India has the potential to be a key producer of sustainable aviation fuel by utilising its ethanol supplies and availability of lipids feedstocks like non-edible industrial oils, according to a senior official at the global airlines' grouping IATA. With decarbonisation in focus, efforts are being made to reduce emissions and over the years, Indian carriers have operated some flights with a blend of Sustainable Aviation Fuel (SAF) and traditional Aviation Turbine Fuel (ATF). Hemant Mistry, Director of Net Zero Transition at the International Air Transport Association (IATA), said the ecosystem for SAF has developed but there is more work to be done. "There are some very good opportunities for India right now. One is in terms of SAF feedstocks like agricultural waste... there is a growing understanding on what to do for SAF production. We are talking to a number of companies to understand how we can collaborate... oil companies," Mistry told PTI in a recent interview in Geneva. The .
Airlines are price takers as they do not have an influence on the prices they pay, IATA Chief Economist Marie Owens Thomsen has said and highlighted that carriers' need to diversify their revenues is complicated by slim profit margins as well as weak balance sheets. In a fast-growing aviation market like India where the air traffic demand is on the rise, there are persistent concerns about airfare trajectory and suggestions from various quarters to make air tickets more affordable. Discussing overall airfares and the costs of airlines, Thomsen said airlines do not have any influence on the prices they pay. "There are too few aircraft manufacturers and oil companies. Whatever supplies we are looking at upstream, we are price takers and downstream, we have the hyper competitive environment where all customers can see all fares from all airlines at all times. So, we always compete in price," she told PTI in an interview in Geneva earlier this week. Thomsen, who is the Chief Economist
Global airlines' grouping IATA's chief Willie Walsh has expressed optimism that India will provide more bilateral flying rights as Indian carriers are set to operate more wide-body planes in the coming years. India, one of the world's fastest growing civil aviation markets, has been taking a cautious stance on increasing bilateral flying rights as efforts are on to make the country a global aviation hub. More number of wide-body planes with Indian airlines will allow them to provide direct connectivity to various overseas destinations. IATA Director General Willie Walsh has said the bilateral flying rights situation with respect to India will improve. "It (bilateral flying rights) will improve. If you look at the aircraft orders, the wide-body aircraft orders that IndiGo and Air India have, they want to see more rights available to them. They are not going to get rights to fly unless you give them reciprocal rights. "I am optimistic that it (bilateral flying rights situation) will
Bullish on the aviation growth prospects in the "fascinating" Indian market, IATA chief Willie Walsh on Tuesday said somebody with an ambition to be a pilot should be looking at India, considering the large number of aircraft orders placed by the domestic airlines. The Director General of the global airlines' grouping, which has been flagging issues about high airport charges in India, also mentioned that Indian regulators seem to be more open to listening to the voices of airlines with respect to airport charges. "(We are seeing) some good economic regulations," Walsh said in response to a query from PTI related to airport charges. India is one of the world's fastest-growing aviation markets and airlines are expanding their operations, with Air India and IndiGo placing significant orders for aircraft, including wide body A350s. Noting that India is going to see significant growth in the domestic market, Walsh said that aircraft orders have been announced by the local carriers, wit
Global airlines' grouping IATA on Wednesday flagged concerns about a significant increase in airport charges in India and suggested having regulations to ensure all costs can be controlled in a way that will allow more people to travel by air. In India, tariffs for major airports are approved by the Airports Economic Regulatory Authority (AERA) and in recent times, charges at some airports have gone up. Emphasising that countries should be careful around airport charges, IATA Director General Willie Walsh on Wednesday said after privatisation of some airports, "there has been an automatic increase in charges in what we have witnessed in India". "India needs to be congratulated for the investment infrastructure in recent years which will pay dividends but only if costs are controlled. At the moment, we continue to be concerned around the very significant increase in airport charges in India...," he said. He also mentioned that IATA has concerns about airport charges in a number of .
Global airlines' grouping IATA on Tuesday raised concerns over show cause notices issued to some foreign airlines operating to India with respect to Goods and Services Tax (GST), saying the issue can dampen and risk the country's strong aviation potential. Urging the government to resolve the matter, the International Air Transport Association (IATA) said it is disappointed that the Directorate General of GST Intelligence (DGGI) has proceeded to issue show cause notices to some foreign airlines operating to India despite a number of representations made by the industry on this matter. IATA represents more than 330 airlines, including Indian carriers, and its members account for more than 80 per cent of the global air traffic. "DGGI's assertion that GST should apply to expenses incurred by the headquarters of foreign airlines (with a branch office in India) in the course of providing air transport services is flawed. It does not take into consideration the nature and conventions ...
