Backlog Archives - Aviation metric

IATA: 8,000 aircraft backlog holding back aviation

Posted on June 15, 2026 by Wole Shadare

The outgoing Director-General of the International Air Transport Association (IATA), Willie Walsh, argued that aviation’s biggest threat is no longer weak demand, but the capacity to support it Among the crises threatening the industry’s future, one that stood out as most entrenched was the industry’s ever-growing aircraft backlog. Walsh After two decades in which airlines repeatedly confronted shocks that destroyed traffic growth, from the global financial crisis to Covid-19, passengers continue to fly, cargo continues…

$700million airlines’ funds with commercial banks, FG clears backlogs

Posted on January 30, 2024 by Wole Shadare

IATA welcomes govt’s action The International Air Transport Association (IATA) said it welcomed the Central Bank of Nigeria’s (CBN) announcement of the release of an additional $64.44 million in blocked airline funds. IATA in a statement made available to Aviation Metric said it was consulting with its airline members to verify the release of their revenues. It noted that while it was encouraging, it stated that it is crucial to recognize that approximately $700 million remains…