Business Hilights

Tracking Nigeria's Headline Business News Online

International Air Transport Association (IATA)

Why more than 33% of air travellers avoid flights over infection risk—IATA

Findings that characterised first few days of flight operations in Nigeria have given more clues to the global survey conducted by the International Air Transport Association (IATA), showed that a lot of the travelling public were still wary, demanding that…

COVID-19 shutdown pushing global airlines to induced bankruptcy—IATA

…As S’Africa bans domestic flights from Friday The International Air Transport Association (IATA) Wednesday averred that many national and leading global international airlines are on the brink of collapse is urgent support from their home governments are not forthcoming. This…

COVID-19 fears override US-China trade tension in frustrating global air business

Strong indications have emerged showing that the colossal damage being done to global air travel and cargo businesses by hitherto US and China trade crisis cannot equate with the pressure and impacts of COVID-19 on the industry in the last…

African international airlines on losing streak as China trips drop

…Dangote, W’Bank swell support to fight COVID-19 scare Prolonging time of major cities lockdown in China has started taking tolls on the traffic of all African international airlines that make their huge profits from Africa-China traffic. Otherwise, since the outbreak…

Air Peace bags IOSA certification for safety standards in flight operations

Star indigenous airline, Air Peace Airline weekend received the International Air Transport Association (IATA) Operational Safety Audit (IOSA) certification for ranking highest in Nigeria’s compliance to safety standard and procedures. Business Hilights recalls that IOSA is an internationally recognised and…

‘Multiple taxes, low load factor to deny Nigeria, African carriers $200m in 2020’

Latest Global Aviation Outlook Report published Monday by the International Air Transport Association (IATA), has pointed out two key factors that will deny African airlines sizable chunk of projected global net profit of $29.3 billion in 2020. IATA, the clearing…

Competitiveness, infrastructure, multiple regulation bane of Nigerian aviation—IATA

Fresh strategic reforms capable of changing the current discouraging narratives in Nigerian aviation industry have been listed by the leadership of the International Air Transport Association (IATA) at a forum held in Kuwait. In his presentation, IATA’s Director-General and Chief…

Defiant foreign travel agencies going as NCAA clamps down unlicensed operators’

A reform capable of raising the fortunes of struggling indigenous travel agencies is underway as the apex regulatory body, Nigerian Civil Aviation Authority (NCAA) is set to publish list of licensed travel agencies in the country. It is believed that…

Wrong investors, terms may mar planned airport concessions, IATA warns FG

Considering what analysts have seen as previous errors in past infrastructure concession deals of the Federal Government especially in the power sector, the International Air Transport Association (IATA), cautioned the government in rushing the planned concession of four leading international…

Weak regulatory intelligence aided 400 foreign illegal travel agencies

*IATA membership out-crowding NCAA licencees in business—NANTA More facts have emerged on the proliferation of international travel agencies who are operating without the requisite local licences in Nigeria. Recall that the Director in charge of Air Transport Regulation at the…