Jet A1: Why Dangote Refinery May Not End Airlines’ Woes
Dangote refinery which plans to start selling petrol, diesel and aviation fuel in early 2020 promises to end the worry of airline operators over shortage of Jet A1 but it may not bring down the...
Airlines, Others Record N3bn Loss As MMA2 Shutdown For 2days
An estimated N3bn may have been lost to the two-day shutdown of the Murtala Muhammed Airport private terminal (MMA2) operated by Bi-Courtney Aviation Services Limited (BASL), it was learnt.
The losses were recorded by airlines, banks,...
Airlines Lose N1.5bn Over Flight Disruptions By Labour
Domestic airlines said that they have lost about N1.5 billion so far this year due to the picketing of their operations. The operators were reacting to the forced closure of the domestic terminal at the Murtala Muhammed...
AMCON Blames Sole Proprietors For Airlines’ Woes, Demise
The Asset Management Corporation of Nigeria (AMCON) yesterday sought an end to the era of sole proprietorship in the aviation industry, blaming alleged sharp practices among owners for the demise of local airlines.
AMCON, a Federal Government’s special...
Amid End Of 5% VAT, Airlines Retain Ticket Rates
Air travellers expecting marginal review of fares following the recent removal of mandatory five per cent Value Added Tax (VAT) on transportation may have to wait longer.
Airlines operators, who though lauded the gesture, saw the development...
Amid Slow Growth, Airlines Target N12.2tr Profit
The International Air Transport Association (IATA) yesterday announced its expectation for airlines to achieve a collective net profit of N12.2 trillion ($33.8 billion), being 4.1per cent net margin, in 2018.
IATA, the global clearing house for over 280 airlines...
