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...
Aviation Fuel Revenue Falls By N20.03bn
The total revenue generated by two of the major oil marketing companies in the country from the sale of aviation fuel plunged by 57.99 per cent in 2020, compared with 2019.
Last year, the nation’s airports were closed on March...
