For air transport operators, the year 2016 was their worst in recent memory, as the depletion of air travelers impacted negatively on airlines. Discovery Air, which suspended operation in 2015, had planned to bounce back last year. The airline made several efforts to access credit facility from local and international financiers but the rate with […]
Nigeria’s oldest airline, Aero Contractors said it has concluded plans to resume flight operations on Wednesday. The airline which stopped schedule services on September 1, 2016 due to lack of operational funds and the inability to pay for maintenance costs of its aircraft taken out for checks, said it would resume small. It […]
The National Union of Air Transport Association (NUATE) and the Air Transport Service Senior Staff Association (ATSSSAN) have been accused of stalling the plan by Aero management to resume schedule flight services. The move by Aero to lay off some workers to be able to operate with lean workforce that would match its lean resources […]
The Chairman, House of Representatives Committee on Aviation, Hon. Nkiruka Onyejeocha, has reached the conclusion that the aviation sector is bedeviled by sundry problems that are threatening the future of air transport in Nigeria. She spoke on actions being taken to rejuvenate the industry. Excerpts: What was the purpose of the House Committee’s visit to […]
The House of Representatives has kicked off plan to make the Central Bank of Nigeria (CBN) earmark more foreign exchange to the domestic airlines to enhance the sustainability of their operation. The House said the inability to access foreign exchange is the root cause of the problem of domestic airlines in addition to the […]