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145. 2019 Worst Year for Air Cargo Since End of Global Financial Crisis in 2009
Worst Year for Air Cargo Since End of Global Financial Crisis in 2009 IATA's full-year 2019 data for global air freight markets shows that demand, measured in freight tonne kilometers (FTKs), fell by 3.3% when compared to 2018, while capacity (AFTK) rose by 2.1%. This was the first year of declining freight volumes since 2012, and the weakest performance since the global financial
146. Korean Air to Sell Land and Assets
Korean Air has unveiled a number of actions it is taking designed to improve its financial position and increase corporate transparency. As part of the plans, Korean Air is selling its land and building in the center of Seoul, Songhyeon-dong, and its stakes in Wangsan Leisure Development Co. Ltd., a leisure company that operates the Wangsan Marina resort in Incheon.
147. Aviation: Slower But Steady Growth in 2019
IATA's full-year global passenger traffic results for 2019 show that demand (revenue passenger kilometers or RPKs) rose by 4.2% compared to the full year of 2018. Asia-Pacific airlines’ full-year traffic increased 4.5% in 2019, which was a large decline compared to 8.5% growth in 2018. This reflected the impact of the US-China trade war as well as weakening business confidence and
148. IHG opens Holiday Inn Soweto Freedom Square
IHG opens Holiday Inn Soweto Freedom Square. InterContinental Hotels Group recently expanded its presence in South Africa by launching its Holiday Inn brand in the township of Kliptown, Soweto, an urban area in the South African city of Johannesburg. Built at a cost of US$3.4 million, Holiday Inn Soweto Freedom Square opened doors to guests on 29 October 2007.
149. JAL Otobutai 2006 to be held at Kyoto’s Tofuku-ji Temple
JAL Otobutai 2006 - 19th Japan Airlines’ Unique Musical Event to be held at Kyoto’s Tofuku-ji Temple.
150. Air Transport Industry Safety Performance in 2018
In 2018, more than 4 billion passengers worldwide were carried safely on 38 million flights. There were 13 major accidents involving commercial airline operations, which resulted in a total of 523 fatalities. This represented an overall loss rate of one major accident for every three million flights.
151. First Live Test of “IATA Pay” Ticket Purchase Transaction
IATA has successfully completed the first “IATA Pay” ticket purchase transaction in a live test environment. The transaction was conducted in partnership with ipagoo, an UK-based fintech company.
152. Aurigny Confirms Order for Three ATR 72-600
Aurigny has confirmed an order for three ATR 72-600 aircraft, following approval from the States of Guernsey. The first aircraft will be delivered in August 2019 and all three will be equipped with the ClearVision Enhanced Vision System (EVS).

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