Tag
WILLIE WALSH
African airlines recorded a 7.1% year-on-year increase in international passenger traffic in August 2025, according to data released by the International Air Transport Association (IATA).
In April 2024, African airlines experienced a 10.6% year-on-year increase in air cargo demand, aligning with robust global growth in the air cargo market in the second quarter of the year.
Foreign airlines' trapped funds in Nigeria has risen to $818.2 million, the highest of such record in the entire world.
War in Ukraine, interest rate hikes, and COVID-19 are the three major factors affecting airlines in Nigeria and globally in 2022.