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NCAA To Sanction Airlines Over N22bn Debts

NCAA To Sanction Airlines Over N22bn Debts       Nigerian Civil Aviation Authority (NCAA) has concluded plans to embark on recovery of over N22 billion owed aviation agencies by indigenous carriers in the last 20 years. The move by the regulatory body would lead to disruption in air...

Sirika To Airlines: Stop Blaming Govt For Profit Decline

Sirika To Airlines: Stop Blaming Govt For Profit Decline       Minister of Aviation, Senator Hadi Sirika, has cautioned members of the Airlines Operators of Nigeria, against accusing his ministry and aviation regulatory agencies for the unfavourable operating environment and decline in their profits. Sirika gave the caution...

Local Airlines’ Debt Burden Hits N22bn

Local Airlines’ Debt Burden Hits N22bn       Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22 billion. A breakdown showed the sum of N19.37 billion and $6,993,284 million (N2.7 billion) as unremitted Ticket Sales Charge...

Unremitted Ticket, Cargo Charges Now Exceeds N10bn – NCAA

Unremitted Ticket, Cargo Charges Now Exceeds N10bn – NCAA       The Nigeria Civil Aviation Authority (NCAA), the aviation regulator said unremitted Ticket Sales Charge (TSC) and Cargo Sales Charge (CSC) have exceeded N10 billion. The TSC and CSC is the money collected by airlines and remitted to...

Fed Govt Approves N5bn Bailout For Aviation Sector

Fed Govt Approves N5bn Bailout For Aviation Sector         The Federal Government has said it will soon commence the disbursement of the N5 billion bailout it approved for the operators in the aviation sector. Minister of Aviation, Senator Hadi Sirika disclosed this on Monday at the opening...

COVID-19 Breach: Fed Govt May Fine Airlines $94,500

COVID-19 Breach: Fed Govt May Fine Airlines $94,500       The Federal Government through the Nigerian Civil Aviation Authority could impose a total penalty of $94,500 on international airlines for breaching COVID-19 safety protocols as established by the Presidential Task Force. Minister of Aviation, Hadi Sirika, said on...