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May 28, 2015 4:19 PM ET

Commercial Services and Supplies

Company Overview of International Air Transport Association

Company Overview

International Air Transport Association is a trade association that offers consulting services to the airline industry. The association provides fleet and sales planning, airport operations management, cargo security and capacity management, aviation security, tenders evaluation, and airspace planning services. Additionally, it offers revenue management and pricing, billing, accounting, financing, and currency clearance services. The association focuses on fuel conservation, sourcing and procurement, supply chain management, and business intelligence services. It publishes analysis and statistical reports and provides training programs focusing on finance, accounting, and revenue and securit...

800 Place Victoria

Montreal, QC H4Z 1M1


Founded in 1945





Key Executives for International Air Transport Association

Senior Vice President of Industry Distribution and Financial Services
Director General Emeritus
Age: 68
Regional Vice President of Africa
Chief Economist
Senior Vice President of Safety, Operations, and Infrastructure
Compensation as of Fiscal Year 2014.

International Air Transport Association Key Developments

The International Air Transport Association and United Nations Economic Commission for Europe Signs Memorandum of Understanding to Strengthen and Develop Countries Seeking to Implement the World Trade Organization Trade Facilitation Agreement

The International Air Transport Association (IATA) and the United Nations Economic Commission for Europe (UNECE) signed a Memorandum of Understanding (MoU) to strengthen their support to developing countries seeking to implement the World Trade Organization (WTO) Trade Facilitation Agreement. The Agreement promises enormous potential for countries to reduce transport costs by up to 10% through more efficient facilitation, making them more competitive in the global economy. Specifically for air cargo, countries implementing the Agreement will need to build capacity to facilitate automated and smart border solutions and secure supply chain processes. Through the MoU, IATA and UNECE will help developing countries implement the relevant measures to realize the costs savings.

International Air Transport Association Provides Earnings Guidance for the Fiscal Year of 2014 and 2015

International Air Transport Association Provided earnings guidance for the fiscal year of 2014. For the period, the company expects airlines to post collective net profits of $19.9 billion in 2014, up from a previous forecast of $18.0 billion provided in June. Return on invested capital expected up from 6.1% for 2014. For the year 2015, the company expects combined net profits to increase 25% to $25 billion in 2015. On a per passenger basis, IATA expects airlines to post a net profit of $7.08 in 2015, up from $6.02 forecast for 2014 and more than double earnings of $3.38 set in 2013. Return on invested capital (ROIC) is forecast to rise to 7% in 2015.

International Air Transport Association Presents at 7th Annual Aviation Outlook Asia 2014, Oct-29-2014 09:30 AM

International Air Transport Association Presents at 7th Annual Aviation Outlook Asia 2014, Oct-29-2014 09:30 AM. Venue: Suntec International Convention & Exhibition Centre, Singapore. Speakers: Yanik Hoyles, Director of New Distribution Capability Program.

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