Air industry body IATA sharply upgrades its forecast for the sector and says airlines will make an $US8.9bn profit this year...

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The International Air Transport Association warns governments not to overreact to last week's bomb plot using cargo aircraft....

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The International Air Transport Association says airlines will make record profits this year, but that margins are "pathetic"....

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IATA?s Director of Security and Travel Facilitation says that the next generation of airport security checkpoints should create ?a total security picture of the traveller? rather than relying on ?object finding?.

Speaking at this week?s IATA Global Media Day in Geneva, Kenneth Dunlap said that today?s ?one size fits all? screening process ?has created long lines, inconvenienced passengers, and generally not resulted in higher detection levels of threatening objects?.

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Profits at airlines will drop by almost a third next year, according to a global airline body (IATA)....

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Alan Joyce will today join airline executives from around the world at an industry gathering....

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The International Air Transport Association almost doubles its forecast for losses at European airlines to $1.1bn for 2012...

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Qantas has issued a profits warning and Spanair gone to the wall – with airlines facing multibillion-dollar losses, it's no wonder there are empty seats at this year's IATA conference...

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Asia-Pacific airlines are tipped to make more money than earlier forecasts after the International Air Transport Association yesterday upgraded its 2012 profit guidance for the region by $US300 million ($289m) to $US2.3 billion....

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The International Air Transport Association (Iata) has raised its profits forecast for global airlines in 2012 by a third to $4.1bn, due to efficiencies and consolidation. This is still well below the $8.4bn in profits airlines made last year....

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