Multiple Taxes, Levies, Greed Grounding Airlines, Says AMCON
The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria, Mr Ahmed Kuru, has said numerous charges and taxes by regulatory agencies are some of the factors causing airlines failure in Nigeria.
He also blamed banks for rushing...
Airport Taxes, Charges Cost Airlines 38% Revenue
The multiple charges and taxes levied by airports in Nigeria and other African countries have gone up some notches, and now cost the carriers as much as 38 per cent of total earnings.The Director of African Airlines Association’s...
Airlines Lost 70% Cargos To Sea Operators
There has been a drop in cargo operations in the country, the President, Association of Foreign Airlines Representatives of Nigeria, Mr Kingsley Nwokoma, has said.
He said most importers had decided to ferry their cargoes through the sea which...
Review Agreements With Airlines, Stakeholders Urge Sirika
following the inauguration of ministers on Wednesday, stakeholders in the aviation industry have asked the Minister of Aviation, Senator Hadi Sirika, to consider reviewing Bilateral Air Service Agreement Airlines with other countries.
Stakeholders had in the last few weeks...
Airlines Recorded Slow Traffic Growth In February
Airlines recorded slow growth in passenger demand for the month of February, with total Revenue Passenger Kilometers (RPKs) rising by 5.3 per cent, compared to February 2018.
The International Air Transport Association (IATA), in a global passenger traffic results...
Uncertainty Grips Airlines Over Forex Rate
There seems to be unease in the airline industry over uncertainty in the foreign exchange market amidst concern that the rate could further skyrocket as 2019 progresses.
This concern was raised, yesterday, by the Managing Director/Chief Executive Officer of Med-View...
