IATA Archives

IATA, weather company collaborate on data

Airlines passenger traffic increases by 124% – IATA

The International Air Transport Association has reported that passenger traffic on African airlines increased by 124% in 2022. The Punch reported that based on January traffic data, the IATA, a Swiss-based organization that represents international airlines internationally, stated that the increase in air travel demand was continuing in 2023. According to the report, passenger traffic […]

bfatoyepdnlimited-com
9th March 2023
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214 Views

Aviation featured Transportation

IATA welcomes Somalia airspace upgrade to ‘Class A’

The International Air Transport Association has commended Somalia for upgrading of its airspace and the surrounding area to ‘Class A’. This comes after air traffic control services in the African country resumed operations after a 30-year interruption on January 26, 2023. Approximately 300 airlines, or 83% of worldwide aviation traffic, are represented by IATA. The […]

jonuorahpdnlimited-com
26th January 2023
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202 Views

Delta airline halts Lagos to New York flights

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Nigerians buy Delta Airline flight tickets in dollars

International carrier, Delta Airlines, has begun selling tickets to passengers in US dollars even as foreign airline funds continue to be trapped in Nigeria. It was learned that this was done to prevent the country’s trapped funds from growing further. Recall that the International Air Transport Association estimated that foreign airlines’ trapped funds in Nigeria […]

jonuorahpdnlimited-com
13th December 2022
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302 Views

Aviation featured

Reps seek lower flight prices for holidays

The request by the House of Representatives to foreign airlines to reopen cheaper layers of fares for the Nigerian market while trapped funds are resolved has gone unanswered, much to the chagrin of international travellers this holiday season. Even so, an increasing number of airlines are only offering premium fares to inbound tourists. Premiums in […]

jonuorahpdnlimited-com
12th December 2022
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301 Views

Aviation

IATA welcomes CBN’s release of $265m to airlines

The International Air Transport Association hailed the Central Bank of Nigeria for releasing 43% of trapped funds to international airlines. AM Business had reported that CBN last weekend released $265million, being part of the over $464 million belonging to the foreign airlines. Foreign airlines collect Naira for their tickets from customers and exchange the same […]

sadeniyipdnlimited-com
30th August 2022
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292 Views

Aviation

5G networks may meddle with aircraft landing – IATA

As the Nigerian Communications Commission and telecoms giants prepare for the launch of the 5G spectrum in August, the International Air Transport Association has warned that there may be disruptions to aircraft landing. IATA urged the Federal Government of Nigeria and the governments of other countries to work closely with the aviation industry to ensure […]

agencyreport
24th June 2022
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251 Views

Aviation

Foreign airlines kick as FG blocks $450m ticket revenue

The International Air Transport Association has expressed concern over the decision by the Federal Government of Nigeria to block foreign airlines from repatriating ticket sales revenue running to $450m (N188.6bn) into their respective countries. IATA, the Geneva-based trade body representing over 200 international carriers, spoke at a press briefing marking the opening of its 78thn […]

agencyreport
20th June 2022
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239 Views

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Tag: IATA

Airlines passenger traffic increases by 124% – IATA

IATA welcomes Somalia airspace upgrade to ‘Class A’

Nigerians buy Delta Airline flight tickets in dollars

Reps seek lower flight prices for holidays

IATA welcomes CBN’s release of $265m to airlines

5G networks may meddle with aircraft landing – IATA

Foreign airlines kick as FG blocks $450m ticket revenue

NNPCL revenue jumps 79% to ₦4.97tn

Govs considering ₦100,000 minimum wage amid hardship —.

Food imports drop to $2.34bn despite forex surge

Nigeria’s crude petroleum records 16.37% growth in Q1.

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