Vice President of the International Air Transport Association (IATA) Kamel Al-Awadi said that Egypt’s aviation system is moving at a steady and strong pace in the right path towards further development and achieving a global breakthrough despite COVID challenges.
EgyptAir Holding Company Chairman Mohamed Roshdy Zakaria said Thursday that The International Air Transport Association (IATA) has again granted EgyptAir Company for Ground Services the certificate of Safety Auditors for Ground Operation (ISAGO) without mentioning any notices.
IATA does not support mandating social distancing measures that would leave ‘middle seats’ empty.
The increasing risk to jobs and GDP is due to a greater impact than previously expected from the air travel restrictions introduced as a result of the COVID-19 pandemic.
The three-year membership will expire in 2022.
Global airlines slashed a widely watched industry profit forecast by 21% on Sunday as an expanding trade war and higher oil prices compound worries about an overdue industry slowdown.
The CEO of Qantas’s international unit, Alison Webster, said the decision was not influenced by Qantas’s partnership with China Eastern Airlines Corp (600115.SS).
IATA said the industry is expected to post a $33.8 billion profit this year, 12 percent below a previous forecast of $38.4 billion.
Oil prices have risen around 50 percent compared to the levels seen last year and that is putting pressure on airline profits.
The U.S. government has renewed tariff threats against China and imposed duties on steel and aluminum on U.S. allies Canada, Mexico and the European Union.
International Air Transport Association (IATA) will issue fresh forecasts next week, and that airline profits were still likely to be robust.
Minister of Civil Aviation, Sharif Fathi, met with both the International Air Transport Association (IATA) chief and the Chairman and CEO of EGYPTAIR Holding Company.
Fifteen cadres from the air inspection field at the Civil Aviation Authority are receiving training by the International Air Transportation.
A new tax obliging travel agencies to pay a tax worth 20 percent of the amounts they received in support to operate charter flights faces opposition.
The International Air Transport Association (IATA) increased its profit forecast for the global airline industry Monday, citing surging demand.
Top airline industry players are meeting Monday and Tuesday in Cancun to seek alternatives to the US and British bans on laptops and tablets on certain flights.