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IATA forecasts profit rebound for airline industry in 2019

Global airlines cut profit forecast over fuel costs

Global airlines on Monday slashed their forecast for industry profits in 2018 over increase in fuel costs, while warning higher interest rates and a host of geopolitical...

Airlines make N330.59bn from tickets sales

Passenger traffic for African airlines spike by 11.2% – IATA

  African airlines in March recorded an 11. 2 percent increase in passenger traffic compared to the same period last year, the International Air Transport...

IATA CEO Alexandre de Juniac

Air freight grows at slowest rate in 22 months – IATA

International Air Transport Association (IATA) on Wednesday said that the demand for global air freight grew at its slowest pace in almost two years in March. This has...

IATA CEO Alexandre de Juniac

IATA warns airlines headed for crisis on rising infrastructure costs

The growing cost of airport infrastructure poses risks to the global airline industry’s profitability and growth, the head of the International Air Transport...

Yobe signs N11 billion cargo airport contract

Global air freight demand on track for a seven-year high, says IATA

Demand for global air freight, measured in freight tonne kilometers, rose 8.8 percent in November, compared with a year earlier, the International Air Transport...

UK Airport

Global air passenger traffic demand up 7.2 percent in October- IATA

  Global demand for air travel climbed 7.2 percent in October, rebounding after September was disrupted by hurricanes, the International Air Transport Association...

Dubai-airport

Global air passenger traffic demand up 7.2 pct in August says IATA

Global demand for air travel rose 7.2 percent in August, up from the 6.8 percent growth reported for July, the International Air Transport Association (IATA) said on...

IATA forecasts profit rebound for airline industry in 2019

IATA urges cargo operators on service delivery

The International Air Transport Association (IATA) has advised air cargo stakeholders to accelerate the modernisation of their service process to enhance the delivery of...

Airlines make N330.59bn from tickets sales

African airlines record best safety performance in 2016

The International Air Transport Association (IATA) on Friday said that Sub-Saharan Africa had its best safety performance in the last decade in 2016. IATA said that...