In a country specific analysis of the effects of COVID-19 on airlines’ operations, IATA said Nigeria would record 3.5 million fewer passengers, resulting in a $ 0.76bn revenue loss, risking 91,380 jobs and $0.65bn in contribution to the country’s economy.
IATA called for an urgent action from the government to provide financial relief to airlines as the latest scenario for potential revenue loss by carriers, especially in Africa reached $4bn. The association noted that to minimise the broad damage that the losses would have across African economies, it was vital that governments stepped up their efforts to aid the industry.
“The air transport industry is an economic engine, supporting up to 8.6 million jobs across Africa and the Middle East and $186bn in the GDP. Every job created in the aviation industry supports another 24 jobs in the wider economy. Governments must recognise the vital importance of the air transport industry, and that support is urgently needed.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Covid-19 to cost Nigeria $760m, 91,380 aviation jobs“Airlines have demonstrated their value in economic and social development in Africa and the Middle East and governments need to prioritize them in rescue packages.” Nigeria Coronavirus Airlines Thieves after the president collect billon of dollar forgetting what will later befell on him Re u all aware of the 5gnetqork and it effects?
Source: GuardianNigeria - 🏆 1. / 94 Read more »
COVID-19: Is Nigeria Deceiving Itself and Risking the World?, By Auwal Sani Anwar - Premium Times OpinionOpinion: COVID-19: Is Nigeria Deceiving Itself and Risking the World?, By Auwal Sani Anwar How Insightful That's the same question I keep asking myself. Nigeria really needs to change her approach towards combating COVID-19
Source: PremiumTimesng - 🏆 3. / 78 Read more »
COVID-19: We have traced 6700 contacts says NCDCThe Nigeria Centre for Disease Control (NCDC) says it has traced 6,700 contacts in Nigeria over the novel Coronavirus (COVI9-19) pandemic... Pls start testing ASAP You people are wonderful set of Nigerians...You are indeed our saviour...God will guide and protect you and your family as you people are doing for nigerians Welldone NCDCgov
Source: TheNationNews - 🏆 6. / 69 Read more »
StackPathFatimaBabaUsma1 Jobs?!!
Source: LeadershipNGA - 🏆 4. / 77 Read more »
NCDC apologises, says 'there are 209, not 210 confirmed coronavirus cases in Nigeria' – Daily TrustThe Nigerian Centre for Disease Control (NCDC) has revealed that an error has been discovered in it’s 3rd April, Covid-19 report. The centre had disclosed on Friday that there were 26 new cases of the Covid-19 pandemic in Nigeria. However, a correction to these figures has been made on the centres twitter handle NCDCgov: “CORRECTION … Mcheew, 🙄 Lol H
Source: Daily Trust - 🏆 13. / 51 Read more »
Coronavirus: Benue trains personnel on safety, risk communication - Daily Post NigeriaThe Benue State Government on Saturday trained members of the COVID-19 State Action Committee on safety and on-the-field preventive measures to contain Fes thing fes, mask no reach at least 4 persons there. Wetin una dey teach?
Source: DailyPostNGR - 🏆 11. / 59 Read more »