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Tag "IATA"

IATA: African airlines recorded 17% increase in cargo demand in January

    IATA: African airlines recorded 17% increase in cargo demand in January

The International Air Transport Association (IATA) says the cargo volumes for African airlines increased by 17 percent in January 2024. IATA disclosed this in a report published on Tuesday. According

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$700m remains blocked, IATA replies CBN over release of airlines’ funds

    $700m remains blocked, IATA replies CBN over release of airlines’ funds

The International Air Transport Association (IATA) says it is consulting with foreign member airlines operating in Nigeria to verify the release of $136.73 million by the country’s central bank, stating

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IATA: Africa air cargo volume increased by 3.9% in November 2023

    IATA: Africa air cargo volume increased by 3.9% in November 2023

The International Air Transport Association (IATA) says African air cargo volume increased by 3.9 percent in November 2023.  IATA, in a report on its website on Tuesday, said the November figure is

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Global aviation industry revenues to reach record-high of $964bn in 2024, IATA forecasts

    Global aviation industry revenues to reach record-high of $964bn in 2024, IATA forecasts

The International Air Transport Association (IATA) has projected that the global airline industry will generate record-high revenues of $964 billion in 2024. The projection is an increase of 7.6 percent

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African airlines recorded weakest cargo demand in August, says IATA

  African airlines recorded weakest cargo demand in August, says IATA

The International Air Transport Association (IATA) says air cargo demand in Africa dropped by 4.7 percent, year-on-year, in August 2023.

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IATA: Nigeria now has the highest amount of unrepatriated airlines’ funds in the world

  IATA: Nigeria now has the highest amount of unrepatriated airlines’ funds in the world

The International Air Transport Association (IATA) says Nigeria now has the highest amount of unrepatriated airlines’ funds in the world.

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Trapped funds: Senate asks CBN to release $717m to foreign airlines

  Trapped funds: Senate asks CBN to release $717m to foreign airlines

The senate, on Wednesday, asked the Central Bank of Nigeria (CBN) to release the $717.4 million foreign airlines’ funds trapped

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Foreign airlines’ blocked funds in Nigeria hit $743m, says IATA

  Foreign airlines’ blocked funds in Nigeria hit $743m, says IATA

The International Air Transport Association (IATA) says foreign airlines’ revenue blocked from repatriation by the Nigerian government has increased to

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IATA: African airlines’ cargo demand fell by 1.4% in 2022

  IATA: African airlines’ cargo demand fell by 1.4% in 2022

The International Air Transport Association (IATA) says African airlines recorded a 1.4 percent fall in cargo demand in 2022. The

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IATA: Release of $265m will encourage foreign airlines to continue servicing Nigeria 

  IATA: Release of $265m will encourage foreign airlines to continue servicing Nigeria 

The International Air Transport Association (IATA) says the release of $265 million by the Nigerian government to foreign airlines will

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