'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...
COVID-19: Aviation Sector To Lose $35bn, 3.5m Jobs
The effect of the COVID- 19 on air travel will cost Nigeria and other Africa’s economies 3.5 million aviation jobs, triggering a contraction of continental Gross Domestic Product by $35bn in 2020,
The International Air Transport Association stated...
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
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
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
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...
