Africa is leading in the global air freight demand increase, as the region has recorded a boost in cargo movement. The International Air Transport Association (IATA) released March 2017 demand growth results for global air freight markets showing a 14 percent expansion measured in freight tonne kilometers (FTKs) compared to the same period last year. […]
The International Air Transport Association (IATA) announced global passenger traffic results for February showing a second month of strong demand growth to begin 2017. Total revenue passenger kilometers (RPKs) rose 4.8%, compared to the same month last year. Although this was below growth achieved in January, year-to-year comparisons are distorted because February 2016 was a […]
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 […]
