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Airlines to Boost Domestic Fleet with Dry-leased Planes

The Airline Operators of Nigeria (AON) yesterday disclosed that Nigerian airlines would start receiving dry-lease aircraft from lessors across the world.

Global Aircraft Leasing Market to Hit $315b by 2033

Global Aircraft Leasing Market to Hit $315b by 2033 The global commercial aircraft leasing market size is projected to increase to $315.9 billion in the next nine years, data from industry regulators have revealed. The market, according to industry projection, is anticipated to spike at a...

Airline Operators Reject FG’s $300 Helicopter Landing Fee

Airline Operators Reject FG's $300 Helicopter Landing Fee The Airline Operators of Nigeria (AON) has said aside from lacking a legal framework, the Nigerian Airspace Management Agency (NAMA) does not provide any additional service to helicopter operators to justify the imposition of a landing fee. The...

AON Seeks licence to Import Jet Fuel, Forex

AON Seeks licence to Import Jet Fuel, Forex Domestic airlines under the aegis of Airline Operators of Nigeria, on Monday, demanded that the Federal Government should allow AON procure the requisite licence for the importation and distribution of aviation fuel, popularly called JetA1. AON also asked...

Sirika To Airlines: Stop Blaming Govt For Profit Decline

Sirika To Airlines: Stop Blaming Govt For Profit Decline       Minister of Aviation, Senator Hadi Sirika, has cautioned members of the Airlines Operators of Nigeria, against accusing his ministry and aviation regulatory agencies for the unfavourable operating environment and decline in their profits. Sirika gave the caution...

Local Airlines’ Debt Burden Hits N22bn

Local Airlines’ Debt Burden Hits N22bn       Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22 billion. A breakdown showed the sum of N19.37 billion and $6,993,284 million (N2.7 billion) as unremitted Ticket Sales Charge...