IATA Sets Global Aviation Safety and Industry Standards

IATA Sets Global Aviation Safety and Industry Standards

The International Air Transport Association (IATA), based in Montreal, is responsible for setting aviation standards, promoting market development, communicating and collaborating with airlines, safeguarding industry interests, and enhancing data and training services. It also focuses on environmental protection and sustainable development.

08/04/2025 Airlines
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Panamas Shipping Industry Warns of Port Oligopoly Threat

Panamas Shipping Industry Warns of Port Oligopoly Threat

Ricardo Lins, president of the Panama National Maritime Authority, urges the country to avoid oligopoly in port management. He emphasizes the need for transparent regulations to attract new shipping companies and investments, strengthen market competition, and ensure long-term development.

08/04/2025 Logistics
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Shipping Industry Grapples With Rising BAF Fuel Costs

Shipping Industry Grapples With Rising BAF Fuel Costs

BAF (Bunker Adjustment Factor) is a fee established by shipping companies to address fluctuations in fuel prices. By dynamically adjusting this fee, companies can manage cost changes. Combined with the IMO's low-sulfur fuel policy, BAF impacts logistics costs on shipping routes. Flexport has incorporated BAF into its rates to provide clients with a more transparent fee structure and better budget management.

Aviation Industry to Boost Global Economy by 2025

Aviation Industry to Boost Global Economy by 2025

In 2025, the global aviation industry is expected to surpass five billion passengers for the first time, projecting a net profit of $36.6 billion, which will drive global economic growth and increase employment opportunities. The IATA highlights that the recovery of the aviation sector goes hand in hand with decarbonization investments, demonstrating its vital role in the modern economy.

08/06/2025 Logistics
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Aviation Industry Leverages Passenger Data for Business Growth

Aviation Industry Leverages Passenger Data for Business Growth

This report highlights the importance of analyzing passenger booking data in the aviation market. The data, which is comprehensive and frequently updated on a global scale, provides airlines with insights into origin analysis and average fares. This information aids in market decision-making and the optimization of business strategies.

08/06/2025 Logistics
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