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Why We Don’t Control Currency Rate In Nigeria – IATA

Why We Don’t Control Currency Rate In Nigeria – IATA

The International Air Transport Association (IATA) has made a public announcement clarifying they are not in charge of the currency rate used for international airline tickets in Nigeria. This follows reports that claimed IATA was…

IATA welcomes Somalia, Oceanic’s airspace ‘Class A’ ranking

IATA welcomes Somalia, Oceanic’s airspace ‘Class A’ ranking

The International Air Transport Association (IATA) welcomes the reclassification of airspace over Somalia and the surrounding region to Class A. This will take place one-minute past midnight on 26 January 2023 when air traffic control…

IATA, others hail Ogun’s new Agro Cargo Airport

IATA, others hail Ogun’s new Agro Cargo Airport

The international aviation sector has been upbeat at the scheduled coming on stream in December this year of the Ogun new Agro Cargo Airport, the first of its kind in Africa. International aviation agencies such…

IATA to Govts: Follow WHO’s advice, rescind travel ban

IATA to Govts: Follow WHO’s advice, rescind travel ban

The International Air Transport Association (IATA) has called for governments to follow World Health Organisation (WHO) advice and immediately rescind travel bans that were introduced in response to the Omicron variant of the coronavirus. Public…

Africa represents 2% of global passenger market –IATA

Africa represents 2% of global passenger market –IATA

July traffic shows improvement The International Air Transport Association (IATA) Wednesday announced that both international and domestic travel demand showed significant momentum in July 2021 compared to June, but maintained that demand remained far below…

IATA: Airlines to remain cash negative in 2021

IATA: Airlines to remain cash negative in 2021

…laments fraudulent COVID-19 test results lCash burn balloons to $95bn From the International Air Transport Association (IATA) came a depressing disclosure that the first half of 2021 will be worse than earlier anticipated because governments…

IATA projects $70bn revenue loss for airlines in 2021

IATA projects $70bn revenue loss for airlines in 2021

Alarm bells are ringing as global airlines are set to lose up to $70 billion in 2021. This is coming as carriers around the world will haemorrhage about $77 billion of cash in the second…