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...
Airlines, Others Generate N146bn In Nine Months As Aviation Industry Rebounds
The relaxation of travel restrictions occasioned by the COVID19 pandemic and increased economic activities during the year drove recovery in the aviation sector in the first nine months of 2021, a new report obtained...
Nigeria Tops Chart As 11 African Countries Block Airlines’ $700m Revenue
Nigeria and 10 other African countries have stopped foreign airlines from repatriating ticket sales proceeds estimated at $700m to their various head offices in overseas, the International Air Transport Association has said.
The Regional Vice...
IATA Forecasts $201bn 2020-2022 Losses For Airlines
The International Air Transport Association (IATA) yesterday released its latest outlook for the airline industry’s financial performance showing improved results amid the continuing COVID-19 crisis.
Net industry losses are expected to reduce to $11.6 billion in 2022 after a...
Aviation: Fed Govt Okays New Handling Rates, 35 Years After Last Adjustment
The federal government has approved a new Safety Threshold Ground Handling Charges for foreign and domestic airline operators, 35 years after the last adjustment.
A circular signed by the Director-General of the NCAA, Capt....
