COVID-19 Crashed Airports’ Revenue To 3% – FAAN             The outbreak of the COVID-19 pandemic led to the crash of airports revenue to as low as three per cent, the Federal Airports Authority of Nigeria stated on Thursday. Managing Director, FAAN, Capt. Rabiu Yadudu, stated this while...

Concession To Leave $1bn Repayment Loan For FAAN - Aviation Workers       The Federal Airport Authority of Nigeria would be put at a disadvantage of bearing a $1bn repayment loan if the Federal Government continues with its concession policy, the unions of airport workers said on...

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...

FG Loses $90m Yearly To Lagos Airport Concession — Reps         The House of Representatives has said the federal government loses over $90 million annually due to alleged shady deals involved in the concession of the local and international wings of the Murtala Muhammed Airport, Lagos...

Local Airlines Rebound With Traffic Surge       Despite the operational hiccups facing the sector, local airlines have recorded a marginal rebound in business, recording improved passenger patronage across networks. And in response to the uptake, some of the carriers are opening new routes and reactivating old ones...

United Nigeria Airline‘ll Boost Our Revenue, Says FAAN         The Federal Airports Authority of Nigeria, FAAN, has said that the coming of a new airline; United Nigeria, has increased the number of domestic flights at the Akanu Ibiam International Airport, AIIA, Enugu to seven airlines. FAAN also...