Airlines

Stakeholders: How Dry Lease Will Save Domestic Airlines N26.6bn Annually

Stakeholders who are experts in aviation industry have explained how domestic airline operators could save so much money from dry leasing. According to them, if Nigerian carriers migrate from wet leasing of aircraft to dry leasing, it will save them about N26. 6 billion ($17,853,48000) annually. They are optimistic that domestic airlines will soon begin […]

IATA

Air Transport Sector Contributes $2.5bn Annually to Nigeria’s GDP, Creates 271,000 Jobs, Says IATA

In commemoration of Nigeria’s 65 years of independence, International Air Transport Association (IATA) has stated that the air transport sector in Nigeria contributes $2.5 billion annually to the Gross National Product (GDP), which is 0.7 per cent, and created 217,000 jobs. That was disclosed by IATA’s Regional Vice President for Africa and Middle East, Kamil […]

Airports

Revenue Generation: FAAN Launches Cashless Universal Card at Abuja Airport

The Federal Airport Authority of Nigeria (FAAN) Monday launched the airport contactless universal card at the Nnamdi Azikiwe Airport (NAIA), Abuja. FAAN noted the contactless card is the physical embodiment of its “Go Cashless” vision, unified key to a seamless airport experience, noting it is prepaid and saves time. The Managing Director/Chief Executive, FAAN, Olubunmi […]

Airports

Revenue Generation: FAAN Launches Cashless Universal Card at Abuja Airport

The Federal Airport Authority of Nigeria (FAAN) Monday launched the airport contactless universal card at the Nnamdi Azikiwe Airport (NAIA), Abuja. FAAN noted the contactless card is the physical embodiment of its “Go Cashless” vision, unified key to a seamless airport experience, noting it is prepaid and saves time. The Managing Director/Chief Executive, FAAN, Olubunmi […]