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113. IATA Warns of Global Airline Industry Losses in 2012; Revises Forecasts
IATA has revised its industry outlook. For 2011, profitability remains weak but unchanged at $6.9 billion for a net margin of 1.2%. However looking ahead to 2012, IATA has downgraded its central forecast for airline profits from $4.9 billion to $3.5 billion for a net margin of 0.6%.
114. IATA criticises European Parliament's vote to Bring Aviation into the European Emissions Trading
IATA criticises European Parliament's vote to Bring Aviation into the European Emissions Trading Scheme. IATA has severely criticised the European Parliament's vote to bring aviation into the European Emissions Trading Scheme (ETS).
115. IATA welcomes French Decision to Implement One-Stop Airport Security
IATA welcomes French Decision to Implement One-Stop Airport Security. In France, One-Stop Security for passengers and their hand luggage will be applied to individual airports this year, starting with Lyon and selected terminals at Paris Charles de Gaulle. IATA estimates that this will impact 6 million passengers and save US$30 million a year with no compromise on the quality of se
116. IATA Forecasts US$2.5 billion Loss for 2009
IATA Forecasts US$2.5 billion Loss for 2009. IATAís latest forecast for 2009 predicts an industry loss of US$2.5 billion. All regions, except the US, are expected to report larger losses in 2009 than in 2008. Industry revenues are expected to decline to US$501 billion. This a fall of US$35 billion from the US$536 billion in revenues forecasted for 2008. This drop in revenues is the
117. IATA criticizes Dutch Government's Air Passenger Tax Plans
IATA criticizes Dutch Government's Air Passenger Tax Plans. The International Air Transport Association (IATA) has criticized the Dutch Governmentís plans to impose further taxes on air passengers. The government is planning to tax passengers departing the Netherlands by air as much as Ä45 citing environmental reasons.
118. IATA and Travel Capitalist Ventures Launch NDC Innovation Fund
IATA has partnered Travel Capitalist Ventures, a travel-focused investment firm, to create the NDC Innovation Fund. This fund will support innovation in airline distribution using the New Distribution Capability (NDC) standard. NDC is a travel industry-supported program launched by IATA for the development and market adoption of a new XML-based data transmission standard.
119. IATA welcomes EC VP Tajaniís Single European Sky Priority
IATA welcomes EC VP Tajaniís Single European Sky Priority. The International Air Transport Association (IATA) congratulated Antonio Tajani on his confirmation as Vice President of the European Commission and Commissioner for Transport.
120. IATA welcomes UN Guidelines on Emissions Trading
IATA welcomes UN Guidelines on Emissions Trading. The International Air Transport Association (IATA) welcomed the successful conclusion of a landmark two-week-long meeting of the International Civil Aviation Organization (ICAO)ís Committee on Aviation Environmental Protection (CAEP). Most significantly, CAEP produced international consensus on guidance for states planning to incorp

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