Turbulence Aware was launched by IATA in 2018 to help airlines mitigate the impact of turbulence, the No. 1 cause of passenger and crew injuries in the air
IndiGo, India's largest airline by market share, will be the host airline of the AGM and the World Air Transport Summit, which will take place in Delhi between June 8-10, 2025
India has significant potential for producing Sustainable Aviation Fuel (SAF), which can help reduce carbon emissions, global airlines' grouping IATA said on Sunday amid rising air travel. In 2023, the production of SAF stood at around 0.5 million tonnes and the amount has to be increased multiple folds by 2050. The International Air Transport Association (IATA) said it will establish the SAF Registry to accelerate the uptake of the fuel by authoritatively accounting and reporting emissions reductions from the use of the fuel. The registry is expected to be launched in the first quarter of 2025. Seventeen airlines, one airline group, six national authorities, three Original Equipment Manufacturers (OEMs), and one fuel producer are already supporting the effort to develop the registry. Hemant Mistry, Director of Net Zero Transition at IATA, said there is a significant potential for producing SAF in India. "Regions like India have significant opportunities on feedstocks, which can
There was one accident for every 1.26 million flights operated globally in 2023 and it was the lowest rate in more than a decade, according to airlines' grouping IATA. Releasing the data, the International Air Transport Association (IATA) on Wednesday said 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 per cent on the previous year," it said in a release. IATA represents around 320 airlines comprising 83 per cent of global air traffic. "The all accident rate was 0.80 per million sectors in 2023 (one accident for every 1.26 million flights), an improvement from 1.30 in 2022 and the lowest rate in over a decade. This rate outperformed the five-year (2019-2023) rolling average of 1.19 (an average one accident for every 8,80,293 flights)," the release said.
Domestic traffic for Oct '23 was also up 33.7% when compared with the same period last year. This was driven by the triple-digit percentage growth in China
The International Air Transport Association (IATA) said that airline revenues globally will rise in 2024 as the sector is witnessing continued growth in post-pandemic travel
The production of sustainable aviation fuel will double to more than 600 million litres this year and rise further to 1.875 billion litres in 2024, according to the global airlines' grouping IATA. As the global aviation industry works on decarbonisation ways, sustainable aviation fuel (SAF) will play a major role. At a recent conference hosted by the International Civil Aviation Organization (ICAO), stakeholders agreed to a global framework to promote SAF production in all geographies for fuels used in international aviation to be 5 per cent less carbon-intensive by 2030. Around 17.5 billion litres of SAF need to be produced to reach that level. On Wednesday, the International Air Transport Association (IATA) said that in 2023, SAF volumes will reach over 600 million litres (0.5 million tonnes), which is double the amount of 300 million litres (0.25 million tonnes) produced in 2022. While making a presentation on SAF here, IATA's Director for Net Zero Transaction Hemant Mistry said
Airport codes are unique identifiers assigned by the International Air Transport Association (IATA), which represents about 300 airlines globally
The International Air Transport Association (IATA) is the trade body for the world's airlines, representing some 300 airlines or 83 per cent of total air traffic
India is a fantastic potential market for aviation but not a cheap market to operate as taxation is higher in the country than in many other places, international airlines' grouping IATA's chief Willie Walsh said on Tuesday. During a media briefing here, Walsh also highlighted the scale of the economy and investments going into airports in India. The International Air Transport Association (IATA) is a grouping of more than 300 airlines, including Air India, IndiGo and SpiceJet. While responding to a query about a possible duopoly in the Indian airline market, Walsh said there is "plenty of scope for others (airlines) to compete in the market". "What you have in India is a fantastic potential market. You look at the scale of the economy, investments going into airports... (but) India is not a cheap market to operate. "Taxation in India is higher than most places in the world. I think there is a lot of potential in India," he said. India is one of the fastest-growing aviation marke
As efforts continue to reduce carbon emissions, international airlines' grouping IATA on Tuesday said the production of Sustainable Aviation Fuel (SAF) is set for continued growth with a wide geographic footprint spread across North America, Europe and Asia Pacific. The International Air Transport Association (IATA) expects overall renewable fuel production to reach an estimated capacity of at least 69 billion litres (55 million tonnes) by 2028. The grouping of more than 300 airlines has also pitched for production incentives to support the aviation industry's energy transition as well as for continued approval for more diversification of methods and feedstocks available for SAF production. With these two measures successfully in place, the expected 2028 production levels would be realistically aligned with recently published roadmaps to net zero carbon emissions by 2050, IATA Director General Willie Walsh said. According to IATA, SAF will comprise a portion of this growing output,
According to Walsh, the removal of Covid-19 restrictions is one of the developments boosting the industry
There are "massive opportunities" in the vibrant Indian aviation market, the International Air Transport Association (IATA) Director General Willie Walsh said on Monday. Talking about the Indian market, he highlighted that there are CEOs of two Indian airlines on the Board of Governors (BoG) of IATA and it is the first time that has happened. "It reflects the opportunity and vibrancy... there are massive opportunities and we are really excited about the future of aviation in India," he told a media briefing on the sidelines of the IATA Annual General Meeting (AGM) here. Air India CEO and Managing Director Campbell Wilson and IndiGo CEO Pieter Elbers are among the 31 airline CEOs on the BoG. On Monday, IATA announced that Elbers will serve as Chair of the BoG from June 2024. India is one of the fastest growing aviation markets in the world and Air India has embarked on an ambitious expansion plan, while IndiGo is set to fly to more international destinations. Earlier this year, Ai
The airline industry is expected to record a net profit of USD 9.8 billion this year as passenger traffic is rising and local economies are reviving, IATA said on Monday. Willie Walsh, Director General of the International Air Transport Association (IATA), said that despite economic uncertainties, people are flying to reconnect, explore and do business. "Latest data shows that passenger traffic is at over 90 per cent of 2019 level". Speaking at the IATA Annual General Meeting here, he said airports are busier, hotel occupancy is rising, local economies are reviving and the airline industry has moved into profitability. The airline industry is expected to rake in revenues of USD 803 billion and a net profit of USD 9.8 billion this year. Airlines will make an average of USD 2.25 per passenger, he said. While the aviation industry is recovering after the pandemic, there are still challenges like cost pressure and supply-chain issues. Walsh said Original Equipment Manufacturers (OEMs)