Iata confirms new CEO, halves airline profits forecasts

tyler_iata

GENEVA, SWITZERLAND – Tony Tyler, former chief executive of Cathay Pacific, will succeed Giovanni Bisignani as Iata’s (International Air Transport Association) director general and CEO, effective 1 July 2011, the organization’s member companies voted 7 June. Tyler steps into a job that won’t get any easier this year, with Iata also announcing this week that [...]

IATA sees slight improvement in air passenger decline

airplane_storm

Geneva, Switzerland (GenevaLunch) – The Geneva-based International Air Transport Association (IATA) released figures 25 June showing that, while still falling, the drop in the number of air travellers in May 2009 was slightly smaller than in previous months, lending credence to reports of a bottoming-out of the recession. Worldwide, travel figures were 9.3 percent down [...]

Flying without fuel: emission-free Solar Impulse unveiled

Solar Impulse unveiled in Duebendorf, Zurich

The balloon convinced Piccard to find a zero-fuel solution to flying