gfiles magazine

July 15, 2016

IATA’s Dublin AGM : Blocked funds raise concerns

Historic Royal Dublin Society was aesthetically decorated in the first week of June to host the 72nd International Air Transport Association (IATA) annual general meeting (AGM) at Dublin, Ireland. $709 billion Air Industry with an estimated profit $39.4 billion this year and representing over 260 airlines accounting for 83 per cent of global air traffic, Dublin AGM was splendid by all means. Air should make more money than previously expected this year, helped by low oil prices and effort by airlines to fill planes and drive ancillary revenues.  This was the second time the IATA AGM was organised in Ireland—the first being in 1962.

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