By Seun Ibiyemi For the first time, Nigeria has been removed from the list of countries with blocked airline funds, according to the International Air Transport Association (IATA). The association reported that $1.7 billion in airline funds remain trapped globally…
African airlines recorded a 1.6% year-on-year growth in air cargo demand for October 2024, the slowest among all regions, while capacity increased by 7.7%. This indicates that although African carriers are expanding their cargo capacity, demand for air cargo in…
African airlines experienced an 11.9 percent increase in passenger demand in September 2024 compared to the previous year, achieving a load factor of 76.0 percent. This load factor, indicating the proportion of available seating capacity filled by paying passengers, reflects…
The Managing Director/Chief Executive of the Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku has called on enhanced collaboration between the authority and the International Air Transport Association (IATA) to strengthen and promote the sustainable growth of Nigeria’s aviation industry.…
The International Air Transport Association (IATA) released data for August 2024, showing that global passenger demand was up 8.6 percent compared to August 2023. Total capacity, measured in available seat kilometres (ASK), was up 6.5 percent year-on-year. The August load…
Lagos Aviation Academy (LAA), says its student, Miss Oluwafisayomi Layo-Olayemi, has emerged 2024 IATA Best Performer in Nigeria. Layo-Olayemi emerged victorious in the IATA Foundation in Travel and Tourism Examination for July, according to LAA. Recall that the IATA –…
By Seun Ibiyemi The International Air Transport Association IATA lauds Nigeria’s clearing 831 million USD in foreign airlines’ trapped funds. This significant achievement marks a positive step in restoring confidence within the global civil aviation community. IATA’s Regional Vice President…
By Seun Ibiyemi The International Air Transport Association (IATA) has said that about $19 million, belonging to foreign airlines operating in Nigeria, was still trapped with the Central Bank of Nigeria (CBN). The Director-General of IATA, Willie Wash, disclosed this…
The International Air Transport Association (IATA) says the cargo volumes for African airlines increased by 17.0 percent in January. IATA, in a report sent to email during the week, said it showed much improvements compared to -1.2 percent performance in the month…
The International Air Transport Association (IATA) has stated that the African region has not recorded fatal air travel accidents in 3 years as highlighted by the 2023 safety performance report. In all accident rates, the region recorded plummeting from…
