COVID-19: $601m Airlines’ Revenue Blocked In 17 African Countries
The International Air Transport Association (IATA) has expressed worry over the trapping of $601 million airlines’revenue blocked in 17 African countries since the onset of COVID -19 over a year ago.
Blocked funds are owed to airlines...
Nigeria Loses 20% Passenger Traffic Over Emirates, Etihad Exit
The suspension of Emirates Airlines and Etihad’s withdrawal from Nigerian airspace has cost the country, at least, a 20 per cent decline in international passenger traffic.
The Economic Confidential learned that the decline was a major setback...
African Air Traffic Dropped By 66.1% – IATA
The International Air Transport Association has reported a drop in passenger demand in the new year.
In a report titled ‘From bad to worse: January passenger demand falls further’, IATA said African airlines’ traffic dropped 66.1 per cent...
Airlines Seek Tax Waiver, Bailout, Others In New Recovery Plan
Worried by the challenges facing global air travel in the COVID-19 era, airlines have drawn up a market stimulation strategy for governments to adopt to enable the industry to recover.
The airlines, under the aegis of...
COVID-19: Airlines Face New Threat As Second Wave Spreads
With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel.
Aviation experts have expressed worry that...
Air Cargo Traffic Records Slow Growth, Rebound
The International Air Transport Association (IATA) has released October data for global air freight markets showing that air cargo demand continues to improve but at a slower pace than the previous month and remains below previous year levels.
Global...
