IATA Archives - SamChui.com Sam Chui Aviation & Travel Thu, 27 Feb 2025 01:34:43 +0000 en-US hourly 1 https://wordpress.org/?v=6.7.1 https://samchui.com/wp-content/uploads/2020/05/1con2-100x100.png IATA Archives - SamChui.com 32 32 108386868 Airline Industry Safety Report: Seven Fatal Accidents in 2024 https://samchui.com/2025/02/27/airline-industry-safety-report-seven-fatal-accidents-in-2024/ https://samchui.com/2025/02/27/airline-industry-safety-report-seven-fatal-accidents-in-2024/#respond Thu, 27 Feb 2025 01:24:00 +0000 https://samchui.com/?p=52658 The International Air Transport Association (IATA) released its 2024 Annual Safety Report, highlighting the progress and challenges in aviation safety. While the industry continues to demonstrate strong overall safety performance, certain metrics indicate areas requiring attention. Key Findings IATA's Director General, Willie Walsh, emphasized the importance of continuous improvement in aviation safety, stating, "Even with recent high-profile aviation accidents, it is important to remember that accidents are extremely rare." Moreover, he highlighted the industry's commitment to reducing fatalities, noting that […]

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CEO Talks: IATA DG on Global Supply Chain, Engine Issues and Aircraft Deliveries https://samchui.com/2024/12/24/ceo-talks-iata-dg-on-global-supply-chain-engine-issues-and-aircraft-deliveries/ https://samchui.com/2024/12/24/ceo-talks-iata-dg-on-global-supply-chain-engine-issues-and-aircraft-deliveries/#respond Tue, 24 Dec 2024 15:05:23 +0000 https://samchui.com/?p=52437 IATA Director General Willie Walsh outlined the latest situation with global supply chain slowdown, engine problems, and aircraft delivery delays during the IATA Global Media in Geneva. The number of global grounded aircraft will grow from currently around 700 to 1.000 and airlines continue to operate old aircraft as new generation ones, like Airbus A320neo family or Boeing 737 MAX as well on the wide body front, creating stress for the airlines with their low availability. "The Industry has been […]

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IATA AGM: 10 Airline CEO Voices on Current Aviation Issues https://samchui.com/2024/06/14/iata-agm-10-airline-ceo-voices-on-current-aviation-issues/ https://samchui.com/2024/06/14/iata-agm-10-airline-ceo-voices-on-current-aviation-issues/#respond Fri, 14 Jun 2024 08:24:26 +0000 https://samchui.com/?p=51556 Over 1,500 participants from the world's airlines, Strategic Partners, associations, manufacturers and media gathered in Dubai for the 80th IATA Annual General Meeting (AGM) and World Air Transport Summit. Kurt Hofmann has the opportunity to speak with many airline CEOs and management on current issues such as engine issues, supply chain challenges, high ticket prices, short supply of airplanes, expansion plans and more. View this post on Instagram A post shared by Kurt hofmann (@hofmann_aviation) Thai Airways Thai Airways CEO […]

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IATA AGM 2024: Key Insights of the Airline Industry https://samchui.com/2024/06/04/key-insights-of-the-airline-industry-iata-agm-2024/ https://samchui.com/2024/06/04/key-insights-of-the-airline-industry-iata-agm-2024/#respond Tue, 04 Jun 2024 10:17:35 +0000 https://samchui.com/?p=51507 Dubai is hosting the 80th IATA Annual General Meeting (AGM) and World Air Transport Summit. Over 1,500 key decision-makers from airlines, industry partners, manufacturers, and media have gathered to discuss critical issues facing the air transport sector. This annual event, hosted by Emirates focuses on navigating geopolitical and economic challenges, charting a sustainable path forward, and exploring the potential of Artificial Intelligence in the future of air travel. IATA announced strengthened profitability projections for airlines in 2024 compared with its […]

