Despite the recent threat by the International Air Transport Association that its members may leave Nigeria because of their trapped funds in the country, the reality is that foreign airlines are still making a brisk business in the country because it is a profitable destination Some foreign airlines have left Nigeria due to factors bordering […]
The International Air Transport Association (IATA) has projected that there will be increased profitability for airlines in 2023, which will then largely stabilize in 2024. However, IATA said net profitability at the global level is expected to be well below the cost of capital in both years and very significant regional variations in financial performance […]
The International Air Transport Association (IATA) has released data for September 2023 global air cargo markets, showing continuing demand recovery. While global demand, measured in cargo tonne-kilometers (CTKs), increased by 1.9% compared to September 2022 levels (+1.6% for international operations, capacity, measured in available cargo tonne-kilometers (ACTKs), was up 12.1% compared to September 2022(+11.0% for […]
The International Air Transport Association (IATA) said it would be adding further airlines and airline groups as data contributors to its CO2 Connect emissions calculator, hence improving the quality and accuracy of the tool. Respective agreements were signed with Aerolineas Argentinas, Air Baltic, LATAM Airlines Group, Luxair and Nile Air during the first World Suitability […]
The International Air Transport Association (IATA) has marked the first 20 years of the IATA Operational Safety Audit (IOSA) at the IATA World Safety and Operations Conference, which took place in Hanoi, Vietnam, recently. IATA’s Senior Vice President Operations, Safety and Security, Nick Careen, said: “Over the past two decades, IOSA has made a major […]
