50% Of Airlines To Go Bankrupt Without Bailout By July End     At least one in every two airlines is now at risk of collapse given the dearth of lifesaving financial supports, the International Air Transport Association (IATA), has said. IATA, the clearing house for over 280...

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...

IATA Outlines Approach To Re-start Industry     The International Air Transport Association (IATA) has published a Bio-security for Air Transport Roadmap for Restarting Aviation industry amid the COVID-19 crisis. The road map, according to its Director-General/Chief Executive Officer, Alexande de Juniac, outlined the group’s proposal for a...

Don’t Allow Aviation To Fail, IATA Charges Nigeria     The International Air Transport Association on Thursday charged Nigeria not to allow its aviation sector to fail. This followed the announcement by the Federal Government that the country’s aviation sector was losing over N17bn monthly due to the...

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...