First Independent Mena Newspaper
The International Air Transport Association (IATA) has urged African governments to take decisive action to strengthen the continent’s aviation sector, describing it as a vital engine for economic growth, connectivity, and job creation. Currently contributing $75 billion to Africa’s GDP and supporting 8.1 million jobs, the aviation industry is projected to grow at 4.1% annually, […]
Despite Africa’s burgeoning tech sector and ambitious continental trade plans, outdated border systems and restrictive visa policies are poised to cost the continent an estimated $80 billion in lost economic potential over the next decade. According to a recent report from the International Air Transport Association (IATA), Africa’s aviation growth is being stunted by paper-based […]
The International Air Transport Association (IATA) downgraded its 2025 projections Monday, forecasting fewer than five billion air trips this year compared to the previously anticipated 5.22 billion, as the aviation sector faces mounting economic uncertainties. During IATA’s annual general assembly in New Delhi, the organization revised industry profit expectations to $36 billion, down $600 million […]
African nations are investing billions in airport infrastructure as passenger traffic across the continent is projected to double to 300 million annually by 2040, according to the International Air Transport Association (IATA), which forecasts average growth of 5.7% per year through 2034. Ethiopia leads this transformation with plans for Africa’s largest airport near Bishoftu, 40km […]
The International Air Transport Association (IATA) has lauded Morocco’s “Airports Strategy 2030” aimed at modernizing airport infrastructure, enhancing the passenger experience, and turning the country into a major global and regional aviation hub. Aviation is a key pillar of Morocco’s economy. In 2023, aviation (including aviation-related tourism) supported856,000 jobs and contributed 7.9% ($11.2 billion) to […]
The African Airlines Association (AFRAA) and the International Air Transport Association (IATA) have extended their collaboration to aid Africa’s economic growth through a safer, more connected, and sustainable aviation industry. AFRAA’s Secretary General Berthé and IATA regional vice-president for Africa & Middle East Kamil Alawadhi signed a “Letter of Intent” for the renewal of the […]
African airlines have achieved a 34.7% surge in passenger traffic over the past year, displaying remarkable resilience against the odds, yet their global share still remains modest at 2.1%. African airlines have even outpaced their counterparts in Europe, the Middle East, and across the globe in terms of total passenger traffic for the month of […]
The cost of air travel within the East African Community (EAC) region is still very high, which is also due to high operating costs and onerous visa requirements experienced by African airlines, regional legislators and a senior airline executive have complained. The East African Legislative Assembly (EALA) has recently called on EAC member state leaders […]
The Central Bank of Nigeria said (26 August) it has made US$ 265 million available for release to international airlines shortly after the Dubai-based Emirates airline announced that it has put a hold on flight operations in and out of Nigeria due to its inability to repatriate funds from the West African country. The money […]
The Dubai-based Emirates airline will suspend all flights to Nigeria from 1 September after the West African country has failed to repatriate millions of dollars of its funds. The airline said it took the “difficult decision” in order to limit further losses, citing circumstances “beyond our control”, in a statement on Thursday (18 August). Emirates […]