Nigeria Loses 20% Passenger Traffic Over Emirates, Etihad Exit       The suspension of Emirates Airlines and Etihad’s withdrawal from Nigerian airspace has cost the country, at least, a 20 per cent decline in international passenger traffic. The Economic Confidential learned that the decline was a major setback...

African Air Traffic Dropped By 66.1% – IATA       The International Air Transport Association has reported a drop in passenger demand in the new year. In a report titled ‘From bad to worse: January passenger demand falls further’, IATA said African airlines’ traffic dropped 66.1 per cent...

Airlines Seek Tax Waiver, Bailout, Others In New Recovery Plan         Worried by the challenges facing global air travel in the COVID-19 era, airlines have drawn up a market stimulation strategy for governments to adopt to enable the industry to recover. The airlines, under the aegis of...

Air Cargo Traffic Records Slow Growth, Rebound         The International Air Transport Association (IATA) has released October data for global air freight markets showing that air cargo demand continues to improve but at a slower pace than the previous month and remains below previous year levels. Global...

World Airlines Rally Governments To Financial, Regulatory Support         World airlines have again hinged the industry’s rebound from the effects of the COVID-19 pandemic on governments’ financial and regulatory support. The airlines, rising from the 76th Annual General Meeting (AGM) of the International Air Transport Association (IATA),...

IATA Predicts $118.5bn Loss For Airlines In 2020/2021         The International Air Transport Association has predicted heavier losses for the aviation industry in 2020 and 2021. According to a report titled ‘Deep losses continue into 2021’, IATA predicted a net loss of $118.5bn for 2020 (higher than...