Demand for African Airlines Rises 6.7% in One Year - IATA The International Air Transport Association has said African airlines saw a 6.7 per cent year-on-year increase in demand in February 2025 when compared to the same period in 2024. IATA also said that global total...

Finally, Nigeria Out of List as IATA Reports $1.7bn Blocked Funds   For the first time in recent years, Nigeria is out of the list of countries with a significant amount of airlines’ blocked funds as the International Air Transport Association (IATA) report indicated. Yesterday, the association...

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 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 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 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...