MAP: Mangalore International Airport IXE
Mangalore International Airport, India (IATA: IXE, ICAO: VOML) (formerly Bajpe Airport)
IATA chief says more airline mergers a must
Further mergers among airlines are essential to cut costs and improve competitiveness in an industry seen sustaining combined losses of $2.8 billion US this year, the head of airline industry body IATA said Monday. “Mergers and consolidation is a must. . . . No other industry is so fragmented, so we have to consolidate to [...]
2010 forecast improves for international airline industry – Mar. 11, 2010
The international airline business is improving, said an industry group Thursday, and while losses are still expected for 2010, they should be half the size previously forecast. The International Air Transport Association, a group representing airlines around the world, revised its 2010 projections to a loss of $2.8 billion. It was a very different picture [...]
IATA finalises pact to with several states to lift bilateral restrictions
IATA today debuted what it deems as a landmark agreement among seven states and the European Commission EC pledging to ease restrictions in bilateral aviation agreements that limit market access, pricing and access to capital markets. The “Multilateral Statement of Policy Principles” regarding the implementation of Bilateral Air Service Agreements was signed today during the [...]
