Passenger traffic surges by 7.3%, boosts business confidence
International Air Transport Association (IATA) has announced global passenger traffic results for November 2017 showing continued robust demand and boost for business confidence in the New Year.
The good, bad and ugly of air travel sector in 2017
Without doubt, it was indeed a fairly good year for the aviation industry in Nigeria. It was quite defining for policies and what to do with infrastructural deficit.
Growing business confidence excites operators globally
The growing business confidence in Nigeria’s aviation sector has been commended by the International Air Transport Association (IATA), describing it as positive for overall growth of air travel business in Africa. IATA, in a market analysis report released recently, said the business confidence level is on a three-year high, leading to at least 7.5…
Africa’s airlines to Incur $100 Million loss In 2018, says IATA
Africa’s airlines are expected to continue making a combined loss of $100 million in 2018, the same as 2017, in spite of an anticipated 8% growth in demand and capacity expansion of 7.5%. This is according to the International Air Transport Association’s (IATA’s) 2018 global airline industry forecast, which was presented by IATA’s Director-General and…
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.
Experts canvass 20 planes per airline to force merger, competitiveness
Experts in the aviation industry have canvassed a minimum of 20 aircraft in the fleet of each local airline operating in the country to boost capacity, competitiveness and attract investors.
Dana bags global body’s membership, assures on best practices
Dana Air has joined the prestigious International Air Transport Association (IATA) to underscore its commitment operational efficiency and best practices.
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.
Passengers seek technology-driven travel experience, control in new survey
Air passengers globally are clamouring for more technology to be deployed for better comfort, ease of access, and personal control over their travel experience.