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IATA: 2023 Safest Year for Flying By Several Parameters https://samchui.com/2024/02/29/iata-2023-safest-year-for-flying-by-several-parameters/ https://samchui.com/2024/02/29/iata-2023-safest-year-for-flying-by-several-parameters/#comments Thu, 29 Feb 2024 11:45:12 +0000 https://samchui.com/?p=50752 The International Air Transport Association (IATA) released its 2023 Annual Safety Report for global aviation. Aviation continues to make progress on safety with several 2023 parameters showing “best-ever” results.  There were no hull losses or fatal accidents involving passenger jet aircraft in 2023. However, there was a single fatal accident involving a turboprop aircraft, resulting in 72 fatalities. There were 37 million aircraft movements in 2023 (jet and turboprop), an increase of 17% on the previous year. Report highlights include: […]

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2022 Airline Safety Performance by IATA https://samchui.com/2023/03/07/2022-airline-safety-performance-by-iata/ https://samchui.com/2023/03/07/2022-airline-safety-performance-by-iata/#respond Tue, 07 Mar 2023 11:50:30 +0000 https://samchui.com/?p=47605 The International Air Transport Association (IATA) released its 2022 Safety Report for global aviation. The report showed a reduction in the number of fatal accidents and the fatality risk, compared to 2021 and to the five-year average (2018-2022). Last year saw a surge in air travel compared to 2021 as COVID-19-related travel restrictions were lifted or relaxed by most governments. In 2022, over 32 million flights were operated, an increase of 25% compared to 2021, but still 31% lower than […]

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Global Aviation Talk with IATA Director General Willie Walsh https://samchui.com/2022/12/19/global-aviation-talk-with-iata-director-general-willie-walsh/ https://samchui.com/2022/12/19/global-aviation-talk-with-iata-director-general-willie-walsh/#comments Mon, 19 Dec 2022 11:19:51 +0000 https://samchui.com/?p=46658 IATA Director General Willie Walsh speaks on the point. I met Willie in Istanbul for an exclusive interview on the sidelines of IATA´s conference Wings of Change at Istanbul, where the further path of the industry was discussed. How is IATA doing after two years of the pandemic? We are doing well, measures were already initiated before I took over IATA. The efficiency of our organization has improved enormously, although there is still a lot to do. We have benefited […]

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IATA: Airlines Cut Losses in 2022; Return to Profit in 2023 https://samchui.com/2022/12/08/iata-airlines-cut-losses-in-2022-return-to-profit-in-2023/ https://samchui.com/2022/12/08/iata-airlines-cut-losses-in-2022-return-to-profit-in-2023/#respond Thu, 08 Dec 2022 07:24:59 +0000 https://samchui.com/?p=46554 The International Air Transport Association (IATA) expects a return to profitability for the global airline industry in 2023 as airlines continue to cut losses stemming from the impact of the COVID-19 pandemic on their business in 2022.  In 2023, airlines are expected to post a small net profit of $4.7 billion—a 0.6% net profit margin. It is the first profit since 2019 when industry net profits were $26.4 billion (3.1% net profit margin).  In 2022, airline net losses are expected to […]

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IATA Releases 2021 Airline Safety Performance https://samchui.com/2022/03/04/iata-releases-2021-airline-safety-performance/ https://samchui.com/2022/03/04/iata-releases-2021-airline-safety-performance/#respond Fri, 04 Mar 2022 11:25:56 +0000 https://samchui.com/?p=43632 The International Air Transport Association (IATA) released 2021 safety performance data for the commercial airline industry showing strong improvement in several areas compared to both 2020 and to the five years 2017-2021. Highlights include: Reductions in the total number of accidents, the all-accident rate and fatalities.IATA members and airlines on the IATA Operational Safety Audit (IOSA) registry (which includes all IATA members) experienced zero fatal accidents last year.No runway/taxiway excursion accidents, for the first time in at least 15 years.  […]

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