First bank

Home Tags COVID-19

Tag: COVID-19

ACI and IATA Call for Urgent Financial Assistance to Protect Jobs...

The Airports Council International (ACI) World and International Air Transport Association (IATA) has come together to call for governments to quickly grant financial relief...

Post COVID-19: Hon. Nnaji Suggests Intervention Fund for Air Transport

The House of Representatives Committee Chairman on Aviation, Hon. Nnolim Nnaji has stressed the need for a special intervention fund for the air transport...

ITF and IATA Seek Support from Governments to Preserve Aviation Industry

The International Transport Workers’ Federation (ITF) and the International Air Transport Association (IATA) has called for support from governments to the aviation industry, to...

FG Extends Closure of International Airports

The Federal Government of Nigeria yesterday stated that it is adding another two weeks to the closure of international airports in the country due...

SAA on the Verge of Collapse, Set to Lay Off Staff

South African Airways plans to lay off its entire workforce after failing to persuade the government to provide more financial aid, a move that threatens to ground...

Qatar Airways and Standard Chartered sign $850m Aircraft Financing Agreement

Qatar Airways and Standard Chartered have successfully signed a US$ 850 million financing in respect of seven Boeing 787-9 aircraft. This transaction demonstrates the...

Qatar Cargo Prioritises Transport of Essential Medical Supplies and Aid Relief

Qatar Airways Cargo has increased services around the world, operating freighters and freight-only passenger aircraft to ensure the continuity of global trade and transportation...

Airlines Facing Rapid Cash Burn

The International Air Transport Association (IATA) published new analysis showing that airlines may burn through $61 billion of their cash reserves during the second...

COVID-19: Arik Air Suspends Commercial Flight Operations

Arik Air has announced a temporarily suspension of all scheduled commercial flight operations effective 23:00hrs on Friday, March 27, 2020. The management of the airline...

COVID-19: Arik Air suspends flights to West Coast

Arik Air has announced the temporary suspension of flights to all its West Coast destinations effective Monday, March 23, 2020. The management of the airline...