IATA raises concern over $1.68 billion trapped fund
The group urged Nigeria and other African countries to avoid imposing multiple taxes on their operations.
The group urged Nigeria and other African countries to avoid imposing multiple taxes on their operations.
Out of the 3,073 international flights operated within the first quarter of this year, the report says 1,193 flights were ...
“The certification validates the airline’s high operational and safety standards and is an essential milestone as the airline positions for ...
"Before the end of this administration, before May 29, we will fly,” an official said.
IATA says airlines' trapped funds in Nigeria rose to $743.7 million in January from $662 million it recorded last December.
Emirates laments that it has not repatriated its blocked funds from the country.
Some foreign airlines under the IATA have been in a running battle with the Nigerian government over the inability to ...
The release is short of $464 million (N199.2 billion) the IATA said was trapped in Nigeria as of July.
The central bank says it's doing everything to ensure airlines get their money out.
An estimated $963 million in airline funds are being blocked from repatriation in nearly 20 countries.
Since the lockdown, especially in Lagos, Ogun and the FCT, a lot of businesses including hotels, have been shut.
IATA says the airlines in Africa and the Middle East have lost $4 billion and $19 billion, respectively.
“This is due to heightened military activities and increased political tensions in the Middle East, which present an inadvertent risk ...
The agency said it is extending its support to the NAPTIP "to help detect and prevent the trafficking of persons.
The funds were airlines’ ticket sales and other allied activities which Nigeria could not repatriate.
Rising cost inputs, particularly fuel prices, however, suggest that any demand boosts from lower fares will moderate, going into the ...
The professor has been invited to make a presentation in the U.S.
IATA says the rise is against a mixed backdrop for the region’s largest economies
The airline says it is committed to providing safe, reliable and affordable air transport
The aviation expert urged the airlines to explore professional recommendations in line with the International Air Transport Association. The Sabre ...
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