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Flight Disruptions Loom As Aviation Fuel Scarcity Worsen

Flight Disruptions Loom As Aviation Fuel Scarcity Worsen   Domestic airlines under the aegis of the Airline Operators of Nigeria have warned Nigerians of impending disruptions in scheduled flight operations due to the scarcity of aviation fuel otherwise known as JETA1. The AON in a statement signed...

No Immediate Solution To Aviation Crisis, Says FG

No Immediate Solution To Aviation Crisis, Says FG   There are no immediate solutions to the current crisis rocking Nigeria’s aviation sector as the cause of the major challenge in the industry is a global issue, the Federal Government declared on Tuesday. Although the government stated that...

In Three Months, Aviation Fuel Import Rose By 287% To N293bn

In Three Months, Aviation Fuel Import Rose By 287% To N293bn   The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N292.56 billion on the importation of aviation fuel, known as Jet A1 in the first three months of the year – January to...

Aviation Fuel Now N714/Litre

Aviation Fuel Now N714/Litre   There are fears that, at least, three domestic airlines may close shop in the coming months due to the continuous rise in the price of Jet A1, otherwise known as aviation fuel. The Airline Operators of Nigeria (AON) has raised the alarm...

High Crude Prices Increase Aviation Fuel By 121.4% To N620/Litre

High Crude Prices Increase Aviation Fuel By 121.4% To N620/Litre   The price of aviation fuel has increased by 121.4 per cent to N620 per litre in June 2022, from N280 per litre in the corresponding period of 2021, due mainly to the rising price of...

Despite Interventions, Aviation Fuel Sells Above N500

Despite Interventions, Aviation Fuel Sells Above N500   Despite interventions by the Nigerian National Petroleum Company Limited (NNPCL) and the House of Representatives, aviation fuel or Jet A1 has continued to sell above N585 per litre. The fuel is said to take about 40 per cent of...