Aviation News, Headlines & Alerts
 
George Hatcher's Air Flight Disaster

Tony Tyler – 71ST Annual General Meeting

Remarks of Tony Tyler – 71ST Annual General Meeting Curtain Raiser Press Conference
Thank you for joining us in Miami today. And I should start by saying how good it is to be back in Miami. The International Air Transport Association (IATA) maintains a regional office here, so I am a regular visitor. I see Miami as a city of great diversity that is a world class destination for business and tourism. And in a few days, it will be the world’s capital of aviation.

I understand that many of you don’t cover IATA regularly. So let me begin my remarks with a few words about this very unique organization. IATA represents some 260 airlines from around the world. Together they carry about 83% of global air traffic. Our Association was formed in April 1945 by a group of 57 airlines that met in Havana, Cuba. Their vision was to strengthen the foundations of post-War commercial aviation.

The goals of the Association were clear. IATA was to benefit the peoples of the world and foster commerce by promoting safe, efficient and economical air transport. To this end, IATA would be a forum for collaboration, a vehicle for partnership, and a global standards-setter.
Today, IATA is involved in almost every facet of commercial aviation. The IATA Operational Safety Audit (IOSA) is the global standard by which all of our members, and many more carriers, operate. Our global settlement systems handled $388 billion of the airlines’ money in 2014 with enormous benefits to passengers who can buy one ticket in a single currency that can allow them to travel the world. And we have set many of the standards behind modern conveniences in travel such as e-tickets, bar-coded boarding passes, self-check-in machines and much more.
All of this remains true to our original vision and we will celebrate our 70th anniversary here in Miami—symbolically not that far from Havana where we began. From 7 to 9 June Miami will be the global capital of the aviation industry as leaders from around the world gather here for our 71st Annual General Meeting and World Air Transport Summit.

Miami is proving to be a very popular destination. With our hosts, American Airlines, FedEx, UPS and Airlines for America, we are expecting a record attendance of over 1,000 delegates. I think that reflects two things.

The first is the attractiveness of Miami as a great aviation city. It is a natural hub linking traffic between North and Latin America. And with a string of new carriers joining the 100 that already serve Miami International Airport, it is no understatement to say that it is indeed a global hub. I understand that the airport contributes to about one in four jobs in Miami-Dade County. It is a powerful economic force. And the connectivity that it provides was among the reasons that IATA’s regional office for the Americas is located here, employing around 160 people.

The second is the program of activities. I am pleased to announce that the US Secretary for Transportation Anthony Foxx will be among the speakers. We are honored to have the Secretary join us and are eager to hear what he will have to say in his keynote presentation on Monday. Another keynote will be from Dr. Benard Aliu, the President of the Council of the International Civil Aviation Organization (ICAO).

And if you look through the program you will see many of the biggest global names in aviation. You will see some “home town” names as well. This includes Emilio Gonzalez, Director of the Miami Airport and one of best known names in US aviation, Doug Parker the CEO of American Airlines—which as you know operates a major hub here. Over the course of two days we will host panels probing:

The relationship between airlines and manufacturers
What’s on the mind of the industry’s CEOs
What the next generation of travelers expects
Cargo strategies
Building the right infrastructure, and
How investible are airlines
For those of you who do not follow aviation day to day, the fragility of the industry’s profitability might come as a surprise. In December we forecast that airlines would make a $25 billion profit this year on revenues well-exceeding $700 billion. With returns at that level we are not covering our cost of capital. We will revise this on Monday morning (8 June) to reflect developments since then.

Air transport is very closely linked to world developments. If currencies fluctuate we are impacted. The strengthening of the US dollar is a good example. Security or public jitters can easily cause changes in travel patterns. Weak economies can impact trade flows and passenger numbers—both business and leisure travelers. Even the weather has an impact.
We keep track of all these developments in order to give our stakeholders a clear picture of how the industry is doing. And particularly with governments, we try to show them the impact of their decisions on how the industry is performing. Protectionist measures can slow trade. Higher taxes can dampen demand. Decisions on infrastructure can either facilitate or limit growth. And well-intentioned but badly conceived regulation can have dramatically negative results—as is the case here in the US where flight cancellations have increased because of draconian rules for tarmac delays.

