Travel & Business News

Capt. Josiah Choms, MD, Caverton Helicopters (6 th Right) and Mr. Ewos Iroro, Editor, Travel & Business News (6 th Left) with the top ten winners of the 6 th Caverton Helicopters/National Travel Essay Competition (NTEC 2014/15). From left: Afolabi Oluwapelumi of MMASS in 3 rd place; Otti Faustina of Barachel Model College, Olambe, Ogun State in 6 th place; Oladiran Oluwabukola of International School (Unilag) Lagos in 4 th place; Olorunfemi-Ojo Daniel of MMASS in 9 th place; Oseni Naomi of Princeton College, Surulere, Lagos in 5 th place; Fagboyo Taiwo of Covenant University Secondary School (CUSS), Ota, Ogun State in 8 th place;   Arausi David also of CUSS, in 7 th place; Dada Sarah of Covenant Child College, Ijesha Tedo, Lagos in 10 th place; Halim Blessing of Princeton College, Surulere in 1 st place; and Kyllians Emmanuella also of MMASS in 2 nd place. In line with its philosophy of Raising Future Aviation Professionals , Travel & Busine...

Angela Gittens, DG, ACI Airports Council International (ACI) has released the 19th edition of the Airport Economics Report which covers an in-depth analysis of industry revenues (aeronautical and non-aeronautical) and costs (operating and capital). Angela Gittens, Director General, ACI World, said: “In the face of the ongoing uncertainties in the global economy, global airport revenues remained resilient through the downside risks that have persisted across the world’s markets.” She added that; “Airport revenues experienced sound growth rates in 2013 compared to the previous year. Although there are some regional disparities, growth in key emerging market airports has circumvented the slowdown in the Euro area and other mature markets,” noting that, “Industry revenues as a whole grew by 5.5% from 2012, reaching US$131 billion in 2013. “The latest data also paint an interesting picture of airport profitability. The industry as a whole experienced a return on inve...

Members of the Outgoing Board of Governors  Miami, June 8, 2015: The International Air Transport Industry (IATA) has advocated for an even deeper partnership with governments based on global standards in the critical areas of safety, infrastructure, security, regulation, and environment. Tony Tyler, IATA’s Director General and CEO, said: “Aviation is built on partnerships and the relationship with governments is key. Airlines and governments are well-aligned on safety. But in other areas of government responsibility—infrastructure, security, regulation, and environment—there are opportunities for a deeper partnership.” The call came in Tyler’s Report on the Air Transport Industry to the 71st IATA Annual General Meeting and World Air Transport Summit, which is currently being held in Miami. This year some 3.5 billion people and 55 million tonnes of cargo will travel safety by air over a global network of 51,000 routes. Airlines directly employ 2.5 million peo...

From left: Ewos IRORO, Editor, Travel & Business News; Chinedu Eze, Aviation Correspondent, Thisday Newspapers; Anthony Concil, Director of Communications, IATA; Bekele Kalyesus from Ethiopia; and Roland Ohaeri, Head, Editorial, Aviation & Allied Business Publications. African Journalists at the 71st Annual General Meeting (AGM) of the International Air Transport Association (IATA) holding in Miami, Florida in the USA are set to take center stage as they bring in-depth and up-to-date news and interviews from the global event. They are spotted here with IATA's Director of Communications, Mr. Anthony Concil.

Tony Tyler, IATA DG, Opening the AGM  Miami, June 8, 2015: The International Air Transport Association (IATA) opened its 71st Annual General Meeting (AGM) and World Air Transport Summit in Miami, Florida, with more than 1,000 industry leaders and media in attendance. The meeting is being hosted by American Airlines, FedEx, UPS and Airlines for America (A4A). Anthony Foxx, US Secretary of Transportation “We are excited to be in Miami, a vibrant, multicultural city that is a gateway between North America and Latin America. Like aviation, Miami bridges cultures and nations. This meeting is also a special one for commercial aviation: it was 70 years ago, in 1945, that 57 airlines joined together in Havana, Cuba to found IATA. The mission then and now was to represent, lead and serve the global airline industry by promoting safe, efficient, and sustainable global connectivity,” said Tony Tyler, IATA’s Director General and CEO. As the first order of business, Ame...