African Air Traffic Dips By 98% As IATA Projects Recovery By 2024   The International Air Transport Association (IATA) Tuesday released an updated global passenger forecast showing that the recovery in traffic has been slower than had been expected. In Africa, passengers’ traffic for June fell by...

African Air Travel Market Plunges By 98.7%   Airlines in Nigeria and other African countries hit the rock bottom in the month of April, with passenger traffic dropping by a whopping 98.7 per cent. A regional travel estimate recently released by the International Air Transport Association (IATA),...

World Airlines’ Debt To Hit $550bn By End Of Year     The airline industry’s global debt could rise to $550billion by year-end, the International Air Transport Association (IATA), has said. The debt is a $120billion increase over debt levels at the start of 2020. According to...

African Airlines Traffic Drops By 43%     The International Air Transport Association (IATA) has said that African airlines’ traffic fell by 42.8 per cent in March, which was a huge decline from 1.1 per cent recorded in February. IATA said capacity dropped 32.9 per cent, and load...

Global Passenger Traffic Increases By 3.4% Ahead Of Peak Season   The International Air Transport Association (IATA) yesterday announced global passenger traffic data for October 2019, showing that demand climbed 3.4 per cent compared to the year-ago period. This was a modest slowdown from 3.9 percent growth...

African Carriers Lose $1.54 Per Passenger – IATA   African carriers lose $1.54 for every passenger they carry, the International Air Transport Association (IATA) has said. According to IATA 2018 statistics, African airlines carried 92 million passengers which represents 2.1 per cent of global market share and...