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
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...
IATA Warns Against Looming Bankruptcy For Airlines
The world’s airlines are haemorrhaging at the rate of about $300,000 per minute or $13 billion monthly, which could force large swathes of the industry into bankruptcy within months, the International Air Transport Association (IATA) has warned.
Its Director-General...
COVID-19: Nigeria Missing As Airlines Get $160bn Aids
The International Air Transport Association (IATA) has disclosed that governments around the world provided $160 billion in COVID-19 support, but Nigeria is missing.
The N21bn palliative approved for the industry under the Economic Sustainability Programme is yet to...
COVID-19 Breach: Fed Govt May Fine Airlines $94,500
The Federal Government through the Nigerian Civil Aviation Authority could impose a total penalty of $94,500 on international airlines for breaching COVID-19 safety protocols as established by the Presidential Task Force.
Minister of Aviation, Hadi Sirika, said on...
Airlines To Lose $77bn In H2 - IATA
Airlines are on the verge of a looming cash crisis; the International Air Transport Association has said.
It warned that the airline industry would lose $77bn in during the second half of 2020 despite the restart of operations,...