All of this is important because air transport has a huge impact on the economy—employing millions of people and generating hundreds of billions of dollars in economic activity. On a global scale the industry directly employs 2.3 million with a further 56 million in the value chain. And there are many more jobs created in the development and manufacture of the $6 trillion of goods delivered by air cargo. Aviation is really a catalyst for economic growth.
This week we took the temperature of the industry in two key areas—cargo and passenger growth in April.

Cargo showed growth slowing to 3.3% in April over the previous year. Cargo has been in the doldrums for some time. We were optimistic that it might be at the start of a more robust growth trend. But in recent months there has been little growth. A key element behind that performance is slower growth in China. And the broad implication is that trade growth is slowing. That should be sending some warning bells to governments who are pursuing protectionist policies.

The performance of the passenger business was much more robust—expanding at 5.9% in April over the previous year. What is particularly interesting is that the performance is multi-tiered. One group of airlines—in Asia Pacific and the Middle East—is reporting growth well above the industry average. Asia Pacific is growing at nearly 11% and Middle East carriers at 7.7%. Then we have a group in the middle—airlines from North and Latin America and Europe with growth in the 3% to 5% range. And lastly are airlines in Africa which are saw their demand fall by 2.5% compared to the previous April.

In the airline business, growth and profitability are not linked. And of course you would expect a differential between emerging and mature markets. But you can also read into these statistics the fact that this is a multi-faceted industry. And for such an industry to interact in order to create the global connectivity that we all take for granted, global standards are critical. And that is what IATA is all about.

On that note, I will bring my remarks to a close. I look forward to seeing you at the AGM. And I am happy to take your questions.

Speech in PDF

IATA – Remarks of Tony Tyler at the 71st Annual General Meeting Curtain Raiser

Agenda

agm2015-media-agenda




Wizz Air plane badly damaged by the weather — PHOTOS

Wizz Air plane badly damaged by the weather — PHOTOS
The extreme stormy weather was accompanied by torrential rain, flash floods and hail.

#DailyNewsHungary #Hungary #WizzAir

Read More




Family remembers Hardin Co. woman killed in tragic accident with plane propeller

Family remembers Hardin Co. woman killed in tragic accident with plane propeller
On Sunday afternoon, 37-year-old Feleshia Denham was tragically killed when she accidentally walked into the propeller of a plane.

Read More




Plane goes off runway in Sparta, hits fence

Plane goes off runway in Sparta, hits fence
A plane went off the runway at an airport near Sparta on Wednesday

Read More




Watch a single-engine plane crash-land on 91 Freeway in California | Autoblog

Watch a single-engine plane crash-land on 91 Freeway in California | Autoblog
The small plane clipped a Toyota pickup truck before spinning out of control, breaking apart and erupting in flames. Firefighters were able to extinguish the fire and remove the wreckage.

Read More




Kent man sentenced for flying cracked, duct-taped plane without a license

Kent man sentenced for flying cracked, duct-taped plane without a license
A Kent man has been sentenced in federal court to probation for flying a plane without a license. The plane had a cracked wing and duct tape, according to court records.

Read More




A Plane Made A Fiery Crash Landing On A California Highway

A Plane Made A Fiery Crash Landing On A California Highway
Remarkably and despite a fiery crash into the back of a pickup truck, no one was hurt.

Read More




NTSB report on Barnes plane crash inconclusive about cause

NTSB report on Barnes plane crash inconclusive about cause
Nearly two years after Stephen Barnes’ airplane crashed in a field, it’s still unknown whether it was due to pilot error, a mechanical problem or a combination of the two.

Read More




911 calls released in incident where co-pilot exited plane

911 calls released in incident where co-pilot exited plane
Cary Police released 911 calls on Wednesday detailing the moments a co-pilot exited a small cargo plane shortly before it made an emergency landing at Raleigh-Durham International Airport.

