Africa Leads as Global Air Freight Demand Increases

Africa is leading in the global air freight demand increase, as the region has recorded a boost in cargo movement. The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14 percent expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. […]

Air Peace Gets IOSA Certificate

Fast rising domestic carrier, Air Peace has been granted the International Air Transport Association (IATA) Operational Safety Audit (IOSA) certification. The certification indicates that the airline has met all safety standards as recommended by IATA and with the certification; Air Peace can now apply to become a member of the international organization. Also as IOSA […]

IT-driven Sabre Network Celebrates 10yrs in Nigeria

One of the major airline distribution solution provider in aviation industry, Sabre Network West Africa has advised airlines, travel agents and other stakeholders in the Nigerian aviation industry to embrace technology for enhanced performance, as it marks 10 years in the country. The US based company said that when it came to Nigeria it contributed […]

Airlines Financial Monitor – March 2017

  Despite an improved performance by European carriers, the latest financial results for Q4 2016 confirm a second quarter of modest easing in industry-wide profitability – albeit from historically high levels. Global airline share prices fell by 1.5% in March, unwinding recent gains, with a correction in the North American index more than offsetting modest […]

Strong Passenger Demand, Record Load Factor in February

The International Air Transport Association (IATA) announced global passenger traffic results for February showing a second month of strong demand growth to begin 2017. Total revenue passenger kilometers (RPKs) rose 4.8%, compared to the same month last year. Although this was below growth achieved in January, year-to-year comparisons are distorted because February 2016 was a […]