Despite a year-over-year doubling of the commercial aviation fatal accident rate, rolling averages show global airlines are continuing to reduce safety risks.
Cerda has been with IATA since 1996, a familiar figure in Latin American and Caribbean aviation lobbying governments on behalf of the region’s airlines.
IATA's Cerdá says the accident underscores the need for ongoing investment in safety, workforce development and modernization of air traffic management systems.
High levels of taxation on airline tickets are preventing the Carribean air transport market from reaching its full potential, according to IATA's Peter Cerda.
The UK government wants to increase the fee for its newly introduced Electronic Travel Authorization (ETA) by 60% in a move that IATA described as “bewildering.”
The certification came as Southwest formally signed an agreement with Icelandair, making the North Atlantic airline its first interline partner carrier.
IATA estimates $965 billion in revenue for the global airline industry in 2024; for 2025, revenues are forecast to exceed $1 trillion for the first time ever.