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High Operating Costs Force Airlines to Increase Flight Seats

High Operating Costs Force Airlines to Increase Flight Seats As part of strategies to beat high operating costs in the aviation industry, domestic airlines have increased the number of flight seats, allowing more travelers to commute and boost revenue. The President of the National Association of...

‘Foreign Airlines Trapped Funds Will Be Remitted Soon’

'Foreign Airlines Trapped Funds Will Be Remitted Soon' The Federal Government of Nigeria has taken a major step towards resolving the issue of trapped funds belonging to foreign airlines operating in the country. The President of the National Association of Travel Agents of Nigeria (NANTA) Susan...

Increase In Air Fares, Government Must Find Solution — NANTA

Increase In Air Fares, Government Must Find Solution — NANTA The National Association of Nigeria Travel Agencies (NANTA) on Thursday said the continued increment in the price of local and international air fares was unacceptable to Nigerians and the trade association. Mrs Susan Akporiaye, NANTA’s National...

Airlines Selling Tickets in Dollars Will be Penalised – FG  

Airlines Selling Tickets in Dollars Will be Penalised - FG   In response to airline plans to sell tickets in foreign currency, the Federal Government says it will penalize foreign airlines selling tickets in dollars. The Minister of Aviation, Hadi Sirika, revealed this while addressing journalists shortly...

CBN Must Act Now To $450m Trapped Funds – FG

CBN Must Act Now To $450m Trapped Funds - FG The National Association of Nigeria Travel Agencies, NANTA, has called on the Federal Government and the Central Bank of Nigeria, CBN to intervene in releasing the trapped funds of foreign airlines operating in Nigeria which...

International Airfares Rise As Naira Crashes On IATA Platform

International Airfares Rise As Naira Crashes On IATA Platform     The lingering shortage of foreign exchange in Nigeria has forced the naira to crash against the United States dollar on the air ticket pricing template of the International Air Transport Association, the Switzerland-based trade body representing...