HomeTagsIATA

Tag: IATA

Aviation Minister Urges Visa Restrictions Removal for Africa’s Business Growth

Aviation Minister Urges Visa Restrictions Removal for Africa’s Business Growth The Minister of Aviation & Aerospace Development, Festus Keyamo, has called on the governments of African countries to take urgent steps in facilitating the removal of visa restrictions to enable the free movement of people...

IATA Praises Nigeria Over Swift Clearance of $831m Backlog

IATA Praises Nigeria Over Swift Clearance of $831m Backlog The International Air Transport Association (IATA) has praised the Nigerian government for its swift action in clearing the backlog of foreign airlines’ trapped funds, amounting to over $831million. This commendation was delivered by IATA’s Regional Vice President...

CBN Pays Off $831m Foreign Airlines’ Trapped Funds – IATA

CBN Pays Off $831m Foreign Airlines’ Trapped Funds – IATA The International Air Transport Association (IATA)  has confirmed that the Central Bank of Nigeria has cleared foreign airlines trapped funds worth $831m from June last year to date. The Geneva, Switzerland-based IATA said the development had...

Nigeria, Saudi Arabia Set to Resume Cargo Flight

Nigeria, Saudi Arabia Set to Resume Cargo Flight The Minister of Aviation and Aerospace Development, Festus Keyamo, has announced that Nigeria is set to resume cargo flight with Saudi Arabia. Mr Keyamo made this known during the presentation of his ministerial achievement at the special first...

Nigerian, African Airlines Cargo Demand Rises 20% in One Months 

Nigerian, African Airlines Cargo Demand Rises 20% in One Months  The International Air Transport Association report says African airlines has seen a 22 per cent year-on-year demand growth for air cargo in February—the strongest among all regions. The intra-Africa trade lane showed 42.3 per cent year-on-year...

Ticket Revenue: CBN, Foreign Airlines Clash Over Unpaid $700m

Ticket Revenue: CBN, Foreign Airlines Clash Over Unpaid $700m   The Central Bank of Nigeria (CBN) and foreign airlines operating in Nigeria have differed over the total amount of unpaid ticket revenue in the country. The CBN on Tuesday said it had ‘concluded the payment of all...