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Airline Operators Bemoan Excessive Taxes in Nigeria’s Aviation Industry

Airline Operators Bemoan Excessive Taxes in Nigeria's Aviation Industry   Prof Obiora Okonkwo, Founder of United Nigeria Airlines and spokesperson for the Airline Operators of Nigeria, has expressed dismay over the numerous charges imposed by government agencies on the aviation sector, stating that these levies have...

Airfare Hike Due To Forex, Aviation Fuel Scarcity – Operators

Airfare Hike Due To Forex, Aviation Fuel Scarcity - Operators   The Airline Operators of Nigeria has explained that foreign exchange and aviation fuel shortages in the country were responsible for the recent hike in airfares. The spokesperson of AON, Prof Obiora Okonkwo, disclosed this to our...

Airline Operators Lament As Aviation Fuel Price Hits N315/litre

Airline Operators Lament As Aviation Fuel Price Hits N315/litre       Airline operators have lamented the hike in aviation fuel price, saying the price instability is taking a toll on their operations. The increase in the price of aviaton fuel, also known as Jet A-1, has been an...

Airline Operators Lament Exemption From N5bn Aviation Bailout

Airline Operators Lament Exemption From N5bn Aviation Bailout       With the disbursement of a N5 billion bailout in January 2021, there are some airlines who said they have not benefited from this first tranche. Out of the N5bn, airlines got N4bn, while others, including ground handlers, caterers,...

Airlines To Reduce Fares Following VAT Removal

Airlines To Reduce Fares Following VAT Removal         Airlines are planning to reduce fares in response to the removal of 7.5 per cent Value Added Tax (VAT). The suspension of VAT from air fares took effect from January 1, 2021, as part of incentives contained in...

Sirika To Airlines: Stop Blaming Govt For Profit Decline

Sirika To Airlines: Stop Blaming Govt For Profit Decline       Minister of Aviation, Senator Hadi Sirika, has cautioned members of the Airlines Operators of Nigeria, against accusing his ministry and aviation regulatory agencies for the unfavourable operating environment and decline in their profits. Sirika gave the caution...