IATA's Tyler Makes Case for Airlines' Rights
IATA's Tony Tyler calls on aviation stakeholders to work together.
IATA director general and CEO Tony Tyler
IATA director general and CEO Tony Tyler

New IATA director general and CEO Tony Tyler used his first speech in the U.S. to emphasize the importance of cooperation and innovation among aviation’s stakeholders and to urge governments to take advantage of the industry’s ability to drive economic growth.

But despite aviation’s value, the industry’s ability to turn profits remains a challenge, Tyler told the International Aviation Club in Washington, D.C., on November 9.  “2010 was one of the best years we ever had,” he said. “Airlines made a collective $15.8 billion. But our margin was a meager 2.9 percent.” This year, he added, "IATA expects airlines to turn a $6.9 billion net profit on revenues of $594 billion, for a resulting margin of 1.2 percent.”

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