FULL CREDIT TO IATA
Tucked away in exclusive Geneva in neutral Switzerland, IATA used to operate exactly like a Swiss bank. It appeared to wield huge power over the airline industry by being a faceless almost clandestine organization. All its executives were chauffeured around in limousines and they flew first class around the world staying in the “poshest” of [...]
AUSSIE JUST LOVE CALIFORNIA GRAPES
The perishable forwarders are presently having a great time filling up every available aircraft ex LAX going to the land of wunda, the land down under, Aussie, with tons of sweet, ripe Northern Californian grapes. Qantas has a thirty plus container backlog and general freight is being pushed aside to make way for grapes and [...]
IATA 2009 STATS TELL A SORRY TALE
Demand is falling faster than the airlines park up planes to reduce capacity and the consensus is the bottom has not been reached. It is projected collectively that the 226 member airlines will lose $9 billion this year on $448 billion. The IATA conference now taking place in Kuala Lumpur apparently has more journalists attending [...]
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