COVID-19: Nigeria Missing As Airlines Get $160bn Aids
The International Air Transport Association (IATA) has disclosed that governments around the world provided $160 billion in COVID-19 support, but Nigeria is missing.
The N21bn palliative approved for the industry under the Economic Sustainability Programme is yet to...
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,...
COVID-19 Will Dip Africa’s GDP By $37bn - IATA
The International Air Transport Association (IATA) has warned that the damage being done to the African aviation industry and the continent’s economies because of COVID-19 will trigger a dip in the continent’s Gross Domestic Product (GDP)...
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...
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...
