Senate Proposes Airlines’ Bailout As Operators Insist On Flights Suspension   The Senate Committee on Aviation, on Tuesday, met the Airline Operators of Nigeria over the threat by domestic airlines to suspend flight operations nationwide from Thursday due to high cost of Jet A1, also known...

Airlines Groan As Aviation Fuel Exceeds N600 Per Litre   There is no end in sight to the precarious situation airlines are facing over aviation fuel, known as Jet A1, as the price skyrocketed to an all-time high of N607 per litre yesterday – an increase...

P/Harcourt Refinery Projects 3.96bn Litres Petrol Annually   The Port Harcourt Refining Company, currently under rehabilitation, will supply 11 million litres of Premium Motor Spirit, popularly called petrol, to the domestic market, the latest report put together by the firm has stated. This means the company...

Aviation Fuel Price Rises By 70%   The International Air Transport Association has said the price of jet fuel has continued to increase in recent weeks, with its price increasing by 70 per cent since the start of 2021. According to IATA, the Switzerland-based trade organisation representing...

Airline Operators Lament As Aviation Fuel Price Hits N315/litre       Airline operators have lamented the hike in aviation fuel price, saying the price instability is taking a toll on their operations. The increase in the price of aviaton fuel, also known as Jet A-1, has been an...

Aviation Fuel Price Increases To N270 Per Litre     The price of aviation fuel, known as Jet A1 in the industry, has continued to increase pushing airlines further into the precipice. Findings showed that the price of Jet fuel has risen to between N250 and N275 per...