April 2010

IATA Applauds Europe’s Post-Volcano Measures

by Jarkko on April 29, 2010

in Aviation

Image by Leo-setä via Flickr The International Air Transport Association (IATA) applauded the announcement by the European Commission of a comprehensive program to provide relief to the air transport sector in the aftermath of extra-ordinary  airspace closures resulting from the ash plume of an Icelandic volcano. “I applaud Vice Presidents Kallas, Almunia and Rehn for [...]

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Demand Improvements Continue in March

April 28, 2010

Image via Wikipedia The International Air Transport Association (IATA) announced that March 2010 international scheduled air traffic showed continued strengthening of demand. Compared to March 2009, passenger demand was up 10.3%, while cargo demand grew 28.1%. Both are improvements from the 9.0% and 26.3% growth for passenger and freight demand recorded in February. These are [...]

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Finnair’s loss halved in first quarter

April 28, 2010

In January-March, the Finnair Group’s operational result was a loss of 26 million euros, compared with a loss of 48 million euros a year earlier. Turnover fell by seven per cent to 481 million euros. Operating expenses declined by ten per cent. The result before taxes was a loss of 29 million euros. “Unit revenue [...]

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Finnair’s traffic returned to normal schedule

April 24, 2010

Finnair’s traffic has returned to normal schedule during this weekend after the difficulties of the volcanic ash cloud. There have been only a few cancellations and delays. At the moment, there are some hundreds Finnair passengers stuck in Asia. Most of them will get home in the beginning of the week. Finnair’s press conference tomorrow, [...]

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Finnair’s flight traffic resumes gradually

April 23, 2010

In addition to the long-haul flights announced earlier, Finnair will also try to operate some European flights today. Due to the situation, the schedules are different from normal and some of the flights will have to be cancelled. “We understand that the situation is testing the patience of our customers. We have had to make [...]

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Finnair’s domestic and European scheduled flights cancelled until noon Thursday

April 22, 2010

Finnair will have to cancel all departing and arrival domestic and European scheduled flights until Thursday 12 p.m. due to the ash cloud spreading from the volcanic eruption in Iceland. It’s probable that flights will need to be cancelled also in the afternoon. Finnair’s long-haul flights will be operated on Thursday as far as possible. [...]

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Berlin to be Global Aviation Capital from 6-8 June

April 22, 2010

Image via Wikipedia The International Air Transport Association (IATA) announced today that Lufthansa will host the IATA Annual General Meeting (AGM) and World Air Transport Summit in Berlin from 6-8 June 2010. “Berlin will become the world capital of the aviation industry for three days. Of the 700 expected delegates, nearly one-third will be the [...]

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Volcano Crisis Cost Airlines $1.7 Billion

April 22, 2010

Image via Wikipedia The International Air Transport Association (IATA) estimated that the Icelandic volcano crisis cost airlines more than $1.7 billion in lost revenue through Tuesday—six days after the initial eruption. For a three-day period (17-19 April), when disruptions were greatest, lost revenues reached $400 million per day. “Lost revenues now total more than $1.7 [...]

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