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IATA Foresees More Job Losses In Aviation — Report

IATA Foresees More Job Losses In Aviation — Report     The International Air Transport Association’s new data indicating the impact of COVID-19 on Africa’s aviation industry and economies has worsened sharply since the previous assessment in April. IATA said African’s aviation would suffer job losses to the...

Airlines To Lose $2bn To COVID-19 – IATA

Airlines To Lose $2bn To COVID-19 - IATA     The International Air Transport Association has asked African governments to unblock bottlenecks ailing air transport and tourism by providing urgently needed financial relief to bail out affected businesses in the sector. It made this recommendation in a statement...

African Air Traffic Dips By 98% As IATA Projects Recovery By 2024

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...

Nigeria Loses N30bn Monthly To International Airspace Closure

Nigeria Loses N30bn Monthly To International Airspace Closure   The Nigerian aviation industry on a monthly basis loses about N30 billion over the continued closure of the international airspace due to the coronavirus pandemic. The losses, borne by the host economy, operating local and international carriers, and...

Nigerian Airlines Lost $2.09bn In Two Months – IATA

Nigerian Airlines Lost $2.09bn In Two Months – IATA     Nigerian airlines lost $2.09bn in April and June, the International Air Transport Association has said. IATA, in its report, titled, ‘Quarantine measures threaten aviation restart in Africa and the Middle East,’ noted that aviation was the worst-hit...

Nigeria’s Aviation Industry Lost $700m – IATA Boss

Nigeria’s Aviation Industry Lost $700m - IATA Boss     Nigeria’s aviation sector has suffered a loss of $700m during the coronavirus pandemic, the Africa Regional Director of the International Air Transport Association, Funke Adeyemi, said on Tuesday. Adeyemi, who said this during a webinar, titled, ‘A national...