Aviation

Net Zero Emission Target by 2050 Tops Achievements at ICAO 41st Assembly

The global aviation and tourism sectors have welcomed the historic Long Term Aspirational Goal (LTAG) of net-zero carbon emissions by 2050 adopted by International Civil Aviation Organization (ICAO) member states during the 41st ICAO Assembly last week. Countries, cities and companies from every part of the world, including Africa, have expressed the commitment to reach […]

Aviation

Follow Nigeria’s Example, IATA Urges Countries with Airline’ Blocked Fund

The International Air Transport Association (IATA) has commended Nigeria for releasing $265 million to foreign airlines last week, as the first tranche of their $464 million revenue held in the country. Lauding the federal government, the global body called on countries like Ethiopia, Algeria and others with airlines’ blocked fund to emulate Nigeria by releasing […]

Aviation

Recovery, Profitability of Airlines Post COVID-19

Recovering from COVID-19 economic meltdown to the struggle with high price of aviation fuel due to the Ukrainian war, the International Air Transport Association, has expressed hope that the desire to travel and the removal of last travel restrictions will propel airlines to bounce back to profitability. At the unveiling of the 78th Annual General […]