The International Air Transport Association (IATA) has announced that it would offer digital currencies in the financial settlement systems it operates for the aviation industry. IATA’s Senior Vice President for Financial Settlement and Distribution Services, Muhammad Albakri, who announced it, said: “Digitalisation impacts many aspects of our daily lives, including the currency we use. With […]
The Federal Airports Authority of Nigeria (FAAN) and the International Air Transport Association (IATA) have commenced discussions on how to improve operational efficiency and seamless passenger experience at Nigerian airports. During a recent visit to FAAN’s headquarters in Lagos, IATA’s Vice-President for Africa and the Middle East, Kamil Alawadhi, hinted that the collaboration would ensure […]
The International Air Transport Association (IATA) has highlighted three critical priorities for sustained progress in aviation safety. The global body insisted that to sustain and improve safety in air transport, there must be continuous focus on strengthening global standards, cultivating safety culture and maximising the use of date. IATA made this known at the […]
The International Air Transport Association (IATA) has announced that 73 airlines have committed to its Safety Leadership Charter, focusing on passenger and airline staff safety. IATA said the charter was created in collaboration with airlines worldwide and aviation community members, with the goal to encourage safety cultures through eight principles. The principles include: Reinforcing safety through both words and […]
The International Air Transport Association (IATA) released data for April 2024 global passenger demand with the following highlights: · Total demand, measured in revenue passenger kilometers (RPKs), was up 11.0% compared to April 2023. Total capacity, measured in available seat kilometers (ASK), was up 9.6% year-on-year. The April load factor was 82.4% (+1.0ppt compared to April 2023). […]
