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Nigeria, Other African Countries Owe Foreign Airlines $1 68 Billion-IATA

Nigeria, Other African Countries Owe Foreign Airlines $1 68 Billion-IATA
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How non-reciprocity, multiple charges fuel low market penetration

Apparently worried by the perennial low market penetration in global traffic, the International Air Transport Association (IATA) has hinged stunted growth of the air transport sector in Nigeria and other African countries on non-reciprocity of flight operations and multiple charges at airports on the continent. IATA, which is the clearing house for over 280 world […]

Airlines In Africa, Middle East To Pay $222billion Extra For Fuel In 2022 — International Agency, IATA

  The International Air Transport Association has disclosed that aviation companies will pay an additional $222 billion for fuel this year. In his address to the 2022 General Assembly of the African Airlines Association in Dakar, Senegal, IATA's Regional Vice President for Africa and the Middle East, Kamil Alawadhi, said that while oil prices have retreated from mid-year peaks, the average price of jet fuel this year has been $138.8 per barrel.

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