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House To Probe Dormant VAT Waiver For Airlines

House To Probe Dormant VAT Waiver For Airlines       The House of Representatives is to probe the non-implementation of waiver of the payment of Value Added Tax (VAT) granted Nigerian Airlines two years ago. The removal of VAT for domestic airlines was approved in 2018 in an...

IATA Predicts $118.5bn Loss For Airlines In 2020/2021

IATA Predicts $118.5bn Loss For Airlines In 2020/2021         The International Air Transport Association has predicted heavier losses for the aviation industry in 2020 and 2021. According to a report titled ‘Deep losses continue into 2021’, IATA predicted a net loss of $118.5bn for 2020 (higher than...

Airlines, Workers Seek Help To Save 4.8 Million Jobs

Airlines, Workers Seek Help To Save 4.8 Million Jobs       Amidst the ravaging COVID-19, the International Air Transport Association (IATA) and the International Transport Workers’ Federation (ITF) on Tuesday called for urgent government intervention to prevent “an employment catastrophe in the aviation industry.” Estimates from the Air...

NCAA To Sanction Airlines Over N22bn Debts

NCAA To Sanction Airlines Over N22bn Debts       Nigerian Civil Aviation Authority (NCAA) has concluded plans to embark on recovery of over N22 billion owed aviation agencies by indigenous carriers in the last 20 years. The move by the regulatory body would lead to disruption in air...

FAAN Disrupts Airlines’ Operations Over Debts

FAAN Disrupts Airlines’ Operations Over Debts       The Federal Airports Authority of Nigeria (FAAN) recently disrupted the operations of airlines indebted to the agency by delaying the operations of two airlines at the Nnamdi Azikiwe International Airport, Abuja. FAAN officials closed the counters of the two...

#EndSARS: Airlines Increase Airfare Of Domestic Flights

#EndSARS: Airlines Increase Airfare Of Domestic Flights         Following the ongoing protests against police brutality in the country, airfares on domestic routes have increased. The increase in the price regime was reflected by several carriers on weekend flights for one-way trips from Lagos to Abuja. Before now, the...