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 […]
Medview Airline today apologizes to passengers over inconveniences suffered following the disruption of its flight schedule on Thursday and early Friday.In a statement by the Chief Operating Officer, Mr. Michael Ajigbotosho,the airline said the disruption was as a result of a snag in the operating aircraft.“We sincerely wish to offer our apology to passengers who […]
Managing Director of Interjet Nigeria Limited, which imports aircraft into the country, Seun Peters said government should put the right policies in place to grow the aviation sector and encourage the private sector to fund airport facilities and services. Excerpts: The aviation sector is facing crisis due to inadequate foreign exchange, scarcity of aviation fuel […]
Preventing accidents in the wake of an economic downturn can be daunting for the Nigeria Civil Aviation Authority, as the contraction may lure airlines into cutting corners. There are fears that the aviation sector may go back to the old ways when the country recorded many air accidents because of the difficult economic times. […]
Nigerian airlines have implored the Central Bank of Nigeria (CBN) to allow them direct access to forex market in order to meet the demands of their creditors and be able to renew their aircraft leases. The airlines said the limited access to foreign exchange, has made it difficult for them to pay for aircraft […]
