African Airlines Record 22.1% Increase in Revenue – IATA
African airlines recorded a 22.1 per cent increase in Revenue Passenger Kilometers for November 2023 compared to the same period ...
Tag: International Air Transport Association (IATA)
Africa’s Aviation Industry yet to fully recover from Pandemic Losses- IATA
The International Air Transport Association said the aviation sector is still recovering from losses of the pandemic which crippled flight ...
Foreign Airlines’ Trapped Funds in Nigeria, Other African Countries hit $1.68bn – IATA
Trapped funds by foreign carriers operating in Nigeria and other parts of Africa have hit over $1.68 billion, the International ...
Keyamo appeals to Labour to Avoid Disruption of Aviation Activities
The Minister of Aviation and Aerospace Development, Festus Keyamo (SAN), has appealed to Labour leaders to cease disruption of aviation ...
90% of Trapped Funds Not Cleared – Foreign Airlines in Nigeria
..."We buy Forex like smugglers" As stakeholders in the business landscape express relief over the intervention by the Central Bank ...
Air ticket prices rise by 34.06%, bus fares by 11.66% in one year for Nigerians – NBS
...price expected to rise further with new exchange rate The National Bureau of Statistics, NBS has revealed a significant 34.06% ...
Nigeria withholds $812m Unrepatriated Airlines’ funds – IATA
The International Air Transport Association (IATA) has said Nigeria is withholding $812m unrepatriated airlines’ funds. This is as Africa’s most ...
Foreign airlines trapped funds in Nigeria increases to $743 million – IATA
IATA says airlines' trapped funds in Nigeria rose to $743.7 million in January from $662 million it recorded last December. ...
IATA lauds CBN for releasing part of foreign airlines’ trapped funds
International Air Transport Association (IATA) has commended the Central Bank of Nigeria (CBN) for releasing $265m out of foreign airlines’ ...
