Aviation

Aircraft Depletion Imminent as Airlines Suspend Aircraft Maintenance Abroad over Forex Scarcity

Domestic carriers may suffer forced depletion of aircraft, following the suspension of all aircraft checks abroad due to lack of foreign exchange. With the latest development, all the aircraft ferried overseas would remain in various aircraft maintenance facilities until the airlines are able to source for funds to pay for their repairs and subsequent return […]

Aviation

Foreign Airlines Begin withdrawal of Service from Nigeria over Trapped Fund, as Emirates Pulls Out Sept 1

Foreign airlines have kept to their threat of withdrawing flight service to Nigeria if their trapped revenues were not repatriated, as Middle East mega carrier, Emirates Airlines, announced that it would suspend all flights to Nigeria from September 1, 2022. Emirates is owed over $95 million in Nigeria, which it cannot repatriate due to scarcity […]

Lufthansa Aircraft Aviation

Charges Stifle Flight Operations as KLM, Lufthansa, Emirates, Others Increase Airfares by 100%

Business class to hit N12m later August   NCAA increase TRL to $10,000 Following high cost of aviation fuel, astronomical charges recently introduced aviation agencies, international airlines have increased airfares by 100 per cent, a development that has adversely affected domestic and international flight services in the country. The airlines include major international carriers like Air […]