How $1.68 billion airlines’ trapped funds, high cost, infrastructure set aviation in Africa backward- IATA

How $1.68 billion airlines’ trapped funds, high cost, infrastructure set aviation in Africa backward- IATA

Foreign airlines’ trapped funds in Africa hit a record $1.68 billion by the end of September 2023 according to the International Air Transport Association (IATA). The funds are held by countries experiencing foreign exchange reserves. The countries are Ghana, Nigeria, Ethiopia, Angola and Zimbabwe. IATA attributed trapped funds as one of the major issues plaguing aviation in Africa, describing the numbers as alarming with it having a huge and devastating impact on connectivity. IATA’s Regional…

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Travellers prioritise speed, convenience in IATA’s global passenger survey

Travellers prioritise speed, convenience in IATA’s global passenger survey

The International Air Transport Association (IATA) announced the results of its 2023 Global Passenger Survey (GPS), showing that travelers continue to prioritize speed and convenience and are increasingly embracing biometrics and off-airport processes to deliver it. “Passengers have made it clear: they want to spend less time booking and move through the airport faster. And they are increasingly willing to use biometric data to complete more pre-departure tasks off airport to achieve this,” said Nick…

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IATA says Nigeria’s aviation needs help, laments access to Forex

IATA says Nigeria’s aviation needs help, laments access to Forex

Aviation runs on dollar-Fatokun     The International Air Transport Association (IATA) has called for urgent assistance for the country’s aviation, stressing that the entire aviation value needs help to stay afloat and be profitable. This was the view of IATA’s Area Manager, West and Central Africa, Dr. Samson Fatokun when the group presented the IATA certificate of membership to United Nigeria Airlines that has been showing promise since the carrier was set up on February 12,…

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United Nigeria Airlines joins IATA

United Nigeria Airlines joins IATA

Nigerian carrier, United Nigeria Airlines Company Limited, has been admitted as a member of the global aviation body, the International Air Transport Association (IATA). The airlines’ admittance into IATA was conveyed to the management of United Nigeria Airlines in a letter dated October 9, 2023, and addressed to Prof. Obiora Okonkwo, chairman and chief executive of the company. The letter signed by William Walsh, IATA Director General, it said the group was happy to welcome…

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Africa airlines post weakest performance, cargo volume declines 4.7% in August-IATA

Africa airlines post weakest performance, cargo volume declines 4.7% in August-IATA

Air cargo demand up 1.5% in August   African airlines had the weakest performance in August 2023, with a 4.7% decline in cargo volumes compared to August 2022. This was a significant decrease in performance compared to July (+2.3%). In the same vein, Africa–Asia routes declined by 1.1% in August following an 11.2% growth in July with a capacity 3.8% above the August 2022 level. These are the data released by the International Air Transport Association…

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