General Travel News

Qatar Airways CEO attacks IATA for lack of transparency

SINGAPORE – Qatar Airways Chief Executive Officer Akbar Al Baker sparked off a tense debate about the structure of airline industry body IATA and its finances during a conference of airline bosses in Singapore this week.

In a dramatic early session of IATA’s annual general meeting, the International Air Transport Association came under fire for appearing to be “run for the few, by the few” and lacking full transparency.

Al Baker led a vocal onslaught by a number of international airlines over IATA’s failure to show clear transparency in its processes. 

He questioned the auditing process for IATA’s 2010 financial statement, and later questioned the “surprise” nomination of Etihad Chief Executive Officer James Hogan to fill the extra seat created to broaden the representation of carriers from the Middle East on IATA’s board.

Al Baker highlighted some of IATA’s expenditure, including US$18 million on travel, US$58 million on data processing and IT and US $29 million on outsourcing and consultancy. He called on IATA to justify “such large sums spent on travel” and the processes by which consultant and outsourcing contracts were awarded.

Al Baker backed a motion for IATA to reconsider the appointment of its auditors, having been unconvinced about the industry body’s financial accounts and auditing process.

Regarding the nomination of Hogan, Al Baker told the AGM: “We believe such issues should not be surprises. Firstly, such decisions should be transparent and secondly, if geographical representation is the basis of the composition of the board, the regional airlines involved should be informed in advance of their regional allotments so that they can coordinate who should represent them.”

Emirates called for greater dialogue to ensure IATA was more transparent while International Airlines Group, the holding company of British Airways, sought clarity on the entire voting process of board members.

More General Travel News
Saudi Arabian Airlines wins best stand design award at Arabian Travel Market 2022
flydubai to operate some flights from Dubai World Central during runway refurbishment project at Dubai International
South Korea Pavilion among top five at Expo 2020 Dubai
Latest Travel News
flydubai to operate some flights from Du...
South Korea Pavilion among top five at E...
Collect souvenirs from the first Emirate...
Featured Sights To See
Al Faisaliyah Center

Al Faisaliyah Center

Riyadh, Saudi Arabia

This commercial skyscraper is the second tallest building in Saudi Arabia (after the Kingdom Center) and is located in the business district of Riyadh. It contains a shopping center with international brands at its base and a viewing deck on higher floors, as well as a luxury hotel and numerous restaurants. The tower is most famous for the glass globe near its summit. ...

Östermalm

Östermalm

Stockholm, Sweden

Östermalm is an affluent commercial and residential area. The part closest to the city center, around the Stureplan square, is the place for upmarket shopping as well as nightclubs and bars for the jet set and those who seek their company. ...

The Kowloon Walled City Park

The Kowloon Walled City Park

Hong Kong, China

The Kowloon Walled City Park is a beautiful lush park where both tourists and residents go to unwind and find peace from all the chaos of Hong Kong.  ...

El Avila National Park

El Avila National Park

Caracas, Venezuela

Address: foot of Mount Avila, north of El Centro district Located on the foothills of Mount Avila and stretching all the way up to the very top, El Avila National Park offers an exciting recreational opportunity for you when you get saturated with the car-clogged roads and the shopper-infested malls of the city. The park contains cable cars that take you up to the very top. A 15-20 minutes ...