The International Air Transport Association (IATA) announced global passenger traffic results for January 2017 showing demand (revenue passenger kilometers or RPKs) rose 9.6% compared to January 2016. This was the strongest increase in more than five years. Results were positively affected by traffic associated with the Lunar New Year celebrations, which occurred in January this […]
Safety in air transportation is largely dependent on effective regulation, surveillance, training and manpower development. This report highlights some of measures put in place by the NCAA to improve safety in the aviation industry. Recently when the Nigerian Civil Aviation Authority (NCAA), sanctioned some airlines for violation of safety regulations, the airlines were angry that the […]
The International Air Transport Association (IATA)’s latest financial results from Q3 2016 continue to indicate another solid quarter for industry profitability, although there are ongoing signs that momentum in the profitability cycle has weakened. Global airline share prices jumped by 7.5 percent in November, driven by a 16.4percent increase for North America carriers. Brent crude […]
The International Air Transport Association (IATA) announced global passenger traffic results for May showing that demand (measured in revenue passenger kilometers, or RPKs) rose 4.6%, compared to the same month in 2015, which was the same level achieved in April. Capacity climbed 5.5%, which pushed the average load factor down 0.7 percentage points to 78.7%. […]
Travel expert and organiser of Akwaaba African Travel Market, Ikechi Uko said urgent government attention is needed to save the air travel industry. Let’s start with what the economy has done to domestic passenger traffic. What is your evaluation of the market? From my experience in the past two weeks going to Abuja and Enugu, […]
