IATA Warns Against Looming Bankruptcy For Airlines       The world’s airlines are haemorrhaging at the rate of about $300,000 per minute or $13 billion monthly, which could force large swathes of the industry into bankruptcy within months, the International Air Transport Association (IATA) has warned. Its Director-General...

COVID-19: Nigeria Missing As Airlines Get $160bn Aids       The International Air Transport Association (IATA) has disclosed that governments around the world provided $160 billion in COVID-19 support, but Nigeria is missing. The N21bn palliative approved for the industry under the Economic Sustainability Programme is yet to...

COVID-19 Breach: Fed Govt May Fine Airlines $94,500       The Federal Government through the Nigerian Civil Aviation Authority could impose a total penalty of $94,500 on international airlines for breaching COVID-19 safety protocols as established by the Presidential Task Force. Minister of Aviation, Hadi Sirika, said on...

Airlines To Lose $77bn In H2 - IATA       Airlines are on the verge of a looming cash crisis; the International Air Transport Association has said. It warned that the airline industry would lose $77bn in during the second half of 2020 despite the restart of operations,...

Airlines With Operator Certificates To Get Palliatives – NCAA       The Director-General of the Nigerian Civil Aviation Authority, Capt. Musa Nuhu, has said government palliatives will only be cover airlines with valid Air Operator Certificates. Nuhu said this in a media session with journalists on Wednesday. He said,...

Airlines Record 80% Drop In Patronage     Domestic Flight Operations have declined by 80 percent. Findings also showed the airlines recorded 1,934 flights since July 8, 2020 when airports were reopened for commercial flights, after over four months of airports shut down. About 830 delays were recorded while...