Source: International Air Transport Association (IATA) |

Aviation Drives Economic Prosperity for Mauritius

International Air Transport Association (IATA) encouraged Mauritius to take a leadership role in fulfilling its Abuja Declaration commitment to recognize the IATA Operational Safety Audit (IOSA) in its safety oversight regulatory framework

The International Air Transport Association (IATA) called on the government of Mauritius to continue to focus on aviation as a strategic enabler of the country’s economic and social development. "The leaders of Mauritius have always understood that air connectivity is vital. As we celebrate the first half-century of the country’s…

Source: International Air Transport Association (IATA) |

African carriers saw freight demand increase by 15.9% in February 2018 compared to the same month last year – the largest increase of any region

The increase was helped by very strong growth on the trade lanes to and from Asia driven by ongoing foreign investment flows into Africa

The International Air Transport Association (IATA) released demand growth results for global air freight markets for February 2018 showing a 6.8% increase in demand measured in freight tonne kilometers (FTKs) compared to the same period last year. Adjusting for the potential Lunar New Year distortions by combining growth in January…

Source: International Air Transport Association (IATA) |

The International Air Transport Association Welcomes Single African Air Transport Market but Says Effective Implementation is Key

Enhanced connectivity will stimulate demand, improve the competitiveness of the African airline industry, and make air travel more accessible

The International Air Transport Association (IATA) welcomes the launch of the Single African Air Transport Market (SAATM) initiative by the African Union (AU) to open up Africa’s skies and improve intra-African air connectivity. Enhanced connectivity will stimulate demand, improve the competitiveness of the African airline industry, and make air travel…

Source: International Air Transport Association (IATA) |

Blocked Funds, Connectivity, Infrastructure, & Safety Top Agenda for Angola at the International Air Transport Association Day

IATA’s recent study found that if 12 key African markets, including Angola, were opened up, an extra 155,000 jobs and US$1.3 billion in annual GDP would be created in those countries

The International Air Transport Association (IATA) forecasts a trebling in the size of Angola’s air transport market to 7.1 million passengers a year by 2036 at the present forecast annual growth rate of 6.7 per cent. However, even faster growth with greater socio-economic benefits for Angola could be achieved if the…

Source: International Air Transport Association (IATA) |

Safety, Connectivity, Blocked Funds, ATM & Human Capital Top Agenda for Africa

Over the next 20 years passenger demand is set to expand by an average of 5.7% annually

The International Air Transport Association (IATA) highlighted five priorities which must be addressed for aviation to deliver maximum economic and social benefits in Africa. These are: Enhancing safety efforts Enabling airlines to improve intra-Africa connectivity Unblocking airline funds Avoiding air traffic management re-fragmentation and over-investment Ensuring that Africa has the…

Source: International Air Transport Association (IATA) |

Safety, Blocked Funds, Connectivity, Smarter Regulation Top Agenda for Africa at IATA Aviation Day

African aviation currently supports 6.8 million jobs and contributes $72.5 billion in GDP

The International Air Transport Association (IATA) forecasts Africa will be a market of 350 million airline passengers by 2035 and identified four priorities which must be addressed if aviation is to deliver maximum economic and social benefits for the countries on the continent. African aviation currently supports 6.8 million jobs…

Source: International Air Transport Association (IATA) |

Another Strong Year for Airline Profits in 2017

Carriers in Africa are expected to deliver the weakest financial performance with a net loss of $800 million

The International Air Transport Association (IATA) announced that it expects the global airline industry to make a net profit in 2017 of $29.8 billion. On forecast total revenues of $736 billion, that represents a 4.1% net profit margin. This will be the third consecutive year (and the third year in…

Source: International Air Transport Association (IATA) |

Infrastructure, Taxes and Charges, Consumer Protection and Security - Top IATA Agenda at AACO

Passenger demand in MENA is set to expand by 4.8% each year on average over the next 20 years, to become a market of 400 million passengers in 2035

The International Air Transport Association (IATA) highlighted four priorities in the Middle East and North Africa (MENA) which must be addressed for aviation to deliver maximum economic and social benefits. These are: Sufficient and affordable infrastructure capacity (including air traffic management), aligned with user needs Curbing the spate of unprecedented…

Source: International Air Transport Association (IATA) |

IATA Signs MoU with The African Union Commission

The International Air Transport Association (IATA) and The African Union Commission (AU) signed a memorandum of understanding (MoU) to expand strategic cooperation to further the continent’s economic and social development with the benefits of safe, efficient and sustainable air transport in Africa. The MoU was signed by Tony Tyler, IATA’s…