Local Airlines Hike Fares To 100%
One of the most expensive pricing regimes in local airfares may be upon the aviation industry, as ticket rates have more than doubled in a week.
The spike, which operators blamed on an exchange rate that hit N500 to $1...
$53m Foreign Airlines’ Funds Trapped In Nigeria - IATA
Foreign airlines trapped funds in Nigeria currently stand at $53 million, according to the International Air Transport Association (IATA).
The airlines are unable to repatriate the money which represents proceeds from ticket sales sold in naira due...
World Airlines Rally Governments To Financial, Regulatory Support
World airlines have again hinged the industry’s rebound from the effects of the COVID-19 pandemic on governments’ financial and regulatory support.
The airlines, rising from the 76th Annual General Meeting (AGM) of the International Air Transport Association (IATA),...
IATA Predicts $118.5bn Loss For Airlines In 2020/2021
The International Air Transport Association has predicted heavier losses for the aviation industry in 2020 and 2021.
According to a report titled ‘Deep losses continue into 2021’, IATA predicted a net loss of $118.5bn for 2020 (higher than...
African Air Cargo Demand Surges Amid Global Downturn
Air cargo demand and movement have recorded a surge in the African region, though global demand still remains weak on account of the COVID-19 aviation disruptions.
The International Air Transport Association (IATA) in the September data for global...
Airlines, Workers Seek Help To Save 4.8 Million Jobs
Amidst the ravaging COVID-19, the International Air Transport Association (IATA) and the International Transport Workers’ Federation (ITF) on Tuesday called for urgent government intervention to prevent “an employment catastrophe in the aviation industry.”
Estimates from the Air...
