United Nigeria Airlines Plans N20bn Commercial Paper Debt
United Nigeria Airlines intends to raise N20bn through a commercial paper issuance, marking a first for a Nigerian domestic carrier.
89 aviation articles tagged “iata”
United Nigeria Airlines intends to raise N20bn through a commercial paper issuance, marking a first for a Nigerian domestic carrier.
IATA is urging engine OEMs to expand the Used Serviceable Material market following a landmark EU antitrust settlement with Pratt & Whitney Canada.
Winair is the first airline globally to hold both IOSA and ISSA safety certifications, enabling new partnerships for its Caribbean fleet.
IATA projects Middle Eastern airlines will record a $4.3 billion net loss due to regional conflict and widespread airspace closures.
Ethiopian Airlines reported a 20% increase in annual revenue to $9.1 billion, driven by strong passenger traffic despite rising jet fuel costs.
Outgoing IATA head Willie Walsh will become CEO of IndiGo to lead the low-cost carrier's expansion of 60 Airbus A350 widebody aircraft.
United Airlines expects $6 billion in additional fuel costs this year as the Strait of Hormuz closure forces industry-wide capacity reductions.
Türkiye has become a major global aviation hub through strategic infrastructure and network growth, supporting IATA's 5.2 billion passenger forecast.
Airlines are cutting capacity and suspending routes in 2026 as surging fuel costs and OEM delivery delays force significant operational adjustments.
Lufthansa expects a challenging second half of 2026 as geopolitical risks and fuel costs impact the global airline industry.
IATA global passenger demand fell 2.2% in May 2026 due to regional conflict, though African airlines achieved an 8.9% increase in traffic.
The IATA warns that MRO supply chain bottlenecks for GTF and LEAP engines caused $11 billion in industry losses during 2025.
A new IATA study warns that engine MRO capacity constraints are fueling $11 billion in industry losses while grounding hundreds of aircraft.
American Airlines faces a break-even 2026 as fuel costs rise by $4 billion, forcing route cuts and impacting AAL stock trajectory.
Riyadh Air has commenced commercial operations using its Boeing 787-9 fleet, marking the start of its ambitious Saudi Arabia aviation expansion.
IATA reports 2026 sustainable aviation fuel production will hit only 2.4 million tonnes, covering just 0.8% of global demand and threatening climate goals.
The IATA has halved its 2026 global airline profit forecast to $23 billion, driven by a 70% surge in jet fuel prices and Middle East airspace closures.
The IATA and FAA are tackling passenger baggage retrieval during emergencies, exploring potential fines or locked bins to ensure a 90-second evacuation.
Global SAF production will reach 2.4 million tonnes in 2026, covering just 0.8% of airline needs at a $4.3 billion premium to the industry.
Azul and other Brazilian carriers are reducing capacity as Petrobras jet fuel price hikes and geopolitical tensions drive up operating costs.