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Tag: International Air Transport Association (IATA)

World Airlines Rally Governments To Financial, Regulatory Support

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),...

African Air Cargo Demand Surges Amid Global Downturn

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

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...

COVID-19: World Airlines Rally Behind Testing, Financial Support To Save Sector

COVID-19: World Airlines Rally Behind Testing, Financial Support To Save Sector       World airlines have reiterated the urgent need to re-open borders with COVID-19 testing, and further financial support for aviation as the pandemic shutdown of air transport continues. The airlines, under the aegis of International Air...

Airlines Resume, Seek Release Of N27bn Bailout

Airlines Resume, Seek Release Of N27bn Bailout         Local airlines, yesterday, resumed skeletal services following last week’s disruption by the EndSARS protests and the attendant curfew imposed by the Lagos State government. The demonstrations, which had forced some foreign operators to suspend flights, resulted in grounding of...

IATA Warns Against Looming Bankruptcy For Airlines

IATA Warns Against Looming Bankruptcy For Airlines       The world’s airlines are haemorrhaging at the rate of about $300,000 per minute or $13 billion monthly, which could force large swathes of the industry into bankruptcy within months, the International Air Transport Association (IATA) has warned. Its Director-General...