…the strong demand helped the industry cope with high fuel prices – IATA The International Air Transport Association(IATA) says passengers revenue in Nigeria and other African countries rose by 90.5 per cent between September 2021 and 2022 despite global economic and geographical uncertainties. The global trade body representing over 290 international airlines across 120 countries
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IATA Counts Loss Of $118b In 2020
The International Air Transport Association (IATA) has revised its outlook for the airline industry with a projected net loss of $118 billion this year. However, the association believes that things would be better in 2021, with a ‘vaccine bump’ expected during the fourth quarter (Q4), although it warned that some airlines may not survive to
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