Although opportunities seem to be opening up for African airlines, they still face daunting challenges in securing funding for fleet expansion and their operations. One of the major reasons why many Nigerian airlines operate with an average of three aircraft and also operate geriatric equipment is their inability to obtain loans. Unlike what has almost […]
If the Central Bank of Nigeria (CBN) devalues the Naira as pressure mounts on the federal government to do so, foreign airlines may lose about 45 per cent of their over N119. 4 billion ($600 million) trapped in CBN. THISDAY gathered that the airlines would lose substantial value of their earning, a development, which could […]
Enraged middle aged woman allegedly assaulted the Arik Air Manager at the Sam Mbakwe Airport, Owerri and seized the laptop modem of the airline as a way of ventilating her anger when the airline cancelled flight due to prevalent fuel scarcity. The incident happened less than two weeks after an aggrieved passenger, said to be a […]
Passengers travelling through the Murtala Muhammed International Airport, Ikeja, Lagos have been alerted of how fraudsters now use fake Nigerian Immigration Service (NIS) logo, letterhead to defraud intending passengers. The conmen send out information purportedly issued by the Lagos office of the NIS Immigration, requesting all passengers travelling out of the country MMA, Ikeja, Lagos […]
The Director of the Consumer Protection Directorate of the Nigerian Civil Aviation Authority, Mr. Adamu Abdullahi, spoke on the lingering aviation fuel scarcity and why foreign airlines should be allowed to repatriate their revenues. Excerpts: