Tag Archives: 80th edition

Middle East passenger numbers to reach 530 million by 2043 : IATA

At the opening session of the special media briefing Kamil Alawadhi – Regional VP – Africa and Middle East shared that the Middle East passenger numbers will double reaching 530 million in 2043 and the traffic will grow at an average annual rate of 3.9% over the 2023 – 2043 period. He reiterated that the Middle East annual growth of 0/1% higher than global growth (3.8%). In his presentation he went on to also explain about blocked funds, harmonized regulations and safety and flight operations. In terms of the blocked funds – $1.8billion in blocked finds globally down from $2.3 billion in April 2023. $1.1 billion in AME down from $1.9 billion in April 2023.  

Read More »

Global aviation leaders assemble in Dubai for IATA’s 80th AGM

Global aviation leaders will gather in Dubai for the International Air Transport Association (IATA) 80th Annual General Meeting (AGM) and World Air Transport Summit (June 2-4 2024). The event is being held in the UAE for the first time and hosted by Emirates Airline. Over 1,500 participants are expected to be in attendance, including industry leaders, government officials and media. H.E. Abdulla bin Touq Al Marri, Minister of Economy for the United Arab Emirates is expected to welcome delegates to Dubai with an opening keynote speech to the AGM. “Dubai’s world-leading connectivity places it at the crossroads of the planet. And it will soon be the center of the airline industry’s leadership as it hosts the 80th IATA Annual General Meeting and World Air Transport Summit,” said Willie Walsh, IATA’s Director General. “We look forward to hosting our industry colleagues in Dubai, Emirates’ home and hub. This is a city that has forged its place in global aviation and prospered, thanks to its visionary leaders and progressive policies that recognize air transport’s role as a key economic enabler. In line with this, last year aviation contributed 27% to Dubai’s GDP and supported $37 billion in gross value added. There are always exciting new developments in Dubai, and I hope visiting delegates will get to a chance to experience this buzzing city and the UAE’s renowned hospitality for themselves,” said Sir Tim Clark, President of Emirates Airline. World Air Transport Summit The World Air Transport Summit (WATS) immediately follows the AGM for a comprehensive program addressing the critical issues facing aviation. “The commitment to achieve net zero carbon emissions by 2050 will top the agenda of the 80th IATA AGM and …

Read More »