Air Travel Increased By 68% In August – IATA   The International Air Transport Association (IATA) has said that air traffic increased 67.7 per cent in August 2022, when compared to what was recorded in the same month in 2021. IATA also stated in its air traffic...

Despite Global Rebound, Air Travel Demand Drops By 62.25%   African airlines have recorded a 62.2 per cent decline in passenger traffic demand despite a moderate improvement globally. The International Air Transport Association (IATA), yesterday, announced a moderate rebound in air travel in September 2021 compared to...

COVID-19: Airfares Fluctuate Amid Second Wave         The cost of air tickets along several routes have reduced as business activities have resumed for the New Year. The decrease in the price regime was reflected by several carriers on flights for one-way trips from Lagos to Abuja. Before now,...

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...

Air Travel Earns $1.7bn Annually, Create 341,000 Jobs       Contribution of the air travel sector to the country’s Gross Domestic Product (GDP) has been put at $1.7 billion yearly, with at least 341,000 direct jobs. The Commissioner of the Accident Investigation Bureau (AIB) Nigeria, Akin Olateru, made...

Oil Demand To Drop 8m Barrels As Air Travel Dips     The International Energy Agency, IEA, has warned that demand for oil will plummet by 8.1 million barrels per day (bpd) in 2020 due to reduced air travel occasioned by the Coronavirus (COVID-19) pandemic. This is...