IATA Unveils Future Plans

10 June 2010 (Last Updated June 10th, 2010 18:30)

The International Air Transport Association (IATA) has unveiled its climate friendly vision for the aviation industry in 2050. The goals were announced at the 66th IATA annual general meeting and world air transport summit in Berlin, Germany. As part of future plans, the indus

The International Air Transport Association (IATA) has unveiled its climate friendly vision for the aviation industry in 2050.

The goals were announced at the 66th IATA annual general meeting and world air transport summit in Berlin, Germany.

As part of future plans, the industry will focus on achieving zero accidents, reducing carbon footprint, eliminating queues with integrated systems, reducing delays, consolidating the industry's global brands and delivering value to investors.

The IATA's director general and CEO Giovanni Bisignani said that airlines are expected to post a profit of $2.5bn in 2010.

Bisignani has recommended the industry increases profitability, reshapes infrastructure, finds sustainable alternatives for aircraft fuel and enhances customer satisfaction.