Nigerian, other African airlines may lose another $200m in 2020
The International Air Transport Association (IATA) yesterday released its forecast for the year 2020, with Nigerian airlines and their African counterparts again projected to lose $200 million.
African airlines account for 92 million out of 4.4 billion yearly global traffic
African airlines have continued on the path of slow growth accounting for only 92 million out of the 4.4 billion air passenger traffic recorded globally in 2018.
African airlines get 11.6% share as global passenger demand rises
The International Air Transport Association (IATA) has announced global passenger traffic results for March 2018 showing that demand (measured in revenue passenger kilometers, or RPKs) rose 9.5 per cent, compared to the same month a year ago, the fastest pace in 12 months. Capacity (available seat kilometers, or ASKs) grew 6.4 per cent and load…
African airlines gain global confidence, patronage
Vice President, Europe, Middle East and Africa (EMEA), Airline Solutions, Sabre, Dino Gelmetti, affirmed that the confidence in African airlines is the highest it has been among some of Africa’s key inbound tourism markets.