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

The trend of rising weekly diesel prices remains intact, with the Department of Energy’s Energy Information Administration (EIA) reporting this week that the average price per gallon of diesel gasoline increased 1 cent to $2.914 per gallon.

When the United States House of Representatives last week voted extend current law and authorizes surface transportation programs through the end of July by a steep margin, it was widely expected that the United States Senate and follow their lead. That is exactly what happened on Friday, May 22, with the measures headed to President Obama to be signed into law.

For the month of April, Cass and Avondale found that truckload rates in April, which measures truckload linehaul rates paid during the month, were up 3.8 percent annually, while intermodal dropped 1.9 percent annually during the same period.

Following the Pacific Maritime Association (PMA) signing off on ratifying a new five-year contract with the International Longshore & Warehouse Union (ILWU) on May 20, the ILWU followed suite on May 22, saying that 82 percent of its longshore worker members voted to ratify the tentative contract agreement between the parties that was reached on February 22.

Straying from its typical seasonal trajectory, United States-bound waterborne shipments dipped from March to April, according to data recently issued by Panjiva, an online search engine with detailed information on global suppliers and manufacturers.

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