HomeTagsAirlines

Tag: Airlines

Airlines Seek Tax Waiver, Bailout, Others In New Recovery Plan

Airlines Seek Tax Waiver, Bailout, Others In New Recovery Plan         Worried by the challenges facing global air travel in the COVID-19 era, airlines have drawn up a market stimulation strategy for governments to adopt to enable the industry to recover. The airlines, under the aegis of...

COVID-19: Airlines Face New Threat As Second Wave Spreads

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...

NCAA, Airlines Settle On N22bn Debt

NCAA, Airlines Settle On N22bn Debt         The Nigerian Civil Aviation Authority (NCAA) said yesterday it is developing a flexible payment plan to retrieve the over N22bn debts being owed by airline operators. Economic Confidential reports that the NCAA had recently vowed to impose sanctions for operators...

Local Airlines Hike Fares To 100%

Local Airlines Hike Fares To 100%         One of the most expensive pricing regimes in local airfares may be upon the aviation industry, as ticket rates have more than doubled in a week. The spike, which operators blamed on an exchange rate that hit N500 to $1...

COVID-19: FG Offers Airlines N500bn Single-Digit Loans

COVID-19: FG Offers Airlines N500bn Single-Digit Loans         The Federal Government has opened a N500 billion credit window for airlines to access single-digit loans to boost their operation and aid recovery from the COVID-19 pandemic. This is separate from the N5bn provided for airlines and other allied...

Airlines Hike Airfares By 100% As Operating Costs Rise

Airlines Hike Airfares By 100% As Operating Costs Rise       The cost of air tickets along several routes have doubled due to the high demand for air travel in light of the rising insecurity in the country and cost of flight operations. Checks on several airline websites...