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Tag: Nigerian Civil Aviation Authority (NCAA)

Aviation Fuel Price Increases To N270 Per Litre

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...

NCAA, Airlines Settle On N22bn Debt

NCAA, Airlines Settle On N22bn Debt         The Nigerian Civil Aviation Authority (NCAA) said yesterday it is developing a flexible payment plan to retrieve the over N22bn debts being owed by airline operators. Economic Confidential reports that the NCAA had recently vowed to impose sanctions for operators...

Local Airlines Hike Fares To 100%

Local Airlines Hike Fares To 100%         One of the most expensive pricing regimes in local airfares may be upon the aviation industry, as ticket rates have more than doubled in a week. The spike, which operators blamed on an exchange rate that hit N500 to $1...

Lawmakers Review Six Aviation Bills

Lawmakers Review Six Aviation Bills       House of Representatives has begun a review of six aviation bills as part of efforts to reposition the industry for efficiency. Speaking at the opening of a three-day public hearing, the Speaker of the House, Femi Gbajabiamila, said the House was...

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...

Airlines Resume, Seek Release Of N27bn Bailout

Airlines Resume, Seek Release Of N27bn Bailout         Local airlines, yesterday, resumed skeletal services following last week’s disruption by the EndSARS protests and the attendant curfew imposed by the Lagos State government. The demonstrations, which had forced some foreign operators to suspend flights, resulted in grounding of...