Aviation: Air carriers advised to embrace African market

african iata market

Nigerian carriers have been advised to take advantage of the Single African Air Transport Market (SAATM) to expand their operations across the continent. The global airlines’ regulator International Air Transport Association (IATA) said this would be of advantage to Nigerian carriers, to deepen the operational market by flying into more than 40 countries. Besides, flight to scores of countries, IATA […]

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Aviation: Taking Advantage Of Africa’s Huge Air Travel Market

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Presently, the cost of travelling from Lagos to Dakar is as high as the cost of travelling from Lagos to Dubai. This is because the growing market has the poorest air connectivity in the world. With increased air connectivity, the region could turn out to be a huge market that will economically up the ante for Africans. The International Air […]

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Aviation: Africa market ‘the size of Ryanair’; ‘not yet a mature market’- Kenya Airways CEO

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Kenya Airways Group MD and CEO Sebastian Mikosz, speaking at CAPA Airline CEOs in Sydney, said Africa is a “very small market”, “not really well known” and “not yet a mature market”. He noted the market for the whole continent is “the size of Ryanair”, with less than 100 million passengers p/a, and seven airports account for 88% of traffic. […]

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Africa: Shrinking Air Travel Market in Nigeria

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For more than a decade, Nigeria has recorded fewer aircraft operating scheduled services. There has also been a sharp decline in passenger traffic and the number of domestic airlines. Chinedu Eze examines the factors responsible for this slide in an environment with one of the fastest population growth rates in the world. It was predicted that by 2018, passenger traffic […]

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Aviation: A unified air-transport market in Africa will spur code-share and joint venture with foreign airlines- Astral Aviation Boss

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African airlines may stand a chance of attracting partnership with foreign carriers with a single African market. The Chief Executive of African cargo carrier, Astral Aviation and a TIACA board member, Sanjeey Gadhia, said with a single unified air-transport market in place, it is likely that foreign carriers will place more importance on co-operating with African airlines through code-shares and […]

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Africa: 13th Akwaaba African Travel Market: The thrills and frills

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The 13th Akwaaba African Travel Market which kicked off on Sunday, September 10 in Lagos at the Eko Hotel and Suites has for two days running kept Travel and Tourism practitioners from West Africa who converged on the city of aquatic splendour, yearning for more. The three-day event which was officially declared open by the Director General of the National […]

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Cash Crunch hits as Nigerians absent at weekly Liverpool Street Market in London

London’s world famous Sunday market, better known as Liverpool Street Market, in East London is facing hard times as some of its businesses are folding up while many others are struggling to stay afloat due to the low patronage of Nigerians, a Daily Trust findings have shown. The 400-year-old market, which sells mainly clothes for women, men and children; designer […]

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Nigerian Alcoholic spirit market worth $2Bilion

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Nigeria’s spirit market is worth two billion dollars ($2 billion) and it is increasing at six per cent average yearly, according to a report by the Global Agricultural Information Network, GAIN. While imported spirits account for $500 million, local spirits dominate the sector with 75 per cent share as they are cheaper than the imported brands, it added. The report, […]

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Zuma’s visit to Nigeria: resolving discontent, to strengthen relations

-as President Buhari slams MTN as aiding B/Haram -Zuma promises to refund seized $15million arms deal RennOffor As has been speculated to be a strategic move to clear the increasing bubbles that may hinder businesses between two of Africa’s lion States, President Jacob Zuma’s visit to Nigeria with a large business delegation, coupled with the granting of 10 year multiple […]

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