The International Air Transport Association (IATA) has called on African states to reduce taxes and charges on air travel in Africa. The global body complained that taxes and charges in air travel in the region were 15 per cent higher than the global average. IATA emphasised that it is critical that governments on the continent […]
After many years that Nigerian airlines stopped international flights to the United Kingdom and the United States, Nigeria’s major carrier Air Peace kicked off Lagos-London Gatwick flights in March 2024 and after one year, it was able to secure Abuja-London Heathrow, a feat many Nigerians attributed to the support of the federal government and the […]
Caverton Offshore Support Group Plc, yesterday announced its unaudited financial results for the half year (H1) ended June 30, 2025, showcasing a robust financial recovery with a profit before tax of N2.09 billion, up from a N3.7billion loss in the same period last year. The group’s profit moved from a loss of N3.7 billion in H1 2024 to N2.08 billion in H1 2025 […]
In responding to the overwhelming complaints of air passengers over discomfort from recurring flight delays and other forms of negligence without sufficient compensation from airlines, the Nigeria Civil Aviation Authority’s recent call for airlines to respect their obligations to the passengers is a step in the right direction. Over the years, airlines seem to negate […]
Renowned financial analyst, Mr. Bismarck Rewane will speak on Aviation Financing in Nigeria: The Risks, Opportunities and Prospects, on Thursday in Lagos at the 29th Annual Conference of League of Airport and Aviation Correspondents (LAAC). Rewane, who is the Managing Director of Financial Derivatives Company Limited and also a respected voice in Nigeria’s economic and financial policy circles […]
