Air Travel Demand Rose 6.7% in 2016

The International Air Transport Association (IATA) announced full-year global passenger traffic results for 2016 showing demand (revenue passenger kilometers or RPKs) rose 6.3% compared to 2015 (or 6.0% if adjusted for the leap year). This strong performance was well ahead of the ten-year average annual growth rate of 5.5%. Capacity rose 6.2% (unadjusted) compared to […]

Aviation

Foreign Airlines’ Exorbitant Fares

The decision of foreign airlines to hike airfares at a time the Nigerian economy is undergoing major difficulties is a source of concern to many intending passengers and travel agencies. Industry observers argue that the fare hikes are ill-timed, given that fewer Nigerians are travelling at this time of economic crunch. In fact, a travel […]