airline travel-insurance Aviation

Policy Summersault, Insecurity Increase Insurance Premium for Airlines

By Chinedu Eze Nigerian airlines have increasingly continued to pay the high insurance premium for aircraft insurance, THISDAY has learned. This is attributed to what is generally labeled country risk, which includes insecurity, government’s inconsistent policies in the aviation industry, which insurers dub lack of rule of law and what is referred to the as […]

Quantas Aviation

IATA: Despite Overall Progress, African Airlines May Incur $100M Loss in 2018

The International Air Transport Association (IATA) forecasts global industry net profit to rise to $38.4 billion in 2018, an improvement from the $34.5 billion expected net profit in 2017, but posited that African airlines despite this improvement would incur a loss of $100 million next year. This is contained in IATA 2018 forecast made available […]