Clicky

Tag IATA

Airinsight News in Brief – August

100408 56

To bring you more aviation news, Airinsight introduces News in Brief. During August, we compile a rolling story by date with news that is sometimes too small for a deep analysis but still interesting enough not to be missed. 30…

Kenya Airways records improved performance

Kenya Airways

Despite the devastating effects of COVID-19 resulting in depressing half-year results, Kenya Airways recorded improved performance to the same period last year. The disclosure was made on August 26 when the carrier released its financial results. The Group’s total revenue during…

IATA slams Africa over trapped funds

ww 4 hr scaled

The International Air Transport Association (IATA) has lamented the failure of governments to repatriate nearly $1 billion of airlines’ revenues trapped in their countries. The association, which represents 290 global airlines or 82 percent of global traffic, has however urged…

Airinsight News in Brief – July

Air Transats A321LR scaled

UPDATE JULY 30 – To bring you more aviation news, Airinsight introduces News in Brief. During each month from July onwards, we compile a rolling story by date with news that is sometimes too small for a deep analysis but…

Nigeria’s 2020 airlines lost revenue $994m – IATA

1280px Flag of Nigeria.svg

The COVID-19 pandemic which has affected air travel continues unabated as many countries are still counting their losses. For Nigeria, statistics from the International Airline Transport Association (IATA) reveal that COVID-19 economic impact on Nigeria led to a revenue loss of…

Airlines’ stuck funds in African hits $601m

ww 4 hr scaled

The International Air Transport Association (IATA), the clearinghouse for global airlines, disclosed that over $601 million of airlines’ funds are trapped in African countries; a situation that has negatively impacted carriers operating to the continent. Nigeria is missing from the…