77th AGM: IATA Says Losses Reduce But Challenges Continue – Cumulative $201 Billion Losses For 2020-2022

sysadmAfrican Airline News, African Airport News, Foreign Airline News, Headlines, Highlights, News Updates, Policy News

The International Air Transport Association (IATA) announced its latest outlook for airline industry financial performance showing improved results amid the continuing COVID-19 crisis. According to IATA, net industry losses are expected to reduce to $11.6 billion in 2022 after a $51.8 billion loss in 2021 (worsened from the $47.7 billion loss estimated in April). Net 2020 loss estimates have been …

Driving Passenger Traffic For Nigerian Airlines Amidst Covid-19

sysadmMagazine - News, Magazine - Nigerian Update

By Isaac Atoyebi     COVID-19 had drastically affected Nigerian aviation industry, with the passenger traffic among the hardest hit. Questions have arisen as to how the airlines would recover, and improve their contribution to the economy. Although, the airlines have been witnessing increase in passenger traffic in recent times due partly to rising insecurity in some parts of the …

ATM: Is Single African Sky Realistic?

sysadmCovers, Headlines, Highlights, Magazine - Cover Story, Magazine - Highlights, Magazine -Features

By Roland Ohaeri   Individual And Coordinated Wins Recently, South Sudan announced it had taken control of its sovereign airspace ten years after its independence, saying that the State “will be welcoming the world’s international aviation operators and airliners into its skies following the launch of a state-of-the-art, online air space management system.”   Interestingly, given the State’s background of …