Chinedu Eze The high exchange rate of the naira to other currencies has grounded air cargo business in Nigeria as checks by THIS DAY revealed that clearing agents and aviation handling companies last experienced peak in their business at the Murtala Muhammed International Airport, Lagos, which is the hub of air cargo services in Nigeria, in December […]
We are pleased to send you herewith the September report of the Airlines Financial Monitor Key points: Airline share prices were up 2% in September compared to August, supported by low jet fuel prices. Airline shares outperformed the broader market which fell 4% over the month; The financial performance of the airline industry has been […]
For immediate release Date: 30 September 2015 No: 45 Air Freight Volumes Flat After Recent Declines Geneva – The International Air Transport Association (IATA) released data for global air freight markets showing that in August freight markets stabilized after two months of decline. Measured in Freight Tonne Kilometers, air cargo volumes rose 0.2% compared to the same month […]
The most challenging period for domestic airline operators in recent times was early this year when fuel scarcity nearly grounded air transportation and threatened socio-economic activities of the country. But with the improved fuel supply situation, flight cancellations and delays were minimised. However, stakeholders in the aviation industry have continued to express fears that the […]
From about 300 meters away, an elderly man carrying a heavy luggage, tottered along the road to the domestic terminal of the Nnamdi Azikiwe International Airport, Abuja. He needed to be at the airport in less than 30 minutes, in order to catch his flight, so he decided to pass through the toll gate that […]
