Rising Passenger Traffic Drags Air Cargo Demand Lower
Global air cargo demand suffered a setback in March 2026, falling by 4.8 per cent year-on-year, even as passenger traffic continued its upward climb with a 2.1 per cent increase over the same period. This is according...
The International Air Transport Association (IATA) has warned that global jet fuel supply may take months to recover even if the Strait of Hormuz reopens under the US‑Iran ceasefire agreement.
Domestic Airlines Generate $449.7m in GDP Yearly - IATA
Domestic airlines are contributing significantly to the nation’s economy, with a direct impact of $449.7m annually and the creation of 29,900 jobs, according to the International Air Transport Association (IATA).
The data, contained in IATA’s recent report...
Nigerian Passport Hits 5-Year High, Climbs to 88th Globally
The Nigerian passport has achieved its strongest position in five years, moving up to 88th place out of 199 countries in the latest Henley Passport Index released on July 18.
The index is updated regularly based on...