Airline sector expected to earn net profit of $25.7 billion in 2024

The airline sector is expected to achieve a net profit of $25.7 billion in 2024, reflecting a return to more typical growth in both passenger and cargo segments, the International Air Transport Association (IATA) on Wednesday said.

SpiceJet chairman Ajay Singh elected to IATA Board

Gurugram, Jun 2 (UNI) Private airline SpiceJet Chairman and Managing Director Ajay Singh was on Sunday appointed on the Board of Governors (BoG) of the International Air Transport Association (IATA).

India's airline traffic declines by 0.5 pc: IATA

Seoul, May 29 (UNI): India’s airlines’ traffic came down by 0.5 per cent year-over-year, due to shut down of the saddled airline Jet Airways.

Goh Choon Phong New IATA Chairman

London, June 6 (IBNS): The International Air Transport Association (IATA) announced that Goh Choon Phong, CEO of Singapore Airlines, has assumed his duties as Chairman of the IATA Board of Governors (BoG) for a one-year term, effective from the conclusion of the 73rd IATA Annual General Meeting (AGM) in Cancun, Mexico. Goh is the 76th Chair of the IATA BoG, and the third CEO of Singapore Airlines to hold this position.

IATA reappoints Jet Airways Chairman Naresh Goyal to its Board of Governors

Mumbai, June 8 (IBNS): Jet Airways Chairman Naresh Goyal has been re-elected to International Air Transport Association’s (IATA) Board of Governors for a fifth successive tenure.