IATA has just released the IATA Airline Industry Forecast 2013-2017 showing that airlines expect to see a 31% increase in passenger numbers between 2012 and 2017.
By 2017 total passenger numbers are expected to rise to 3.91 billion -- an increase of 930 million passengers over the 2.98 billion carried in 2012.
The IATA Airline Industry Forecast 2013-2017 is a consensus outlook for system-wide passenger growth.
Demand is expected to expand by an average of 5.4% compound annual growth rate (CAGR) between 2013 and 2017.
By comparison, global passenger growth expanded by 4.3% CAGR...
US Airways will join oneworld effective March 31, 2014, following completion of its merger with alliance founding member American Airlines. All its regional affiliates, operating under the US Airways Express brand, will also join oneworld at the same time. The move means the carrier will no longer be a member of the Star Alliance. Until the full integration of American Airlines and US Airways – which will see the combined airline retaining the American Airlines name – US Airways and its regional carriers will operate as oneworld affiliate members, under the American umbrella, offering...
All Nippon Airways (ANA) will launch new daily non-stop service between Vancouver and Tokyo Haneda Airport (HND) beginning March 30, 2014, marking ANA's first flight to Canada.
"This new service will offer BC businesses more options to reach customers in central Tokyo, but also throughout Japan and Asia thanks to ANA's strong domestic and international networks," said Craig Richmond, President and CEO, Vancouver Airport Authority.
The new daily service to HND is made possible by recent liberalization to Canada's air-service agreement with Japan.
Originally the main international...
Vancouver Airport (YVR) may be hosting a new low cost carrier, with services in western Canada, if plans by an investment group are realized. The airline, to be called Jetlines, has been slated for launch next fall. It will use an “ultra” low cost business model, whereby fees are charged for almost all services above the cost of the airfare, which will aim to undercut established airlines WestJet and Air Canada. The business model has been a success for airlines like Ryanair in Europe and Allegiant in the US. Canada Jetlines Ltd. is now in hunt for...