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IATA Postpones 2020 AGM

 The International Air Transport Association (IATA) has announced the postponement of the 76th Annual General Meeting (AGM) and World Air Transport Summit scheduled to take place on 22-23 June in Amsterdam. The 76th IATA AGM and World Air Transport Summit will be held when it is both safe and practicable to do so. IATA anticipates that will be in the late third or early fourth quarter of 2020. An announcement will be made when a date is confirmed. “Our members are in the deepest crisis the air transport industry has ever faced. With much of the passenger business grounded as part of the global fight to contain the virus, many airlines are in a struggle to remain viable. On the cargo side, airlines are doing whatever they can to keep global supply chains moving with vital shipments, including those for critical medical supplies. We will come together as an industry when the freedom to travel has been restored and we can focus on air transport’s critical role in driving ...

IATA Request Urgent Support For Airlines As COVID-19 Effects Bite Harder

24 0 The International Air Transport Association (IATA) has appealed to governments in Africa and the Middle East, as part of a worldwide campaign, to provide emergency support to airlines as they fight for survival due to the evaporation of air travel demand as a result of the COVID-19 crisis. “Stopping the spread of COVID-19 is the top priority of governments. But they must be aware that the public health emergency has now become a catastrophe for economies and for aviation. The scale of the current industry crisis is much worse and far more widespread than 9/11, SARS or the 2008 Global Financial Crisis. Airlines are fighting for survival. Many routes have been suspended in Africa and Middle East and airlines have seen demand fall by as much as 60% on remaining ones. Millions of jobs are at stake. Airlines need urgent government action if they are to emerge from this in a fit state to help the world recover, once COVID-19 is beaten,” sai...

Arik Air B737 aircraft returns from maintenance

Arik Air, Nigeria’s leading airline on Thursday welcomed another aircraft fresh from maintenance overseas. The arrival of the aircraft, a Boeing 737-800 Next Generation (NG) is coming eight days after a Boeing 737-700NG returned to service from C-check on Wednesday, May 15, 2019. The Boeing 737-800 NG aircraft is a stretched version of the 737-700 aircraft. The Chief Executive Officer of Arik Air, Captain Roy Ilegbodu reiterated the airline’s mission which is “To become a dominant air-services brand, globally admired for its world-leading operating, safety and service delivery standards, as well as its role in promoting Nigeria's reputation at home and abroad”. Captain Ilegbodu ,according to a statement by Banji Ola,the head of Communications,thanked customers for their loyalty and trust in Arik Air.

Nigerian President Buhari commissioned new Airport Terminal

Buhari Commission's PH Airport Terminal President Muhammadu Buhari on Thursday commissioned the 600 million dollars new international terminal of the Port Harcourt Airport. The project was funded by the Export-Import Bank of China and the Nigerian Government. The airport has a single terminal with separate facilities for international and domestic flights.  For more than 12 years now the airport had gone through series of repairs forcing NCAA to shut down the airport on August18,2006 to allow for maintenance. Such maintenance had been in planning stages for several months, but an electrical fire on 17 August 2006 made repairs immediately necessary. All domestic flights were diverted to Sam Mbakwe Airport (Owerri), Akanu Ibiam International Airport (Enugu) and Margaret Ekpo International Airport (Calabar), while international flights were diverted to Nnamdi Azikiwe International Airport (Abuja) or Murtala Mohammed International Airport (Lagos). More pix ...

Solid Traffic Growth, Record Load Factor

      The International Air Transport Association (IATA) has announced healthy global passenger demand for July with all regions reporting growth. Total revenue passenger kilometers (RPKs) rose 6.2%, compared to the same month last year. While this was down from 8.1% year-over-year growth in June, it nevertheless marked a solid start to the peak passenger demand season. Monthly capacity (available seat kilometers or ASKs) increased by 5.5% and load factor rose 0.6 percentage point to a record high for July of 85.2%. “The industry posted another month of solid traffic growth. And the record load factor shows that airlines are becoming even more efficient in terms of deploying capacity to meet demand. However, rising costs -- particularly fuel -- will likely limit the stimulus we would expect from lower airfares. Therefore, we do expect to see a continued slowing of growth compared to 2017,” said Alexandre de Juniac, IATA’s Director General and CE...

Solid Traffic Growth, Record Load Factor

      The International Air Transport Association (IATA) has announced healthy global passenger demand for July with all regions reporting growth. Total revenue passenger kilometers (RPKs) rose 6.2%, compared to the same month last year. While this was down from 8.1% year-over-year growth in June, it nevertheless marked a solid start to the peak passenger demand season. Monthly capacity (available seat kilometers or ASKs) increased by 5.5% and load factor rose 0.6 percentage point to a record high for July of 85.2%. “The industry posted another month of solid traffic growth. And the record load factor shows that airlines are becoming even more efficient in terms of deploying capacity to meet demand. However, rising costs -- particularly fuel -- will likely limit the stimulus we would expect from lower airfares. Therefore, we do expect to see a continued slowing of growth compared to 2017,” said Alexandre de Juniac, IATA’s Director General and CE...

Securing Aviation’s Future Smarter Regulation, Global Standards, Infrastructure

        The International Air Transport Association (IATA) has called for governments to facilitate the growth of global connectivity by avoiding creeping re-regulation, maintaining the integrity of global standards, and addressing a capacity crisis. The call came in the IATA Director General’s Report on the Air Transport Industry at the 74th IATA Annual General Meeting (AGM) and World Air Transport Summit. "On aviation’s core mission to deliver safe, secure, accessible and sustainable connectivity, the state of our industry is strong and getting stronger. And with "normal" levels of profitability we are spreading aviation’s benefits even more widely. But there are challenges. Smarter regulation needs to counter the trend of creeping re-regulation. Global standards must be maintained by the states that agreed them. And we need to find efficient solutions to the looming capacity crisis," said Alexandre de Juniac, IATA’s Director General and CEO. Re-Regulatio...