Fed Govt Orders Domestic Airlines To Reverse 60% Airfare Hike   The Federal Government on Wednesday ordered domestic airlines to reverse the recent over 60 per cent hike in airfares on domestic routes. It gave the order after investigations by the Federal Competition and Consumer Protection Commission...

Tough Time For Travellers Over High Air Fares       At a time demands for air travel usually increase, travellers have faced constraints over spike in air fares amidst paucity of flights in the domestic travel market. Daily Trust can report that air fares have gone astronomically high...

Domestic Airlines Lose N3bn Daily Over Lagos Curfew         Domestic airlines are said to be losing about N3 billion daily to the curfew in Lagos as they have been forced to reduce flights by over 70 per cent in Lagos. The curfew is fast spreading to other...

Domestic Airlines May Raise Fares Following VAT Increase   There are indications that domestic airlines may raise airfares following the increase in Value Added Tax from five per cent to 7.5 per cent by the Federal Government. Our correspondent gathered that airline operators are considering the increase...

Airlines Face Aviation Fuel Scarcity As Price Goes Up   Domestic airlines are currently facing some scarcity of aviation fuel which has pushed up prices, investigation has shown. Our correspondent gathered on Monday that in the last four days, there had been scarcity of aviation fuel otherwise...

FG Defaults On VAT Waiver For Domestic Airlines More than one year after the pronouncement for Value Added Tax (VAT) to be removed from air transport, the Federal Government has failed to implement the order. Findings by our correspondent showed that domestic airlines still pay VAT,...