International carriers have dominated the air travel market in West Africa, due to lack of capacity of indigenous airlines and intrigues by individual countries in the sub-region. Consequently, African airlines continue to struggle to have a piece of the market. With a population of about 429,312,101 and passenger traffic of over 21 million per annum, […]
The international Air Transport Association on Tuesday released its 2022 airline safety performance, which indicates significant reduction in air accidents globally. The 2022 safety report for global aviation showed a reduction in the number of fatal accidents and the fatality risk, compared to 2021 and to the five year average (2018-2022). The global body said […]
The International Air Transport Association (IATA) has announced that African carriers are expected to post a loss of $638 million in 2022, narrowing to a loss of $213 million in 2023 and projected that passenger demand growth of 27.4 per cent is expected to outpace capacity growth of 21.9 per cent. IATA also stated that […]
The International Air Transport Association (IATA) has said the amount of airline funds that is due for repatriation, but being blocked by governments has risen by more than 25 per cent ($394 million) in the last six months and that the total funds blocked now tally at close to $2.0 billion. IATA therefore called on […]
The International Air Transport Association (IATA) has called on governments and regulators to encourage stronger European cohesion and economic development by embracing policies to promote greater air connectivity. Key to this is recognising the different strengths and benefits offered by the diverse types of carriers operating in Europe. IATA’s Director General, Willie Walsh, said: “Europe, […]
