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IATA

African Airlines Rank Second in Global 2024 Plane Crashes: IATA

In the ever-evolving landscape of global aviation, the year 2024 beckoned with both challenges and achievements. A reminder of both human enterprise and its vulnerabilities, Africa's aviation landscape serves as a poignant reflection of this dual narrative. With ten incidents recorded, Africa positioned itself as the region with the second-highest number of plane crashes. An unsettling statistic indeed, it mirrors the perpetual conflict between ambition and the precarious nature of modern advancements. African…

Africa Sees $950 Million in Airline Funds Tied Up, Reports IATA

Mogadishu (AX) — In a revelation that can ruffle some feathers, the International Air Transport Association (IATA) brought to light that a hefty $950 million of airline moolah is stuck in African nations. This chunk represents a whopping 57% of the world’s aviation money that’s caught in a web due to scarce foreign exchanges. During a pow-wow at the African Airlines Association's big annual shindig in Cairo, IATA's head honcho, Willie Walsh, sounded the alarm, pleading for someone to get a move on and fix this jam!—astating…

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