The International Air Transport Association (IATA) announced global passenger traffic results for 2017 showing that demand (revenue passenger kilometers or RPKs) for the year ended 31 December rose 7.6% compared to 2016. This was well above the 10-year average annual growth rate of 5.5%. While the rate of demand growth slowed to 6.2% in December […]
The International Air Transport Association (IATA) welcomes the launch of the Single African Air Transport Market (SAATM) initiative by the African Union (AU) to open up Africa’s skies and improve intra-African air connectivity. Enhanced connectivity will stimulate demand, improve the competitiveness of the African airline industry, and make air travel more accessible. In turn, this […]
International airlines sold tickets worth $1.4 billion to Nigerian travellers in 2017 despite the economic recession that impacted negatively on individual income in the last three years. This was disclosed on Saturday by the President of the National Association of Nigeria Travel Agencies (NANTA), Bankole Bernard. Bernard explained that the revenue generated by these airlines […]
On Tuesday, African Civil Aviation Commission (AFCAC) saddled with the responsibility of executing the open sky policy for Africa, known as Single African Air Transport Market (SAATM) by the African Union spearheaded the sensitisation of Nigeria’s aviation industry on the need to embrace the open sky policy at a workshop hosted by the Nigerian Civil […]
Despite the gains enumerated by the International Air Transport Association (IATA) and the African Civil Aviation Commission (AFCAC) on the liberalisation of Africa’s airspace, known as Single African Air Transport Market (SAATM), experts have identified the pitfalls of the open sky policy. SAATM, which will be adopted this week, is the actualisation of Yamoussoukro Decision […]