General of the organization. He succeeds Alexandre de Juniac. “I am passionate about our industry and about the critical work that IATA does on behalf of its members, never more so than during the COVID-19 crisis. IATA has been at the …
The International Air Transport Association (IATA) released January 2021 data for global air cargo markets showing that air cargo demand returned to pre-COVID levels -January 2019- for the first time since the onset of the crisis. January demand also showed strong month-to-month growth over December 2020 levels. IATA said because comparisons between 2021 and 2020 monthly results are distorted …
The International Air Transport Association (IATA) announced that Kamil H. Al-Awadhi will be appointed IATA’s Regional Vice President for Africa and Middle East (AME), effective 1 March 2021. Al-Awadhi succeeds Muhammad Albakri who will become IATA’s Senior Vice-President for Customer, Financial, and Digital Services (CFDS), also effective 1 March 2021. As previously announced, Albakri will replace Aleks Popovich in …
The International Air Transport Association (IATA) has announced that Alexandre de Juniac, Director General and CEO will step down from his role at the Association effective 31 March 2021. De Juniac made known his intention to step down from the Association several months ago which enabled a search process to facilitate a smooth leadership transition. The IATA Board of Governors …
The International Air Transport Association (IATA) released a public opinion research showing the willingness to travel being tempered by concerns over the risks of catching COVID-19 during air travel. However, IATA stated that the industry’s re-start plans address passenger’s main concerns. IATA said travelers are taking precautions to protect themselves from COVID-19 with 77% saying that they are washing their …
The International Air Transport Association (IATA) announced that passenger demand in May, measured in revenue passenger kilometers or RPKs, dropped 91.3% compared to May 2019. This was a mild uptick from the 94% annual decline recorded in April 2020. The improvement was driven by recovery in some domestic markets, most notably China. Alexandre de Juniac, IATA’s Director General and …
The International Air Transport Association (IATA) has released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1%. Revenues will fall 50% to $419 billion from $838 billion in 2019. In 2021, losses are expected to be cut to $15.8 billion as revenues …
The International Air Transport Association (IATA) have released the data for global air freight markets in April showing that demand dropped 27.7% compared to the same period in 2019 the sharpest fall ever recorded. Still, there was insufficient capacity to meet demand as a result of the loss of belly cargo operations on passenger aircraft. Global demand, measured in …
The International Air Transport Association (IATA) announced that demand for air services is beginning to recover after hitting bottom in April. Passenger demand in April plunged 94.3% compared to April 2019, as the COVID-19-related travel restrictions virtually shut down domestic and international air travel. IATA described it as a rate of decline never seen in the history of IATA’s traffic …
The International Air Transport Association (IATA) released an analysis showing that the airline industry’s global debt could rise to $550 billion by year-end. That’s a $120 billion increase over debt levels at the start of 2020. IATA said $67 billion of the new debt is composed of government loans ($50 billion), deferred taxes ($5 billion), and loan guarantees ($12 …
