Alexandre de Juniac
IATA forecasts higher air traffic in Nigeria, others
The International Air Transport Association (IATA), Wednesday revealed that present trends in air transport suggest passenger numbers could double to about 8.2 billion by 2037.
Global air traffic hits four billion passengers yearly
The International Air Transport Association (IATA), yesterday, said the worldwide yearly air passenger numbers has exceeded four billion for the first time.
IATA cautions Nigeria, others over airport privatisation, concession
The International Air Transport Association (IATA) yesterday cautioned Nigeria and other countries on the verge of either privatising or concessioning airport infrastructure to be wary of models that prioritise financial gains.
Airlines target N12.2 trillion profit in 2018 amid slow growth
The International Air Transport Association (IATA) yesterday announced its expectation for airlines to achieve a collective net profit of N12.2 trillion ($33.8 billion), being 4.1per cent net margin, in 2018.
IATA records 7.6 per cent traffic upsurge
International Air Transport Association (IATA) has disclosed a 7.6 per cent rise in global traffic movement for the month of February 2018, compared to the same period in 2017. The result shows a rebound in traffic growth following the slower demand experienced in January, which was owing to temporary factors including the later timing of…
African carriers recorded 7.5% traffic growth in 2017
International Air Transport Association (IATA), has announced global passenger traffic results for 2017, with Nigerian, South African, Ethiopian, and other African carriers pooling a 7.5 per cent rise in passenger traffic compared to 2016.
Air travel industry targets N11.8tr net profit in 2018
The global aviation industry has been projected to rake in the sum of N11.8 trillion ($38.4 billion) as net profit, being a 4.7 per cent net margin, in 2018.
Global air freight demand peaks by 9.2%
The International Air Transport Association (IATA) released data for global air freight markets in September 2017 showing that demand, measured in Freight Tonne Kilometers (FTKs), rose 9.2 per cent compared to the same month in 2016.