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 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...
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...
