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Aviation: Task ahead of Nigerian regulators in 2019

Aviation: Task ahead of Nigerian regulators in 2019

Louis Ibah The International Air Transport Association (IATA) in its Global Economic Outlook for 2019 forecasts the global airline industry net profit to be $35.5 billion in 2019. This was as it forecast foresees African carriers recording a net loss of $300 million this year. Director General and CEO of IATA, Mr. Alexandre de Juniac, […]
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Qatar Airways confirms talks with Nigerian government on national carrier

Government’s plan for a national carrier, decades after the demise of the Nigerian Airways, will be a pipe dream unless it is ready to invest…
The post Qatar Airways confirms talks with Nigerian government on national carrier appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …

High taxes, poor airport infrastructure stifling growth of local airlines –IATA

High taxes, poor airport infrastructure stifling growth of local airlines –IATA

Louis Ibah The International Air Transport Association (IATA) is demanding that Nigeria alongside other Africa states take steps to reduce cost of doing business in its aviation sector if it hopes to unlock dormant potential in the sector for national growth and prosperity. Director General/CEO of IATA, Mr. Alexandre de Juniac who addressed African aviation […]
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IATA sees $300m loss for African carriers

IATA sees $300m loss for African carriers

The International Air Transport Association (IATA) sees bleak future for Nigeria and other African airlines next year. It said the continent’s carriers are expected to report a $300 million net loss. The projected loss is a slight improvement of $400 million net loss recorded this year. The global aviation body has also cautioned countries planningRead More …

Global airlines share price fall by 10% –IATA

Global airlines share price fall by 10% –IATA

The International Air Transport Association (IATA) has reported a 10.1 per cent drop in global airlines’ share price for the month of October 2018. IATA in its latest in-house publication, Airlines Financial Monitor for October 2018, also said the global airline share price index underperformed in the wider equity market. “Global airline share prices fell […]
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Africa airlines post  6.0% rise in passenger traffic –IATA

Africa airlines post  6.0% rise in passenger traffic –IATA

The International Air Transport Association (IATA) yesterday, announced that global passenger traffic results for September 2018 show that demand (measured in revenue passenger kilometers, or RPKs) rose 5.5 per cent compared to the same month in 2017.  IATA however described the figure as  a slowdown from the 6.4 per cent growth recorded in August year-over-year. […]
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IATA forecasts growth in passenger traffic to hit 8.2bn by 2037

IATA forecasts growth in passenger traffic to hit 8.2bn by 2037

Louis Ibah The International Air Transport Association (IATA) yesterday, said that global passenger traffic could double to 8.2 billion in 2037. To prepare for the increase in passenger traffic, the agency urged governments all over the world to make the requisite investments in infrastructure to harness the upcoming benefits. “This forecast is a cautionary warning […]
The post IATA forecasts growth in passenger traffic to hit 8.2bn by 2037 appeared first on The Sun Nigeria. …

IATA to improve passenger experience as demand doubles

IATA to improve passenger experience as demand doubles

Maureen Ihua-Maduenyi The International Air Transport Association has announced plans to help address the challenge of improving passengers experience as demand rises. According to the association, air travel is expected to double by 2036, and the industry will not be able to handle the growth or evolving customer expectations with the current processes. It added […] …

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