Corporate Affairs
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Iata welcomes aviation-related outcomes from COP26 climate summit
The global representative body of the airline industry, the International Air Transport Association (Iata), has welcomed decarbonisation commitments made by countries at the COP26 climate summit, held in Glasgow in the UK. The association also urged that aviation decarbonisation efforts be underpinned by government policies that were practical and effective. “Airlines are on the pathway to net-zero carbon emissions, in line with the Paris [climate] agreement,” highlighted Iata director-general Willie Walsh. “We all want the freedom to fly sustainably. Reaching net-zero emissions will be a huge task requiring the collective effort of industry and support from governments.”
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Iata welcomes aviation-related outcomes from COP26 climate summit
The global representative body of the airline industry, the International Air Transport Association (Iata), has welcomed decarbonisation commitments made by countries at the COP26 climate summit, held in Glasgow in the UK. The association also urged that aviation decarbonisation efforts be underpinned by government policies that were practical and effective. “Airlines are on the pathway to net-zero carbon emissions, in line with the Paris [climate] agreement,” highlighted Iata director-general Willie Walsh. “We all want the freedom to fly sustainably. Reaching net-zero emissions will be a huge task requiring the collective effort of industry and support from governments.”
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Iata reports optimism in global airline industry
Worldwide, airline CFOs and Heads of Cargo are displaying strong optimism regarding profits and air passenger and cargo demand. This is the outcome of a survey by the sector’s global representative body, the International Air Transport Association (Iata), conducted in mid-October and published in the association’s Airline Business Confidence Index: October 2021 Survey. Regarding profitability, the improving trend, previously noted by Iata, continued during the three months covered by the new survey. Of the respondents, 85% reported that either their profits had increased or that their losses had reduced. In the July 2021 survey, the equivalent figure had been 72%. The driving forces behind this trend were strong cargo traffic, and rebounding passenger revenues (off a very low base) resulting from reduced travel restrictions.
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Iata reports optimism in global airline industry
Worldwide, airline CFOs and Heads of Cargo are displaying strong optimism regarding profits and air passenger and cargo demand. This is the outcome of a survey by the sector’s global representative body, the International Air Transport Association (Iata), conducted in mid-October and published in the association’s Airline Business Confidence Index: October 2021 Survey. Regarding profitability, the improving trend, previously noted by Iata, continued during the three months covered by the new survey. Of the respondents, 85% reported that either their profits had increased or that their losses had reduced. In the July 2021 survey, the equivalent figure had been 72%. The driving forces behind this trend were strong cargo traffic, and rebounding passenger revenues (off a very low base) resulting from reduced travel restrictions.
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Recognition of foreign truck driving permits to end soon
The Department of Transport (DoT) anticipates that foreign nationals will soon be unable to drive South African-registered trucks while in possession of foreign professional driving permits (PDPs). The DoT in April published an amendment to the Road Tr…
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Forklifts delivered to liquor logistics company
Industrial equipment distributor Shumani Industrial Equipment has completed the delivery of 54 forklifts to logistics service provider Liquor Runners for use at a major beer producer in South Africa. This large-scale contract serves to consolidate the company’s position as an equipment supplier in the food and beverage industry, says Shumani Industrial Equipment MD Victor Nemukula.
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Taxi industry welcomes proposed single ticketing system
The National Taxi Alliance (NTA) welcomes the proposed roll-out of a single integrated ticket that can be used across all modes of public transport, says NTA spokesperson Theo Malele. He believes that such a system will create “healthy competition” in the public transport space.
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Recognition of foreign truck driving permits to end soon
The Department of Transport (DoT) anticipates that foreign nationals will soon be unable to drive South African-registered trucks while in possession of foreign professional driving permits (PDPs). The DoT in April published an amendment to the Road Tr…
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Forklifts delivered to liquor logistics company
Industrial equipment distributor Shumani Industrial Equipment has completed the delivery of 54 forklifts to logistics service provider Liquor Runners for use at a major beer producer in South Africa. This large-scale contract serves to consolidate the company’s position as an equipment supplier in the food and beverage industry, says Shumani Industrial Equipment MD Victor Nemukula.
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Taxi industry welcomes proposed single ticketing system
The National Taxi Alliance (NTA) welcomes the proposed roll-out of a single integrated ticket that can be used across all modes of public transport, says NTA spokesperson Theo Malele. He believes that such a system will create “healthy competition” in the public transport space.