Airlines Reduce Flights By 60% Days After Presidential/NASS Elections   As the Presidential election results collation continues amidst tension across the country, airlines operating domestic operations have continued to carry out skeletal operations over shortage of passengers. Checks at the Murtala Muhammed Airport, Ikeja Lagos yesterday showed...

In 2022, Airlines Spend $192bn on Jet-A1 The Nigerian aviation sector has spent $192bn in 2022 on aviation fuel alone, a report by Philips Consulting Limited said. According to the report titled, ‘Nigeria’s Aviation Industry Customer Satisfactory Survey Report 2022’, obtained by The punch, in the...

CBN Set to Save Aviation Sector, Releases $265 Million to Airlines In a move to check a brewing crisis in the country’s aviation sector, the Central Bank of Nigeria (CBN) on Friday, August 26, 2022, released the sum of $265 million to airlines operating in...

No Plan To Sell Tickets In Dollars Says NANTA President Travel agents under National Association of Nigeria Travel Agencies, (NANTA) have denied plans to sell air tickets in dollars due to FX scarcity and airlines inability to repatriate their earnings. Following recent information on ticket sales...

Senate Proposes Airlines’ Bailout As Operators Insist On Flights Suspension   The Senate Committee on Aviation, on Tuesday, met the Airline Operators of Nigeria over the threat by domestic airlines to suspend flight operations nationwide from Thursday due to high cost of Jet A1, also known...

Airlines Groan As Aviation Fuel Exceeds N600 Per Litre   There is no end in sight to the precarious situation airlines are facing over aviation fuel, known as Jet A1, as the price skyrocketed to an all-time high of N607 per litre yesterday – an increase...