Inside these posts: International Air Transport Association

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Mishandled airline baggage rate rises in 2010

Luggage sitting inside Terminal 8 at JFK International Airport in New York. (AP Photo/Rick Maiman)

Over one percent of airline passengers last year had their luggage go astray and fail to turn up at their arrival airport when they did, the major IT solutions supplier to the air travel industry said on Wednesday.

That translated to nearly 12 in every 1,000 passengers. Get the full story »

Asian, Latin carriers take lead among airlines

The world’s five biggest airlines by market value now hail from Asia and Latin America, highlighting the industry’s shift away from the U.S. and Europe to higher-growth countries, the International Air Transport Association said Tuesday.

Based on its share price, Air China is twice the size of either Delta in the U.S. or Germany’s Lufthansa, indicating that markets expect future revenue growth to be strongest in Asia, IATA said. Get the full story »