The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037.
The latest update to IATA’s 20-Year Air Passenger Forecast, shows that an increasing shift Eastwards in the center of gravity of the industry is behind the continued strong growth. Over the next two decades, the forecast anticipates a 3.5% compound annual growth rate (CAGR), leading to a doubling in passenger numbers from today’s levels.
The Association warned, however, that growth prospects for air transport, and the economic benefits driven by aviation, could be curtailed if protectionist measures are [...]
Loyalty analytics company Aimia has agreed to sell its Aeroplan business to an Air-Canada led consortium which includes TD Bank, CIBC and Visa Canada Corp.
“We are pleased to see that an agreement in principle has been reached as Aeroplan members can continue to earn and redeem with confidence. This transaction, if completed, should produce the best outcome for all stakeholders, including Aeroplan Members, as it would allow for a smooth transition to Air Canada’s new loyalty program launching in 2020, safeguarding their miles and providing convenience and value for millions of Canadians,” said Calin Rovinescu, President and CEO of Air Canada, on behalf of the [...]
Emirates SkyCargo will carry flood relief cargo of over 175 tons to Kerala, India, joining the UAE community in their support of the people of Kerala. Over more than a dozen flights, the air cargo operator will transport the relief goods, which have been donated by various UAE-based businesses and organisations, to Thiruvananthapuram – the nearest online Emirates station to the areas most affected by the flood. The goods, including lifesaving boats, blankets and dry food items, will be handed over to the local flood relief and aid organisations for distribution.
FedEx Corporation emerged more competitive than ever from fiscal 2018, FedEx said in its Annual Report, “Superior Networks Power Performance.”
“We are very proud of the solid financial and operational results FedEx delivered in fiscal 2018, and I extend a well-deserved ‘Bravo Zulu’ — the naval signal for a job well done — to our more than 425,000 team members worldwide for their dedication to the Purple Promise which simply states ‘I will make every FedEx experience outstanding,’ ” said Frederick W. Smith, chairman and chief executive officer of FedEx.
“It was a year of opportunities and challenges — anticipated and unexpected — and FedEx emerged more competitive than [...]
Roughly half of airline loyalty program members do not understand how to earn or redeem their points/miles, according to the J.D. Power 2018 Airline Loyalty Program Satisfaction Study.SM Despite this high incidence of confusion, understanding how to redeem and earn rewards are among the most powerful drivers of customer satisfaction with airline loyalty programs.
“Airlines have worked hard over the past several years to demonstrate the value of their loyalty programs, particularly to general members,” said Michael Taylor, Travel Practice Lead at J.D. Power. While those efforts are paying off in the form of improved overall satisfaction scores, airlines have a huge opportunity [...]
Emirates has won World’s Best Inflight Entertainment award for the 14th year in a row at the prestigious Skytrax World Airline Awards 2018. The airline also secured a service excellence award for best airline staff service in the Middle East this year.
The Skytrax World Airline Awards are considered a global benchmark of airline excellence. This year’s results were decided by more than 20 million customers across 100 countries. The survey reviewed over 335 airlines from August 2017 to May 2018.
“It’s an honour to be recognised by Skytrax for our commitment to innovation and service excellence. We always work hard to stay creative, relevant, and [...]
Dubai will host the first Global Investment in Aviation Summit, GIAS, – a major aviation conference – to be attended by the world’s 500 top aviation investors, as the UAE emerges as the region’s biggest aviation hubs.
The high-profile delegates from 40 countries will include 20 aviation ambassadors, ten knowledge partners, 200 aviation officials and 300 investors brainstorming throughout the three days.
The three-day aviation investment conference will take place as the UAE authorities are investing AED85 billion (US$23.16 billion) in airport development and expansion that will see its airports handle develop combined capacity to handle more than 300 million passengers [...]
Dubai Aviation Engineering Projects (DAEP) has introduced new projects aimed at developing the aviation industry under the umbrella of the Dubai 10X initiative.
The ‘Retractable Aircraft Cabin’ project will enable airlines to re-distribute their capacity on demand for each flight in record time while the aircraft is on the airport floor. The project provides travelers a number of options for customised airplane cabins-on-demand for entertainment and business. Another initiative, the ‘Multi-Mode Super Port’ project, the first of its kind in the world, will provide an integrated travel outlet for both air and space travel.
The initiatives are part of 26 initiatives [...]