Read More




Plane lands near school with engine trouble | Madison County Journal

Plane lands near school with engine trouble | Madison County Journal
MADISON — The pilot of a small plane that made an emergency landing on Madison Avenue last Thursday evening cited engine trouble as the reason.

Read More




New footage reveals tense moments when plane crashed on California highway

New footage reveals tense moments when plane crashed on California highway
New video shows the moments a single-engine Pipe PA-32 attempted an emergency landing on a California freeway, striking a barrier and bursting into flames upon impact.

Read More




Seaplane crashes in Lake Coila on South Coast | About Regional

Seaplane crashes in Lake Coila on South Coast | About Regional
Two men have been taken to hospital after their seaplane crashed in Coila Lake at Tuross Head. Emergency services were…

Read More




Plane makes terrifying ‘lowest ever landing’ at island airport

Plane makes terrifying ‘lowest ever landing’ at island airport
In footage shared online, a WizzAir plane is seen flying over the isle’s crystal blue waters as it approaches Skiathos airport.

Read More




TikToker Shows A Plane Passenger Using Bare Foot To Shut Window Blind And Goes Viral – Travel Noire

TikToker Shows A Plane Passenger Using Bare Foot To Shut Window Blind And Goes Viral – Travel Noire
People who travel frequently must have already passed through several unpleasant situations. A very weird situation caught on video during a…

Read More




California plane lands on busy freeway near Los Angeles, ignites after crashing into truck

California plane lands on busy freeway near Los Angeles, ignites after crashing into truck
A “very bad tragedy” was avoided on a California freeway, as a plane crash landed alongside cars. No one was hurt among the pilot, passenger and cars.

Read More




NTSB: Power lines caused CareFlight helicopter crash

NTSB: Power lines caused CareFlight helicopter crash
As the pilot approached the scene, he attempted to find the wires, but could not see them, although he did locate the tower holding the lines. The release states the pilot continued to search for t…

Read More




Is this YOUR plane?

Is this YOUR plane?
If a remote control plane lands in YOUR backyard, what do you do? Is this YOUR plane? Should we find the owner? What would you do? Knock door

Read More




Watch: Small plane lands on California freeway, catches fire; nobody hurt

Watch: Small plane lands on California freeway, catches fire; nobody hurt
The Federal Aviation Administration said a single-engine Piper PA-32 carrying two people was headed to Corona Municipal Airport when the plane began to have engine trouble.

Read More




Alaska Air Guard Rescues two Plane Crash Victims

Alaska Air Guard Rescues two Plane Crash Victims
ANCHORAGE, Alaska – Alaska Air National Guardsmen of the 176th Wing rescued two plane crash victims on Aug. 7 at Wrangell-St. Elias National Park and Preserve about 300 miles west of Anchorage, near

Read More




Daily Brief: Serena Williams Says She’s Retiring; Plane Crashes On 91 Freeway

Daily Brief: Serena Williams Says She’s Retiring; Plane Crashes On 91 Freeway
Also, protestors are speaking out against a new LA law banning homeless encampments within 500 ft of schools and daycares.

Read More




23-year-old man who ‘exited’ plane found dead in Fuquay-Varina after massive search

Authorities identified the man who jumped or fell out of the plane that made an emergency landing at RDU Airport Friday afternoon.

Read More




One dead after plane crashes near Centennial Airport

One dead after plane crashes near Centennial Airport
One fatality occurred Aug. 9 after a small, single-engine plane crashed near the FedEx building located at 14250 Grasslands Drive in unincorporated Douglas County, South Metro Fire Rescue said via …

Read More




98.3 TRY Social Dilemma: Is it okay to board a plane and fly in your pajamas?

98.3 TRY Social Dilemma: Is it okay to board a plane and fly in your pajamas?
“This year, we decided on California. Great, right? But it’s a four-and-a-half-hour flight in coach. So I decide I’m going to wear my pajamas.” Is that inappropriate? Read m…

Read More




Content not attributed to or linked to original, is the property of AirFlightDisaster.com; all rights reserved.

Site Credits