Aviation industry stakeholders are worried about the growth of the industry without the presence of profitable airlines in operation, stressing that the industry may not grow if urgent steps are not taken to remedy the situation. Industry leaders that converged in Abuja on Tuesday for a two-day conference on African Aviation, were of the view […]
The International Air Transport Association (IATA) and the African Airlines Association (AFRAA) announced that AFRAA is joining the Focus Africa Initiative. IATA explained that Focus Africa aims to maximize the contribution of aviation to development across the African Continent by better serving passengers and shippers. Under Focus Africa, private and public stakeholders are committed to […]
The Chair of the International Air Transport Association (IATA) Board of Governors (BoG) who is also the CEO of Rwand Air, Yvonne Manzi Makolo said that the cost of running airline in Africa is highest in the world due to high taxes, high price of aviation fuel, high insurance premium, high cost of spares and […]
The International Air Transport Association (IATA) has upgraded its outlook in 2023 and expressed hope there would be strengthening of airline industry profitability in the year, disclosing that airline industry net profits are expected to reach $9.8 billion in 2023 (1.2% net profit margin) which is more than double the previous forecast of $4.7 billion (December 2022). The […]
The Federal Government at the weekend appointed Mr. Kabir Yusuf Mohammed as the new Managing Director of the Federal Airports Authority of Nigeria (FAAN), replacing Captain Rabiu Yadudu who completed his four-year tenure on Saturday. Mohammed was the Regional General Manager North Central, Airport Manager Nnamdi Azikiwe International Airport, Abuja. Muhammed was appointed as the Chairman, Aviation Roadmap Implementation Committee in January 2022 by […]
