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Five Months After, Operators Await N17bn Aviation Bailout Balance

Five Months After, Operators Await N17bn Aviation Bailout Balance     Five months after the N5 billion out of a N22bn aviation industry palliative was released, the balance of N17bn has not been disbursed by the federal government. Operators that include airlines, ground handling companies, among others may...

FG Releases N5bn Aviation Bailout, Bars 22-year Aircraft From Nigeria

FG Releases N5bn Aviation Bailout, Bars 22-year Aircraft From Nigeria       The Permanent Secretary, Federal Ministry of Aviation, Hassan Musa on Monday told the House of Representatives that the Federal Government had released N5bn out of the N26bn approved as COVID-19 intervention fund for the aviation...

Airline Operators Lament Exemption From N5bn Aviation Bailout

Airline Operators Lament Exemption From N5bn Aviation Bailout       With the disbursement of a N5 billion bailout in January 2021, there are some airlines who said they have not benefited from this first tranche. Out of the N5bn, airlines got N4bn, while others, including ground handlers, caterers,...

Fed Govt Releases N5bn Aviation Bailout

Fed Govt Releases N5bn Aviation Bailout         After about two months of waiting, the federal government has finally released the N5 billion for the aviation industry. While N4bn went to airlines, N1bn was given to other allied service providers like the ground handling firms, caterers, and...