The International Air Transport Association (IATA) has confirmed that about 98% of airlines trapped funds amounting to $831m in Nigeria has been successfully repatriated by the...
The International Air Transport Association (IATA) has called on governments across the world to enact policies that can help the aviation sector to reduce costs, and...
The International Air Transport Association (IATA) has denied setting an exchange rate for international flight tickets in Nigeria. There have been reports that international airlines have...
The International Air Transportation Association (IATA) has condemned the Nigerian government for its handling of repatriation of funds of foreign airlines, after Emirates Airlines threaten to...
The International Air Transport Association (IATA) on Thursday said African airlines recorded a 116.2 per cent increase in passenger traffic in April 2022 compared to the...
The International Air Transport Association (IATA) said African airline business has gone from bad to worse as African airlines recorded 66.1 percent decline in passenger traffic...
Global airlines could report losses summing up to $118.5 billion this year as the aviation industry battle headwinds from the coronavirus pandemic and fast diminishing revenue...
The weight of the coronavirus crisis on air travel might cost the Nigerian and other African economies 3.5 million aviation jobs, triggering a contraction of continental Gross...
Global airline passenger revenues will contract by $314 billion in 2020, a 55% plunge relative to the 2019 figure. The International Air Transport Association (IATA) said Tuesday in...
The Nigerian economy faces the huge prospect of losing up to $650 million dollars (about N238.550 billion) and 91,380 jobs to the downtrend induced by the...
The International Air Transport Association (IATA) has noted that the far-reaching economic impact of COVID-19 could cost the aviation industry as much as $434 million (around N159.278...
The International Air Transport Association (IATA) has released global passenger traffic results for January 2019 showing traffic (revenue passenger kilometers or RPKs) rose 6.5% compared to...
By the close of this year, airlines are expected to have made investments worth $80 billion on acquisition of 1,780 new aircraft, according to the International...
THE International Air Transport Association (IATA) has urged governments to take be careful about airports privatisation. Many African countries, including Nigeria, have slated their airports for...
Poor capital base and dwindling economy have combined to set Africa’s aviation industry backwards, even as Nigeria is said to have suffered $209m loss in 2016...
Unless foreign airliners reverse themselves over boycotting the Kaduna Airport, the Nigerian Civil Aviation Authority (NCAA) may drag them before the international regulatory bodies. This is...
“If developing countries, including Nigeria, can reduce tax burden on the aviation industry, their economies will be more effectively driven by the sector.” This was the...
Nigeria is yet to remit the full value of ticket sales owed to foreign airlines, totaling about $250 million, representing 58 percent of the total amount,...
Tension seems to have gripped policy makers and other stakeholders over what might be the position of Nigeria in the next inspection visit of the aviation...
Foreign airlines in Nigeria have expressed concern over the persistent scarcity of dollars and fall of the naira value, both of which have started having a...
The new foreign exchange policy of the Central Bank of Nigeria, CBN, has sent foreign travel airfare over the roof, sending tickets prices some 57 per...
The rippled effect of the credit crunch which continues to bite harder in different sectors is also threatening the existence of most of the foreign airlines...
Foreign airlines operating in the country are struggling to free about $575 million in generated revenue trapped in the Central Bank of Nigeria, CBN. To this...
There are growing concerns for air safety as airline operators in Nigeria cry out over forex shortages which have hindered their smooth operations. The operators...
