The federal government has made it clear that it would concession the four major airports in the country so that the private sector can invest in infrastructure of airport facilities. A government with lean resources in a capitalist society obviously would think of other ways to fund and provide social amenities to the citizenry. […]
We are pleased to send you herewith the May report of the Airlines Financial Monitor Key points: Global airline share prices fell by 3.0% in May, and have now fallen by nearly 11% since the start of the year; However, the latest financial results continue to indicate a robust Q1 2016 for industry profitability; Brent […]
Ethiopian airlines, the leading African carrier is pleased to announce that its Group CEO Mr. Tewolde GebreMariam has been re-appointed to the IATA (International Air Transport Association) Board of Governors for a three year-term at the 72nd IATA Annual General Meeting (AGM) held in Dublin, Ireland. Moreover Mr. Tewolde has also been appointed to the […]
The International Air Transport Association (IATA) has warned that Bangkok’s main Suvarnabhumi Airport is a safety risk, with “serious” overcrowding soon to become a critical issue, and urgent expansion needed, according to a local media report. Thailand is under pressure to improve its aviation standards after the US FAA downgraded the country’s safety ratings in […]
We are pleased to send you herewith IATA’s assessment of premium and economy travel in September. Key points: Passenger travel on international markets was up 5.1% in September year-on-year, similar to the August 5.4% result. But the September rise is due to weakness in the year ago period, rather than growth over the month. Looking at […]
