Airlines Recorded Slow Traffic Growth In February
Airlines recorded slow growth in passenger demand for the month of February, with total Revenue Passenger Kilometers (RPKs) rising by 5.3 per cent, compared to February 2018.
The International Air Transport Association (IATA), in a global passenger traffic results...
African Airlines Report 5.1 Traffic Rise
African airlines saw January traffic rise 5.1 per cent, up from 3.8 per cent in December.
However, concerns have continued about the region’s largest economies, South Africa and Nigeria.
This was disclosed in the International Air Transport Association (IATA)’s global passenger...
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...
