BY CHUKWUEMEKE IWELUNMO The International Air Transport Association (IATA) released data for February 2025 global passenger demand for all the regions of the world. According to the statistics, African airlines saw a 6.7% year-on-year increase in demand. Capacity was up 4.0% year-on-year. The load factor rose to 75.3% (+2.0 ppt compared to February 2024). “While […]
BY CHUKWUEMEKE IWELUNMO Aircraft navigation disruptions, including signal jamming and GPS spoofing, soared by 175 per cent in 2024, posing a growing threat to global aviation safety, according to the International Air Transport Association (IATA). The latest IATA Incident Data Exchange (IDX) report revealed an alarming 500 per cent spike in GPS spoofing incidents, further […]
By Chukwuemeke Iwelunmo The Regional Director, West & Central Africa, International Air Transport Association (IATA), Dr. Samson Fatokun has made a case for ease of business policy for airlines and other service providers in Nigeria’s aviation industry. Speaking at the recently held aviation stakeholders’ Forum in Lagos, Fatokun said Nigerian airlines need access to funds, […]
…Saya Abuja, Lagos airports rank highest By Chukwuemeke Iwelunmo Global regulator for airline operators, International Air Transport Organization (IATA), has berated the Federal Government (FG) for stiffing airline operations with heavy and sundry taxes and charges. There are at least 27 charges imposed on airlines by the FG. Vice President, Africa and Middle East for […]
By Chukwuemeke Iwelunmo The House of Representatives Committee Chairman on Aviation, Honourable Nnolim Nnaji has appealed to the International Air Transport Association (IATA) to prevail on its member airlines to show understanding as the various organs of government were making efforts to ensure that their tickets proceeds are duly remitted. This is just as the […]
By Chukwuemeke Iwelunmo The International Air Transport Association (IATA) has narrowed down its estimate for global airlines’ losses in 2022 to $9.7 billion, predicting a possible return to profitability by 2023 as efficiency gains and improving yield offset higher labour and fuel costs, according to its annual estimates. The estimates were released at the annual […]
By Chukwuemeke Iwelunmo The International Air Transport Association (IATA) has narrowed down its estimate for global airlines’ losses in 2022 to $9.7 billion, predicting a possible return to profitability by 2023 as efficiency gains and improving yield offset higher labour and fuel costs, according to its annual estimates. The estimates were released at the annual […]
By Chukwuemeke Iwelunmo The International Air Transport Association (IATA) has described as unacceptable the withholding of international airlines’ funds to $450 million. The amount is more than four other African nations put together. Other nations keeping airlines’ funds are Zimbabwe ($100 million); Algeria ($96 million); Ethiopia ($75 million). The funds are proceeds from sales of […]
Passengers are being put off from flying over specific concerns including being in busy airports and sitting next to someone on a plane who might be infected by Covid-19. That is according to new research from the International Air Transport Association (IATA), showing the factors preventing people from booking air tickets. In a survey conducted […]
.. As airlines burn cash, accumulate debts The International Air Transport Association (IATA) says the global air transport industry shows that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1 per cent in its financial outlook for 2020. IATA in its latest release said revenues will fall 50 per […]
The International Air Transport Association (IATA) has urged governments to quickly implement the International Civil Aviation Organization’s (ICAO’s) global guidelines for restoring air connectivity. IATA said the ICAO Council approved Takeoff: Guidance for Air Travel through the COVID-19 Public Health Crisis (Takeoff), is an authoritative and comprehensive framework of risk-based temporary measures for air transport […]
Half of the global airlines may be wiped out by COVID-19 as the devastating pandemic continues to take its toll, not just on human beings, but also on the world economy. The global airline industry is also projected to lose $314 billion in passenger revenue in 2020, a 55 per cent drop over 2019 figures. […]
The International Air Transport Association (IATA) has released a new analysis showing that some 25 million jobs are at risk of disappearing with plummeting demand for air travel amid the COVID-19 crisis. This is coming as the association disclosed that they would need contingencies for licenses and certifications that have expired, describing as major tasks […]
Eight fatal accidents, 240 fatalities registered The International Air Transport Association (IATA) has released data for the 2019 safety performance of the commercial airline industry showing continuing improvements in airline safety compared to 2018 and to the preceding five years. All major 2019 safety performance indicators improved compared to 2018 and to the average of […]
The International Air Transport Association (IATA) published a new analysis showing that airlines may burn through $61 billion of their cash reserves during the second quarter ending 30 June 2020, while posting a quarterly net loss of $39 billion. This analysis is based on the impact assessment IATA released last week, under a scenario in which severe travel restrictions […]
In a bid to ensure airlines do not go bankrupt and out of the skies, the International Air Transport Association (IATA) has appealed to governments in Africa and the Middle East to provide emergency support to airlines as they fight for survival due to the evaporation of air travel demand as a result of the […]
The National Association of Nigerian Travel Agency says it will start hosting nationwide free training for IATA and Non-IATA registered travel agencies in Lagos, Port Harcourt and Abuja Tagged as IATA EasyPay Workshop for IATA and Non-IATA Agents, Mr Bankole Bernard, President of the Association disclosed that the purpose of this workshop was to enlighten […]
Worldwide passenger traffic grew 7.6% in 2017, outpacing the 10-year average annual growth rate of 5.5%, as passengers responded to an overall improvement in the global economy and lower airfares, according to IATA’s Air Passenger Market Analysis for December 2017, released Feb. 1. Global passenger capacity was up 6.3% for the full year, producing an […]
.. Sets to deliver 11 new aircraft by December Air Peace, over the weekend, received its membership certificate from global aviation body, International Air Transport Association (IATA) after the successful completion of IATA Operational Safety Audit (IOSA) audit earlier this year. Presenting the much coveted IATA certificate to the Chief Executive Officer of Air Peace, […]
The International Air Travel Agency (IATA) has revealed that the aviation industry in Nigeria has created over 650,000 jobs and contributes $8.2 billion to the domestic economy. IATA Vice President Ali Bakri made the assertion when he met with industry operators in the country recently. However, the aviation industry in Nigeria is plagued by several […]