Subscribe to our free, weekly email newsletter!



IATA’s new Pacific Rim focus

By Patrick Burnson, Executive Editor
December 06, 2010

The International Air Transport Association (IATA) announced that its Board of Governors has selected Tony Tyler, CEO of Hong Kong-based Cathay Pacific Airways, in a unanimous decision to fill the post of IATA Director General and CEO following the retirement of the current Director General and CEO, Giovanni Bisignani, next year.

For many industry watchers, it’s a long overdue move reflecting the dominance of the Asia Pacific air cargo market.

By IATA’s own reckoning, Asia-Pacific airlines reported a 14.9 percent year-on-year increase in international freight demand, translating to an impressive 22 percent annualized growth rate for the region’s carriers, reflecting the strong economic recovery particularly in China and India. With a 44 percent share of total freight traffic, the growth experienced by Asia-Pacific airlines played a large role in the uptick seen in overall industry freight volumes.

The Board will recommend Tyler’s appointment to IATA’s Annual General Meeting planned for 6-8 June 2011 in Cairo Egypt. Tyler’s duties as the Association’s head are scheduled to commence July 1, 2011.

“The IATA Board agreed to recommend Tony Tyler as the next Director General and CEO of IATA. Tony’s leadership of Cathay Pacific through challenging times prepares him well for the job. His knowledge of Asia will help IATA take advantage of opportunities in the industry’s largest market. And his global experience gives Tony the right perspective for our global association,” said David Bronczek, CEO of FedEx Express and Chairman of the IATA Board of Governors.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

It’s said that innovation will lead the economy out of its current funk. But how does an organization become a perpetually innovative company? That’s one of the questions Kai Engel and his co-authors at A.T. Kearney set out to answer in their new book Masters Of Innovation.

At $2.843, the average price per gallon was down 1.6 cents, following last week’s 1.1 cent drop and a cumulative 7.1 cent cumulative drop over the last five weeks.

LM Group News Editor Jeff Berman caught up with UPS Freight President Jack Holmes at the National Shippers Strategic Transportation Council’s (NASSTRAC) Annual Conference and Exhibition. Berman and Holmes spoke about various aspects of the less-than-truckload sector (LTL), as well as related freight transportation news and trends.

In the third-party logistics (3PL) sector, the ongoing trend of merger and acquisition (M&A) activity never seems to take a break. That is apparent in recent weeks alone, with XPO Logistics recent acquisition of Norbert Dentressangle for $3.53 billion, Echo Global Logistics scooping up Command Transportation for $420 million, and Kuehne+Nagel buying ReTrans for an undisclosed sum.

During this webcast attendees will learn about technology that is delivering real-time tracking on freight and putting an end to the all too common question of “Where’s My Brokered Load?”. Whether you’re a broker, 3PL, shipper, or carrier, find out how you can gain automated, TMS-integrated visibility on all your shipments.

Article Topics

Blogs · Air Cargo · Freight · China · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA