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$1.7 billion in Airline Funds blocked by governments-IATA

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TUE DEC 10 2024-theGBJournal| The International Air Transport Association (IATA) Monday published the list of Governments blocking airlines funds, and for the first in...

International air travel demand topped 99% of 2019 level, African airlines...

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...Globally, traffic in November 2023 (measured in revenue passenger kilometers or RPKs) rose 29.7% compared to November 2022. Globally, traffic is now at 99.1%...

IATA predicts a positive 2024 for Air cargo, says Africa is...

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FRI, JAN 05 2024-theGBJournal| Africa is expected to experience a more modest 1.5% air cargo growth in 2024, according to the International Air Transport...

Airline industry net profits expected to reach $25.7 billion in 2024-IATA

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...IATA projects overall revenue in 2024 to rise faster than expenses (7.6% vs 6.9%), strengthening profitability. ...Industry revenues are expected to reach an historic high...

African airlines passenger demand hits a new high in September

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THUR, NOV 09 2023-theGBJournal| African airlines posted a 28.1% traffic increase in September 2023 versus a year ago, according to the International Air Transport...

African airlines see 25.6% traffic growth in July 2023

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FRI, SEPT 08 2023-theGBJournal |African airlines saw a 25.6% traffic increase in July 2023 versus a year ago, the is the second highest percentage...

IATA estimates further losses of $213 million in 2023 for African...

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TUE. 04 APRIL 2023-theGBJournal | The International Air Transport Association (IATA) said Africa carriers suffered cumulative losses of $3.5 billion for 2020-2022, and estimates further losses...

Recovery in air travel continued in October as African airlines’ traffic...

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SAT. 03 DEC, 2022-theGBJournal| The International Air Transport Association (IATA) announced that the recovery in air travel continued in October. Total traffic in October 2022...

African airlines saw a 90.5% rise in September RPKs versus a...

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TUE, 08 NOV, 2022-theGBJournal| The International Air Transport Association (IATA) announced passenger data for September 2022 showing that the recovery in air travel continues...

IATA data shows continued momentum in the air travel recovery

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THUR, 06 OCT, 2022-theGBJournal| The International Air Transport Association (IATA) announced passenger data for August 2022 showing continued momentum in the air travel recovery. Total...