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IATA Predicts Nigerian Airlines, Others to Lose $700m in 2022

IATA Predicts Nigerian Airlines, Others to Lose $700m in 2022 The International Air Transport Association has revealed that Nigerian airlines and others across Africa will lose $700 million in 2022 as a result of the Russia-Ukraine war and COVID-19. This was disclosed at the ongoing 78th...

African Airlines’ Passenger Traffic Crashes By 65% – IATA

African Airlines’ Passenger Traffic Crashes By 65% - IATA   The International Air Transport Association says African airlines’ passenger traffic has fallen by 65% due to the increasing impact of the Omicron variant of Covid-19. A new report by IATA, the global airline body, said traffic in...

Despite Global Rebound, Air Travel Demand Drops By 62.25%

Despite Global Rebound, Air Travel Demand Drops By 62.25%   African airlines have recorded a 62.2 per cent decline in passenger traffic demand despite a moderate improvement globally. The International Air Transport Association (IATA), yesterday, announced a moderate rebound in air travel in September 2021 compared to...

Nigerians Face Airfare Hikes As Foreign Airports Impose N950bn Charges

Nigerians Face Airfare Hikes As Foreign Airports Impose N950bn Charges         Airfare hikes by international airlines operating flights into Nigeria and other countries may be imminent as airport and air navigation services providers in the United Kingdom, South Africa, European Union, Ethiopia and United States have...

Airlines Suffer 28.5% Decline In Domestic Aircraft Movement

Airlines Suffer 28.5% Decline In Domestic Aircraft Movement         The harmonised domestic aircraft movement in Nigeria slumped by 28.5 per cent in 2020, the latest data from the Nigerian Civil Aviation Authority have shown. Data obtained from the NCAA, the air industry apex regulator, show that there...

African Airlines’ Traffic Declined By 68% In February

African Airlines’ Traffic Declined By 68% In February     African airlines’ traffic reduced by 68 per cent in February compared to the figure obtained in February 2019, the International Air Transport Association (IATA) has said. The development was a setback compared to a 66.1% decline recorded in...