The International Air Transport Association (IATA)’s latest financial results from Q3 2016 continue to indicate another solid quarter for industry profitability, although there are ongoing signs that momentum in the profitability cycle has weakened. Global airline share prices jumped by 7.5 percent in November, driven by a 16.4percent increase for North America carriers. Brent crude […]
In reaction to the tragic air crashes in Colombia and Pakistan within one week in which 118 people died, the Director General and CEO of the International Air Transport Association (IATA), Alexander de Juniac, has called for the improvement of safety and security in the air transport industry. He also spoke about the need for […]
African carriers’ freight demand increased by 7.4% in October 2016 compared to the same month last year. However, capacity surged by 24.7% on the back of long-haul expansion, in particular by Ethiopian Airlines. International freight demand for African airlines slowed in October, but still remained robust at 7.7% year-on-year. This was contained in the […]
Nigerian domestic carrier, Dana Air has passed the IATA Operational Safety Audit (IOSA). The airline was on Wednesday admitted by International Air Transport Association (IATA), into its global safety registry after passing the audit. According to the Accountable Manager of Dana Air, Mr Obi Mbanuzuo, ‘’our admission into the IOSA registry is a confirmation of our strict adherence […]
The International Air Transport Association (IATA) announced that Muhammad Ali Albakri will join IATA as Regional Vice President for Africa and the Middle East (AME). Albrakri’s appointment is effective 1 January 2017 and will be based in the IATA regional office in Amman, Jordan. “Muhammad Ali Albakri is stepping into a critical role at IATA. […]