African Air Cargo Demand Surges Amid Global Downturn
Air cargo demand and movement have recorded a surge in the African region, though global demand still remains weak on account of the COVID-19 aviation disruptions.
The International Air Transport Association (IATA) in the September data for global...
Airlines, Workers Seek Help To Save 4.8 Million Jobs
Amidst the ravaging COVID-19, the International Air Transport Association (IATA) and the International Transport Workers’ Federation (ITF) on Tuesday called for urgent government intervention to prevent “an employment catastrophe in the aviation industry.”
Estimates from the Air...
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...
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,...
Foreign Air Traffic Shows No Signs Of Recovery
About a month after international flight operations resumed in Nigeria and other countries, air traffic is not showing signs of recovery, suggesting global traveller apathy and adverse impact of border restrictions.
In the African region, for instance, African...
'African Airlines’ Traffic Declines By 90%'
The International Air Transport Association (IATA) has said African air travel fell by 90 per cent in August, with a forecasted 66% drop in global travels by 2020 compared to 2019.
The previous estimate was for a 63% decline.
In its...
