Passenger demand plunges on Covid-19 travel restrictions, As African airlines’ traffic slip 1.1 %

The International Air Transport Association (IATA) has announced global passenger traffic data for February 2020 showing that demand (measured in total revenue passenger kilometers or RPKs) fell 14.1percent compared to February 2019. This was the steepest decline in traffic since 9.11 and reflected collapsing domestic travel in China and sharply falling international demand to/from and within the Asia-Pacific region, owing to the spreading COVID-19 virus and government-imposed travel restrictions. February capacity (available seat kilometers or ASKs) fell 8.7percent as airlines scrambled to trim capacity in line with plunging traffic, and…

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Nigeria’s airlines suffer $0.76b revenue loss, risks 91,380 jobs, as IATA calls for urgent govt. support

The International Air Transport Association, IATA has strengthened its call for urgent action from governments in Africa and the Middle East to provide financial relief to airlines as the latest IATA scenario for potential revenue loss by carriers in Africa and the Middle East reached US$23 billion (US$19 billion in the Middle East and US$4 billion in Africa).   This translates into a drop of industry revenues of 32percent for Africa and 39 percent for the Middle East for 2020 as compared to 2019. Some of the impacts at national…

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Don’t abandon staff this Covid 19 period, Nnaji appeals to Max Air, others

The House Committee Chairman on Aviation, Hon. Nnolim Nnaji has appealed to airlines and private organisations within the aviation sector not to abandon their staff in this period of uncertainties occasioned by COVID19 pandemic. Hon. Nnaji who represents Nkanu East/West Federal Constituency of Enugu State said he was disturbed by the memo issued to its staff by Max Air to the effect that it would not pay them salaries for the period of the two weeks lockdown directive by the federal government. He noted that “the memo which has now…

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