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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...

‘Domestic Airlines Pay 40% of Ticket Revenue as Tax’

The Airline Operators of Nigeria has said the domestic carriers in the country are being stifled by the manipulation, feasting and pushing of their finances through multiple taxes, charges and levies to the extent that the airlines are now groaning under the pressure and...

FG Undermining Domestic Airlines, Say Operators

The Airline Operators of Nigeria has said domestic carriers are being undermined by the government through lack of support for their operations. The Chairman, AON, Capt. Noggie Meggison, said in a statement that while foreign exchange was regularly being allocated to importers of petrol at...