IATA Predicts 13.13% Rise In Airlines’ Profits
The International Air Transport Association says the global airline industry will have a 13.13 per cent increase in net profit this year.
The association forecast that the industry would produce a net profit of $29.3bn in 2020, improved over...
Global Passenger Traffic Increases By 3.4% Ahead Of Peak Season
The International Air Transport Association (IATA) yesterday announced global passenger traffic data for October 2019, showing that demand climbed 3.4 per cent compared to the year-ago period.
This was a modest slowdown from 3.9 percent growth...
African Carriers Lose $1.54 Per Passenger – IATA
African carriers lose $1.54 for every passenger they carry, the International Air Transport Association (IATA) has said.
According to IATA 2018 statistics, African airlines carried 92 million passengers which represents 2.1 per cent of global market share and...
Nigerian Carriers, Others Record 2.1% Traffic Increase
The International Air Transport Association says Nigerian airlines as well as other African airlines recorded a 2.1 per cent traffic increase in May.
The association said the increase rose from just 1.1 per cent growth in April, adding that...
IATA Advises FG On Airport Concession
The International Air Transport Association (IATA) has advised the federal government to be careful in its plan to concession the nation’s airports, saying the objective of having modern infrastructure at the airports may not be realised if the facilities...
Trade Disputes Impacting Air Travels, Says IATA
The International Air Transport Association (IATA) has observed that the falling global trade occasioned by trade disputes is impacting on passenger traffic.
This observation was made as the global body announced global passenger traffic results for April, 2019, showing...
