Nigerian airlines, others record 91% revenue growth – IATA

212

The International Air Transport Association has said that passengers revenue in Nigeria and other African countries rose by 90.5% between September 2021 and 2022 despite global economic and geographical uncertainties.

This was disclosed in a statement released on Friday.

The statement read, “Total traffic in September 2022 rose 57.0% compared to September 2021. Globally, traffic is now at 73.8% of September 2019 levels”.

”Domestic traffic for September 2022 was up 6.9% compared to the year-ago period. Total September 2022 domestic traffic was at 81 per cent of the September 2019 level.

According to the Director General, IATA, Willie Walsh, the demand for air transport continues to recover ground, despite economic and geopolitical uncertainties,

He further said that after nearly three years of pandemic travel complexity, travellers now wanted simplification and convenience, noting that it was an important message for airlines but also for airports and governments.

“They own many of the facilitation processes that let passengers down at some key airports over this year’s northern summer travel season.

The global trade body representing over 290 international airlines across 120 countries said that strong demand helped the industry cope with high fuel prices.




Leave a Reply

Your email address will not be published. Required fields are marked *