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...

Local Airlines Spend N44bn Annually On Overseas Maintenance       Overseas maintenance of aircraft costs scheduled local airlines excess of N44 billion yearly. The capital flight, from a conservative estimate of about 70 operating airplanes, lately soared given the black market exchange rate of close to N500/$1. Stakeholders said...

All International Airports’ll Become Fully Operational Soon, Says FG       All five international airports in Nigeria will become fully operational to international flights in a couple of weeks, the Federal Government said on Monday. Speaking on behalf of the aviation industry at the COVID-19 Presidential Steering Committee...

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...

Azman Reshuffles Management Following NCAA Audit       Azman Air has reshuffled a number of appointments amongst its management cadre following the recently concluded audit of the airline by the Nigerian Civil Aviation Authority. In a letter signed by the Admin and Human Resources Manager, Magaji Misau, on...

Azman Failed To Remit N1.54bn Service Charges - NCAA       Azman Air owes the Nigerian Civil Aviation Authority the sum of N1,545,262,120.31 as of December 2020, the regulatory body has said. This was contained in a detailed audit of the airline by NCAA following the suspension of...