Aviation industry Archives - Aviation metric

Aviation industry revenue to reach historic $996 billion in 2024, says IATA

Posted on June 3, 2024 by Wole Shadare

…Expenses to grow to $936 billion in 2024 Wole Shadare, Dubai Aviation industry revenues are expected to reach a historic high of $996 billion in 2024, just as passenger revenues are expected to reach $744 billion in 2024, up 15.2% from $646 billion in 2023 according to the International Air Transport Association (IATA). It however expressed concern that industry profitability is fragile and could be affected positively or negatively by many factors such as global…

Directors Dismissed in Sweeping Aviation Industry Overhaul

Posted on December 14, 2023 by Wole Shadare

Twenty-four hours after the Federal Government sacked all the aviation agencies’ chief executive officers, all the directors of aviation agencies, including the Federal Airport Authority of Nigeria (FAAN), Nigeria Meteorological Agency (NiMET), Nigeria Airspace Management Agency (NAMA), Nigeria Civil Aviation Authority (NCAA), and Nigeria Safety and Investigation Bureau (NSIB), have been relieved of their appointments. This was announced on Thursday by Odutayo Oluseyi, the spokesperson for the Ministry of Aviation and Aerospace Development. The affected…