The President of the National Association of Nigerian Travel Agencies (NANTA), Mr. Yinka Folami, has disclosed that the federal government would soon stop foreign airlines from selling their tcikets in dollars. Travel agencies had cried out that international carriers sell their flight tickets in dollars, which negates the rules and puts pressure on the naira […]
The Nigeria Civil Aviation Authority (NCAA) has appealed to airlines to remit the five per cent Ticket Sales Charge accruing from ticket sales to the agency timely and transparently and threatened that none or delayed remittance of the revenues will attract punitive measures which would include no pay-no service policy from January next year. NCAA made […]
The Minister of Aviation and Aerospace Development, Festus Keyamo has commended Air Peace following the achievement of a major milestone with its successful launch of direct flights from Abuja to London Heathrow. Keyamo described the move as a defining moment for the country’s aviation sector and direct result of the federal government’s efforts to reposition Nigerian airlines. Speaking at the grand event to […]
The International Air Transport Association (IATA) in collaboration with Oliver Wyman, a global leader in management consulting and a business of Marsh McLennan (NYSE:MMC), today launched a joint study, Reviving the Commercial Aircraft Supply Chain (link). The report addresses supply chain challenges in the aerospace industry, and explores the root cause of these challenges, the […]
It has emerged that Nigeria spends over $2 billion annually on expatriate pilots who fly for schedule commercial airlines, charter service operators, and private jet owners. It was learnt that Nigerian airline operators and aircraft owners pay expatriate pilots about $7,000 per month, and those that have about 3000 flight hours can insist on more, […]
