Boeing ran the test flight for its largest new plane 747-8 on the last Monday. Due to some unfavorable weather condition the flight was delayed a little bit and but everything went well as reported.
Tag Archives: iata
British Airways reports profit in the third quarter
British Airways reported a shocking third quarter operating profit of GBP£25 million pounds (USD$39 million) during the last three months of 2009.
Airline Industry could lose up to $5.6 Billion in 2010
Airline Industry could lose up to $5.6 Billion in 2010… Holy Hell, that’s a lot of money!
IATA’s strategy for environmental protection
Giovanny Bisignani is a director general and chief executive of the International Air Transport Association (IATA), who worked hard in order to verify that IATA is not deprived of its exemption from the Kyoto Protocol at the COP15 Conference that will be held in Copenhagen this week.
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Airlines accept Liberalization Plan
The plan concerning liberalization of the airline industry was approved by Nations representing 60 per cent of the global aviation. Such a plan can lead to the consolidation as well as emersion of multinational airlines.
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Global Airline Traffic Demands
On Tuesday the International Air Transportation Association said that the situation concerning passenger traffic did not change, i.e. it had the same low levels that were last year. One should say that overall passenger demand went up by 0.3 per cent but at the same time cargo demand dropped by 5.4 per cent.
New Concerns about the OneWorld Alliance
New concerns appeared about the planned alliance between American Airlines, British Airways and Spain’s Iberia as all three carriers suffered losses this year.The International Air Transport Association forecasted that the overall loss of the airline industry would be $11bn in 2009.
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