Global Airfare Pricing Standardized Under IATA Exchange Rates

Global Airfare Pricing Standardized Under IATA Exchange Rates

The IATA Rate of Exchange (IROE) is a crucial tool for airlines in constructing international airfares. It provides a monthly updated industry-standard exchange rate, used to build local currency fares based on the Neutral Unit of Construction (NUC). This minimizes losses from currency fluctuations, enhances fare calculation efficiency, and reduces settlement disputes. It's suitable for technical personnel and managers. Available in TXT or CSV formats, and offers member discounts. It is essential for accurate and efficient international ticket pricing and currency conversion within the airline industry.

01/05/2026 Exchange Rate Query
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New IATA Course Aims to Optimize Aviation Fuel Efficiency

New IATA Course Aims to Optimize Aviation Fuel Efficiency

The IATA 'Aviation Fuel Essentials' course aims to equip participants with a comprehensive understanding of aviation fuel technical specifications, pricing and procurement strategies, sustainable aviation fuel (SAF) development trends, and fuel efficiency improvement methods. Through this course, participants will be able to effectively reduce aviation fuel costs, improve airline operational efficiency while ensuring safety, and contribute to the sustainable development of the aviation industry. The course covers key aspects of fuel management, enabling informed decision-making and strategic planning for optimized fuel consumption and cost control.

01/20/2026 Logistics Industry Insights
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SAS Joins Skyteam Ending Star Alliance Era

SAS Joins Skyteam Ending Star Alliance Era

Scandinavian Airlines (SAS) joining SkyTeam prompts reflection on the shifting landscape of airline alliances. This analysis examines the evolution of airline alliances, regional capacity share disparities, and SAS's strategic considerations and future opportunities. While this alliance switch doesn't fundamentally disrupt the existing order, it presents new challenges for airport operators and related alliances. The European aviation market may face increased volatility as a result. The move highlights the dynamic nature of airline partnerships and their impact on market competition and consumer choices.

01/07/2026 Logistics Industry Insights
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Oags Traffic Analyser Enhances Aviation Market Intelligence

Oags Traffic Analyser Enhances Aviation Market Intelligence

OAG launches Traffic Analyser in collaboration with Travelport, offering detailed airline booking data analysis. This includes passenger volumes, load factors, and route information. The tool provides valuable insights for understanding travel demand, identifying market trends, and optimizing airline operations. It empowers users to make data-driven decisions based on comprehensive and reliable aviation intelligence, ultimately improving profitability and strategic planning in the competitive airline industry. The partnership leverages Travelport's extensive booking data to provide a robust and accurate analysis platform.

01/15/2026 Logistics Industry Insights
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Global Airlines Adopt AI to Transform Aviation Industry

Global Airlines Adopt AI to Transform Aviation Industry

The International Air Transport Association (IATA) has launched the 'Airline AI Network' to establish a knowledge-sharing community for airline data and AI professionals. Through quarterly calls, annual events, and regular newsletters, the network aims to foster communication and collaboration among members. It will explore applications of artificial intelligence within the aviation industry. The first in-person gathering is planned for April 2026 in Singapore, further deepening exchange and cooperation. The initiative seeks to accelerate AI adoption and innovation across the airline sector by connecting experts and facilitating the sharing of best practices.

01/20/2026 Airlines
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Boeing 747 Freighter Faces Challenges As Two Aircraft Delivered to Russian Airline

Boeing 747 Freighter Faces Challenges As Two Aircraft Delivered to Russian Airline

Boeing has leased two 747 freighters to AirBridgeCargo after order cancellations, highlighting challenges in maintaining the 747 production line. With declining orders, Boeing is forced to slow down production, and the market outlook is concerning. Although the 747-8 freighter still offers high cargo capacity, there is an urgent need to actively seek new customers to address the harsh market conditions.

07/21/2025 Airlines
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Amazons Pricing Strategy Drives Sales Growth

Amazons Pricing Strategy Drives Sales Growth

This article delves into the traffic and sales changes during the price increase phase of creating Amazon's spiral bestseller, breaking the myth of the 'traffic pool' and revealing the real reasons for declining sales. It provides coping strategies from a global perspective to help sellers achieve sales growth against the trend in a highly competitive market. The analysis focuses on understanding the impact of price adjustments on traffic and conversion, offering actionable insights for optimizing pricing strategies and maintaining sales momentum.

01/06/2026 Logistics Industry Insights
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Freight Pricing Explained Understanding Dimensional Weight

Freight Pricing Explained Understanding Dimensional Weight

This article explains the difference between bulky goods and heavy goods in a simple and accessible way. It details core concepts such as actual weight, volumetric weight, and billable weight, and analyzes calculation methods for air and sea freight using examples. Furthermore, it shares practical tips to avoid logistical pitfalls, helping you navigate logistics billing with ease. This guide provides insights into understanding and optimizing your international shipping costs.

12/30/2025 Logistics Encyclopedia
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A Surge in Airline Cargo Collaboration: A New Trend Driving Global Logistics Development

A Surge in Airline Cargo Collaboration: A New Trend Driving Global Logistics Development

The international air freight sector is experiencing a wave of cooperation. Ezhou Huahu International Airport has signed agreements with several airlines, highlighting the importance of collaboration among aviation companies. By integrating resources, businesses can enhance transport efficiency and expand market reach. In recent years, the number of routes has increased, particularly in the Southeast Asian and North American markets.

07/17/2025 Logistics
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