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50% Of Airlines To Go Bankrupt Without Bailout By July End

50% Of Airlines To Go Bankrupt Without Bailout By July End     At least one in every two airlines is now at risk of collapse given the dearth of lifesaving financial supports, the International Air Transport Association (IATA), has said. IATA, the clearing house for over 280...

FG, Airlines Perfect Plans To Disinfect Airports, Aircrafts

FG, Airlines Perfect Plans To Disinfect Airports, Aircrafts     The Federal Government, airline operators and airport managers have concluded arrangements for the disinfection of aircraft airports across the country. It was gathered that the disinfection exercise should be completed before the June 21, 2020 target date for...

World Airlines’ Debt To Hit $550bn By End Of Year

World Airlines’ Debt To Hit $550bn By End Of Year     The airline industry’s global debt could rise to $550billion by year-end, the International Air Transport Association (IATA), has said. The debt is a $120billion increase over debt levels at the start of 2020. According to...

FG To Certify Airlines Before Flights Resume

FG To Certify Airlines Before Flights Resume     The Federal Government is to certify airlines and other operators in Nigeria before the resumption of flights once the country’s airspace and airports are re-opened for commercial operations. It was also gathered on Wednesday that all operators in the...

Airlines, Tourism Operators Seek $10bn Relief To Save Industry

Airlines, Tourism Operators Seek $10bn Relief To Save Industry   The survival of the travel and tourism industry in Nigeria and other African countries has been hinged on foreign relief package in excess of $10 billion. The estimate, yesterday released by a coalition of international travel and...

Airline Operators Seek VAT Waiver, Subsidy On Staff Salaries

Airline Operators Seek VAT Waiver, Subsidy On Staff Salaries   Airline Operators of Nigeria (AON) on Tuesday outlined possible areas of palliatives to cushion the effect of the lockdown on domestic airlines. Among the “low hanging fruit palliatives” which the operators want the Federal Government to...