IATA promotes Information Technology partnerships

In order to facilitate change that strengthens the air transport industry, the International Air Transport Association (IATA) has encouraged strong Information Technology (IT) partnerships. “IT has changed aviation for the better. Aviation today is a global mass transit system for nearly three billion people and 50 million tonnes of cargo. This is a critical component at the foundation of our global community. We could not deliver this enormous value at an ever expanding scale without the support of IT partners,” said Tony Tyler, Director General and CEO, IATA. The comments were made at the SITA Air Transport IT Summit, in Brussels, Belgium, recently. “We are expecting a razor thin consolidated industry margin of just 0.5 per cent. Even that anaemic profitability faces downside risks of high oil prices and the European sovereign debt crisis. We will be counting on our IT partners to work with us on opportunities to generate revenues, cut costs and improve the bottom line,” said Tyler, as per a release.

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