The International Air Transport Association (IATA) Airline Industry Forecast 2014-2018 shows that international freight volumes are expected to increase at a compound annual growth rate (CAGR) of 4.1% over the next five years. Emerging economies, particularly in the Middle East and Africa, will be the fastest-growing markets.
Following a disastrous 2014 winter travel season that saw 136,649 flights cancelled across the U.S., according to FlightView data, travelers want airlines, agents and travel management companies to completely revamp how they manage major travel disruptions.
U.S. scheduled passenger airlines employed 384,478 workers in August 2014, 1.0 percent more than in August 2013, the U.S. Department of Transportations Bureau of Transportation Statistics (BTS) reported today. August was the ninth consecutive month that full-time equivalent (FTE) employment for U.S. scheduled passenger airlines was higher than the same month of the previous year.
The International Air Transport Association (IATA) announced progress in the implementation of Fast Travel in the Asia-Pacific region. Qantas Airways has achieved Platinum status for Fast Travel implementation, while Narita International Airport Corporation has engaged IATA to conduct a study on the implementation of Fast Travel at Tokyos Narita Airport.
The International Air Transport Association (IATA) released its first 20-year passenger growth forecast, projecting that passenger numbers are expected to reach 7.3 billion by 2034. That represents a 4.1% average annual growth in demand for air connectivity that will result in more than a doubling of the 3.3 billion passengers expected to travel this year.
In the sprawling United States economy, the types of jobs that define entire regions are as a diverse as the geographies that shape borders and the people who live within them. Simply put, there are some jobs you can only seem to find in certain places. Using a measurement called location quotient (LQ), CareerBuilder and Economic Modeling Specialists Intl. reveal the occupation that is most unique to each state through 2013.
The U.S. Department of Transportations Bureau of Transportation Statistics (BTS) reported today that U.S. airlines carried 71.8 million systemwide (domestic and international) scheduled service passengers in July 2014, 3.8 percent more than in July 2013. The systemwide total was the result of a 4.0 percent increase in the number of passengers on domestic flights (61.7 million) and a 2.2 percent increase in passengers on U.S. airlines international flights.