Foreign airlines that operate in Nigeria have expressed disappointment over the $61 million paid by the federal government as first installment to offset the $800 million revenue of the international carriers trapped in Nigeria. The airlines described the amount paid as insignificant, saying they may review their continued flight operation to Nigeria because government did […]
Delta Air Lines and Virgin Atlantic are celebrating 10 years of joint venture partnership since the two carriers joined forces to enhance consumer benefits between the US and U.K. in 2014. The partnership has grown even stronger through the expanded joint venture with Air France-KLM launched in 2020, forming the leading joint venture across the […]
Nigeria’s leading airline, Air Peace, has announced that it will launch flight connectivity from its Lagos hub to Cotonou in Benin Republic and Abidjan in Ivory Coast on January 22, 2024, bringing to 10 its regional destinations in less than a decade of commencing scheduled flight operations. A statement by the airline’s Spokesperson, Stanley Olisa, […]
It has been established that if Nigeria maximises food production, agriculture will replace oil and gas as major source of foreign exchange, but to make this possible farmers and middlemen must find easier ways of freighting farm produce to both local and international markets. Aviators conversant with air freighting of cargo have posited that the […]
Despite the recent payment of $61 million (N66 billion) to foreign airlines by the federal government as part of their revenue trapped in Nigeria, international carriers still charge Nigerians outrageous fares for international travels, THISDAY can report. Before the federal government paid the $61 million, trapped funds in Nigeria had risen to about $800 million. […]
