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Aviation Experts Blame CBN Over Aviation Crisis

Aviation Experts Blame CBN Over Aviation Crisis The Central Bank of Nigeria has been advised by aviation experts to allow foreign airlines to access their funds. The Federal Government of Nigeria, a few days ago, bowed to pressure from foreign airlines after a number of them...

Aviation Fuel Revenue Falls By N20.03bn

Aviation Fuel Revenue Falls By N20.03bn       The total revenue generated by two of the major oil marketing companies in the country from the sale of aviation fuel plunged by 57.99 per cent in 2020, compared with 2019. Last year, the nation’s airports were closed on March...

COVID-19: Airlines Face New Threat As Second Wave Spreads

COVID-19: Airlines Face New Threat As Second Wave Spreads       With the rising cases of COVID-19 in Nigeria and other countries, Nigerian airlines are likely to be hard hit again by the impact of the looming second wave on air travel. Aviation experts have expressed worry that...

Controversy Rages Over N4bn Airline Bailout

Controversy Rages Over N4bn Airline Bailout         There is a raging controversy over the approved disbursement of the N4 billion bailout for airline operators to reduce the effects of the COVID-19 pandemic. There have been views on what the N4bn can do to the operations of airlines....

Airlines Hike Airfares By 100% As Operating Costs Rise

Airlines Hike Airfares By 100% As Operating Costs Rise       The cost of air tickets along several routes have doubled due to the high demand for air travel in light of the rising insecurity in the country and cost of flight operations. Checks on several airline websites...