IATA Says Global Air Passenger Traffic Peaks By 6.5% In 2018 The International Air Transport Association (IATA) has announced global passenger traffic results for 2018, showing that demand rose by a healthy 6.5 per cent compared to full-year 2017. Although this represented a slowdown compared to...

IATA Estimates Global Industry Profit Of $35.5bn In 2019 The International Air Transport Association (IATA) has estimated that the global airline industry net profit will hit $35.5 billion in 2019, slightly above the $32.3 billion expected net profit in 2018. This was revised down from $33.8...

The Global passenger traffic has recorded 11.7 per cent growth in May 2017, showing African airlines leading all regions compared to the results in 2016. Mr Alexandre de Juniac, Director-General of International Air Transport Association (IATA) in Geneva, said in a statement released in Lagos...

Global airlines are expected to post record profits of almost $40 billion this year, the head of industry body IATA said, but he warned the sector faced threats from terrorism, a sharp rise in oil prices and protectionism. Alexandre de Juniac, who took the reins...

The International Air Transport Association (IATA) and The African Union Commission (AU) have signed a memorandum of understanding (MoU) to expand strategic cooperation to further the continent’s economic and social development with the benefits of safe, efficient and sustainable air transport in Africa. The MoU...