The International Air Transport Association (IATA) revealed that present trends in air transport suggest passenger numbers could double to 8.2 billion in 2037. It noted that over the next two decades, the forecast anticipates a 3.5 per cent compound annual growth rate (CAGR), leading to a doubling in passenger numbers from today’s levels. the forecast […]
Passenger traffic on domestic routes in the country dropped by over 30 per cent in the first half of 2018, compared with same period last year, findings by THISDAY has shown. The airlines attributed the development to slowdown in economic activities, as well as low purchasing power. Records on passenger movement made available to THISDAY […]
*Says It cannot be Derailed by Blackmail The Nigerian Civil Aviation Authority (NCAA) has reaffirmed the sanctity of the recently released statistical data on the aviation industry on passenger traffic and revenues earned by both domestic and international airlines. Last week during a presentation at the Aviation Round Table (ART) breakfast forum in Lagos, the […]
For more than a decade, Nigeria has recorded fewer aircraft operating scheduled services. There has also been a sharp decline in passenger traffic and the number of domestic airlines. Writer examines the factors responsible for this slide in an environment with one of the fastest population growth rates in the world. It was predicted that […]
Total passenger movement figures in 2016 and 2017 indicated that Nigeria recorded lower passenger traffic last year despite the fact that economic recession peaked in 2016 and started easing in 2017 as indices show that the economy witnessed a rebound with the reduction of exchange rate from N500 per dollar at the height of the […]
