The Nigeria Civil Aviation Authority, (NCAA) has assured that air travel is safe in Nigeria despite the crisis caused by high cost of aviation fuel and attendant high cost of flight tickets. In order to ensure that airlines do not compromise on safety, NCAA said that the regulatory authority is currently carrying out financial and […]
*Price of Aviation Fuel May Rise to N1000 Per Litre The National Bureau of Statistics (NBS) has disclosed that Nigeria spent N292.56 billion in the importation of aviation fuel, known as Jet A1 in the first three months of the year – January to March 2022. Oil and gas industry publication, Sweet Crude Report stated […]
Managing Director of the Federal Airports Authority of Nigeria (FAAN), Capt. Rabiu Yadudu Nigeria has disclosed that Nigeria lost $2.5 billion (about N1.25 trillion) on Maintenance Repair Overhaul (MRO) investments to neighbouring countries in 2021 due to lack of functional facility in the country. Nigerian airlines ferry their aircraft for maintenance to countries like Ethiopia, […]
The Airline Operators of Nigeria (AON) has said passengers should expect more flight disruptions, as the scarcity of aviation fuel, known as Jet A1 is biting harder. AON’s spokesman and Chairman of United Nigeria Airlines, Obiora Okonkwo, said in a statement on Monday that the persistent fuel scarcity is affecting the operations of air transport […]
It is estimated that Nigeria’s aviation industry would have lost about N13 billion in one day if domestic airlines had shut down operations on May 9, 2022 as planned. The loss according to experts, would have amounted to about N9 billion in revenue that would have accrued to the airlines and N4 billion that would […]
