Turkish Airlines and South African Airways have signed a new codeshare agreement aimed at expanding passenger connectivity between Africa and Türkiye. This was as both national carriers move to strengthen their strategic presence across key global routes. The agreement, signed in Geneva by Turkish Airlines Chairman of the Board and Executive Committee, Prof. Ahmet Bolat, […]
Airlines operate on thin margins, a fragility amplified in emerging markets such as Nigeria. Currency volatility, high financing costs, operational gaps, and weak infrastructure all drive up carriers’ cost base, which in turn leads to higher ticket prices for passengers. According to World Air Transport Statistics (WATS), the three largest costs for airlines globally are […]
Stakeholders in the aviation industry have urged the federal government to review the new tax regime, which will take effect from January 2026, saying it will bankrupt airlines and other businesses in the sector, if not revised to dovetail with industry standards. According to the Federal Inland Revenue Service (FIRS), in January 2026, when the […]
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 […]
