Former Managing Director of Virgin Nigeria Airways and currently the CEO of Ropeways, Captain Dapo Olumide, says Nigeria needs to provide the needed infrastructure and maintenance facility before establishing strong airlines so that they could be profitable and competitive. He said that Nigeria does not need a national carrier that has government input but one […]
The Director General of the Nigerian Civil Aviation Authority, Captain Muhtar Usman has said to maintain air safety and economic development of the aviation industry, there is need fort accurate data gathering and harmonisation. He also said objective criticism by industry stakeholders will help drive progress in the sector. There were reports that some aircraft […]
There are indications that aircraft leasing companies may blacklist Nigeria over failure of domestic operators to keep to terms of agreements in leasing aircraft, spares and engines, which has made the country a pariah state. This was disclosed to THISDAY by the Director General of the Nigerian Civil Aviation Authority (NCAA), Captain Muhtar Usman who […]
For several years, Nigerian airlines expressed dissatisfaction over the payment of Value Added Tax (VAT) and complained that it ate deeply into their operations. Also, the airlines lamented that they pay too many taxes and charges which continued to eat into their profits. Nigerian airlines have average of 10 years lifespan as after that, they […]
Domestic airlines said that the recent Value Added Tax (VAT) waiver given to them by the federal government estimated to be about N50 billion annually would give them relief financially, provide them fund for aircraft maintenance, create more employment in the sector and lower air fares. The airlines said increased passenger movement in the domestic […]
