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Don’t Allow Aviation To Fail, IATA Charges Nigeria

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%

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...

Cargo To Save Local Airlines Amid Global Slump, Crises

Cargo To Save Local Airlines Amid Global Slump, Crises   Local airlines have been urged to shift focus to air cargo operations to enhance the chances of survival during the current restriction in passenger services and the difficult recovery that lies ahead. Industry experts said the airlines...

Airlines Projected Revenue Loss Increases To $314bn

Airlines Projected Revenue Loss Increases To $314bn     The International Air Transport Association says airline passenger revenues drop has risen to $314bn as impact of COVID-19 bites harder. IATA, in its updated analysis on Tuesday, said airlines would record a 55 per cent decline in revenue compared...

African Carriers Record 6.2% Freight Spike Amid Global Slump

African Carriers Record 6.2% Freight Spike Amid Global Slump     Amid the global disruption in air movement, African airlines have sustained a positive air cargo volume and an increase in demand ahead of other regions. The estimate for the month of February – the onset of the...

Covid-19 To Cost Nigeria $760m, 91,380 Aviation Jobs

Covid-19 To Cost Nigeria $760m, 91,380 Aviation Jobs   The impact of coronavirus disease pandemic on aviation countries was again measured yesterday with Nigeria recording one of the largest potential losses in the continent. The temporary restriction of all flights, according to the International Air Transport Association...