Tag
IATA
The International Air Transport Association (IATA) has confirmed that about 98% of airlines trapped funds in the Nigeria has been successfully repatriated by the international carriers.
In April 2024, African airlines experienced a 10.6% year-on-year increase in air cargo demand, aligning with robust global growth in the air cargo market in the second quarter of the year.
The Henley Passport Index, a global ranking system established in 2006 and revamped in 2018, annually evaluates and ranks 199 passports to determine the travel freedoms afforded to their bearers.
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.
The regional Vice-President for Africa and the Middle East at the International Air Transport Association (IATA) Kamil Al Awadhi, has stated that the cost of operating airlines in Nigerian airports is one of the most expensive in Africa.
IATA recently unveiled its comprehensive analysis of the air passenger market for November 2023, showcasing a robust recovery globally.
Air cargo volumes in Africa, the Middle East, and Asia witnessed a significant surge in October.
IATA announced that global SAF forward purchase agreements valued at $45 billion have been established by airlines.
The Director-General of Civil Aviation (DGCA), Capt. Musa Nuhu stated that the majority of the airline charges and levies imposed on indigenous and foreign airlines are not from aviation agencies or industry companies.
IATA has mentioned that the Lagos and Abuja airports in Nigerian are ranked as the most expensive airports to operate in terms of levy charges in the world.
President, of the Aircraft Owners and Pilots Association of Nigeria (AOPAN) in an interview with Nairametrics observed that the unification of the exchange rate was yet to save the naira from crumbling.
Flutterwave, Africa’s leading payments technology company, has joined the International Air Transport Association’s (IATA) payment orchestration platform to facilitate travel to sub-Saharan Africa.